Aave Advances with a Robust 9% Uptick; Don't Overlook Meme Kombat's Alluring Presale Potential

Aave Advances with a Robust 9% Uptick; Don’t Overlook Meme Kombat’s Alluring Presale Potential

Updated: 24 October 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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Aave has been performing exceptionally well, experiencing a significant price surge that has attracted a growing number of buyers and traders.

This robust performance could be linked to the recent upswing in Bitcoin, which recently reached $30,000, prompting discussions about the sustainability of its upward trend or the possibility of a reversal.

Aave has initiated an upward trend, and while there is potential for a breakout above the $88 level, it’s worth noting that breaching the downtrend line could shift the advantage in favor of the bears.

$AAVE unstoppable pumping after my call 🔥🔥🔥

Already did 23% profit till now 💰💰 https://t.co/JK5mzIwdQM pic.twitter.com/i0VT81zMTN

— TOP GAINER TODAY (@RoccobullboTTom) October 23, 2023

Currently, the token is trading at $84.06 as of 6:37 a.m. EST, reflecting an impressive 11% increase over the last 24 hours. Furthermore, its weekly performance registers a substantial 29.8% rise.

AAVE Could Break Above Ascending Triangle

The price of AAVE has shown a significant recovery as it rebounds strongly from the lower trendline of the ascending triangle pattern. This rebound suggests a bullish trend continuation. Which potentially provides the bulls with the momentum needed to breach the triangle’s upper boundary with a target set at $115.

AAVE is benefitting from the support of both the 50-day and 200-day moving averages, contributing to the upward momentum in its price.

This support has encouraged the bulls, pushing the price close to breaking through the upper boundary of the ascending triangle pattern.

Furthermore, the Relative Strength Index (RSI) has rebounded from the 50 level and sharply surged beyond the overbought threshold of 70 to settle at 78.06, signifying substantial buying pressure.

The overall trend for AAVE remains bullish, as shown by the alignment of the simple moving averages and the RSI. This favorable setup gives the bulls the momentum to target a new high of $120.

However, the upper boundary of the ascending triangle could present an opportunity for bearish activity, potentially leading to a price decline to $74.14. Buyers may seek support for around $62.01 if the price drops below this level.

Join the ranks of Meme Kombat investors who are savoring substantial Annual Percentage Yields (APY) on their staking activities. Further positioning MK as a superior choice compared to AAVE.

Meme Kombat Presale Gathers Over $600k in Funding

The Meme Kombat token has garnered significant interest in meme coins, with its presale offering surpassing the $600k threshold.

Meme Kombat’s presale is drawing closer to its $1 million aim, with only $300,000 remaining to achieve this notable milestone. This accomplishment follows a successful presale campaign.

$MK pic.twitter.com/Q5YZyE10v3

— Meme Kombat (@Meme_Kombat) October 23, 2023

The MK presale has already gathered over half of its intended goal in a matter of weeks since its introduction. They have raised $653,960. This underscores the significant investor enthusiasm for the token presale. Further enticing additional investors to delve into this opportunity.

Moreover, in the presale stage, participants can invest their tokens on the MK platform in contests that showcase the world of memes. providing chances to secure rewards. The platform also offers an array of betting options.

Meme Kombat is beyond a gaming platform. It symbolizes a community-driven ecosystem where blockchain enthusiasts, gamers, and stakeholders can unite to delve into, vie, and relish an enriched gaming experience.

Join MK Warriors, Earn Rewards, 112% APY

Investors can now take part in Meme Kombat’s staking-to-earn and play-to-earn programs. An offer with a substantial annual yield (APY) of 112%. 30% of the token supply is allocated for staking and battle rewards.

Collaborative betting with others is also available, allowing users to share in the winnings. The first battle season (Season 1) was launched earlier this month, shortly after the platform’s inception. It features confrontations involving 11 well-known crypto memes, including DOGE, SHIB, PEPE, leaderboards, and more.

This season will lay the groundwork for ongoing gameplay, attracting users and nurturing community involvement.

In December 2023, Meme Kombat plans to introduce Season 2, offering new confrontations, rewards, and opportunities to establish its presence in blockchain gaming.

Oscar Ramos, who boasts 55.2k subscribers, has released concise video reviews expressing strong enthusiasm for Meme Kombat.

In his videos, Oscar outlines how Meme Kombat functions. He continues to break down the advantages individuals can gain from its staking feature.

To get in the Meme Kombat Tokens’ presale, visit the official Meme Kombat website, where you can gain tokens using ETH, BNB, or USDT (ERC-20 and BEP-20).

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