Both of these cryptocurrencies rebounded from losses during yesterday’s session, with AAVE trading as much 10% higher.AAVE rebounded during Tuesday’s trading session, as bulls returned to action after a recent three-day winning streak was snapped yesterday.
Today’s move pushed prices away from the long-term support level of $80, and they now hover marginally below a resistance point of $94.Bulls in AAVE seem to be targeting the $100 level, however we will likely not see a move towards this point unless the current ceiling on the RSI is broken. Overall, although prices are currently oversold, both the short and mid-term moving averages show that momentum is still bearish.Similar to AAVE, AVAX saw its price climb higher on Tuesday, after a brief stint in the red to start the trading week.
As a result of today’s move, AVAX is now trading marginally below a resistance level of $37.30, which appears to be the point bulls are targeting.Overall, relative strength on the current chart shows that prices are still oversold, and tracking near multi-month lows.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
AVAX looks bullish on BFX now. I bought a little today.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin, Ethereum Technical Analysis: BTC Below $30,000 to Start the Week – Market Updates Bitcoin NewsFollowing a volatile weekend of trading, cryptocurrency prices consolidated to start the week, with BTC close to its long-term floor. It is the time to buy some ,I have $7000 and I am bit confused what to buy $APE or $Shib bitcoin will not always fall, I'm waiting for its skyrocket soon. And keep investing usdt in it. BTC is scam pyramid scheme
Source: BTCTN - 🏆 531. / 51 Read more »
First Mover Asia: Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin ReboundsSingapore’s regulators are aware of the trend of crypto companies using a Singaporean entity to conduct business abroad with no material ties to the country; bitcoin jumps above $31K. thesamreynolds and JPRubin23 report thesamreynolds JPRubin23 should this exploit be fixed? Thank you very much_,,,! thesamreynolds JPRubin23 *cough* LUNA *cough*
Source: CoinDesk - 🏆 291. / 63 Read more »
Bitcoin․com Exchange Market Insights Report for May 2022 – Promoted Bitcoin NewsThis is the May 2022 monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market I'm pretty sure soon it will cost much more usdt Confused by every Cryptocurrency concept lately and how to go about investing in it and making profit despite its fall these period? Relax, send a direct message and I'll guide you through the process.
Source: BTCTN - 🏆 531. / 51 Read more »