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Aave Price Prediction for Today, November 20: AAVE/USD Clings to the $60 support level 

The Aave market takes the $96.8 level as the basis for the bearish trend that hits a brick wall at the $60 price level. The strong
The Aave market takes the $96.8 level as the basis for the bearish trend that hits a brick wall at the $60 price level. The strong

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The Aave market takes the $96.8 level as the basis for the bearish trend that hits a brick wall at the $60 price level. The strong

The Aave market takes the $96.8 level as the basis for the bearish trend that hits a brick wall at the $60 price level. The strong support level dams the falling price, but the buyers repeatedly fail to advance the price in a bullish way. The bulls were only able to keep a firm grip on their position and they keep it unmovable.

AAVE Market Price Statistic:

  • AAVE/USD price now: $59.8
  • AAVE/USD market cap: $827,399,301
  • AAVE/USD circulating supply:14,093,192.58
  • AAVE/USD total supply: 16,000,000
  • AAVE/USD coin market ranking: #50

Key Levels

  • Resistance: $60, $65, $70
  • Support: $55, $50, $45

Aave Market Price Analysis: The Indicators’ Point of View

The outlook of today’s candlestick pattern portrays a high level of indecision as the price fails to rise beyond the new lower resistance level. The RSI measures a market momentum of 39 as the line assumes an upward-moving position. The RSI line has crossed the signal line. This is telling us that Aave is on a bullish recovery, but due to the lack of interest of traders in the market, the price seems stagnant. 

The Aave market takes the $96.8 level as the basis for the bearish trend that hits a brick wall at the $60 price level. The strong

AAVE/USD 4-Hour Chart Outlook

The bands of the Bollinger indicator converge against the market activities. This is a sign that the Aave market will soon have a bullish price breakout as soon as the volume of trade in the market increases. Since all the indicators support a buying sentiment, as soon as the volume of trade increases, the price is expected to rise. 

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