Ambcrypto Analysis: AAVE Price Surge After Major Sell-Off
Wednesday, 4 September 2024, 19:00
AAVE Price Surge Analysis
Ambcrypto has highlighted a significant 10% jump in AAVE's price after a major sell-off, raising investor interest and concern. If sentiment turns negative and the price dips to $125, approximately $1.46 million worth of long positions are at risk of being liquidated. On the other hand, a positive pivot in sentiment could see AAVE’s price rise even further.
Investors Should Monitor Key Levels
- A key resistance level is set at $150.
- Investors are advised to watch for shifts in market sentiment.
- Risk of liquidation looms if the price falls below $125.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.