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AAVE price prediction suggests prices are oversold and a short-term bounce is possible.
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AAVE crypto price is trading below the 50-day and 200-day EMA showcase downtrend.
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Aave price is trading near its long-term demand zone.
AAVE price prediction remains bullish for the long term till it holds the $50.00 support. It suggests that Aave crypto price is oversold and a short-term pullback rally is pending.
AAVE price is trading below the 50-day and 200-day EMA showcase downtrend. However, the prices are far away from the EMAs so buyers might try to push the price upward to test the EMA.
Previously, Aave prices tried multiple times to break the 50-day EMA hurdle but got rejected. It shows the presence of sellers on the higher levels. It formed a bearish double-top pattern and slipped down by forming lower low swings.
Presently, AAVE price is near to the long-term demand zone and buyers are trying their best to rebound. It eroded the
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