It has been spooking ALOT of ppl out. HOW LOW WILL IT GO? IS IT ALL OVER? AAVE IS GOING TO 300, 200. blah blah. I dont see that here and if it did it would be bought back up so fast it would probably kick off the next leg up. All i see is a much needed structure beings built for the next run up. I'm looking to buy more. The entire market is very stable. Alts are only getting punished bc of bitcoin dominance. We know bitcoin dominance is in a downtrend but it could have a time in the spotlight and give alts a break. Either way long term DEFI is going much much higher. IF cardano can hit 30 billion then i have no doubts that AAVE will hit that as well and probably closer to 90 billion by the time of the end of the year. It wont be easy. WHALES LOVE THIS ONE. Plus it got alot of attention lately and maybe was overyhyped short term look for consolidation before moving up higher.
Note
yes there will be choppiness upside and downside. i like the support at 470 but really it could go down to around 430 this weekend.Note
IF YOU GUYS ARE WORRYING AND PANICKING OVER YOUR SHITCOIN FALLING IN PRICE SOMETHING IS WRONG. EITHER YOU ARE OVER EXTENDED IN THE TRADE AND HAVE TOO MUCH RISK ON THE TABLE. YOU SHOULD NEVER BE WORRIED ABOUT WHERE A CRYPTO IS FALLING TO . THAT SHOULD ALREADY BE PLANNED OUT BEFORE YOU GET INTO ANY TRADE. IF YOU DONT KNOW WHAT YOU ARE DOING THEN TAKE SOME TIME AND GO LEARN. I'M NOT PROVIDING A TRADING SIGNALS GROUP OR CRYSTAL BALL PREDICTIONS
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.