Aave (AAVEUSD) Looks Good to Buy at $225.14 Resistance Value

Aave (AAVEUSD) Price Forecast: March 7

Aave is positive again today. The coin looks good to buy at its recent price as it faces high bullish pressure. Should the bulls increase their pressure, the resistance level of $278.73 may not hold, and it may extend to a $280.00 high level and beyond, signaling a robust bullish trend.

Key Levels:
Resistance Levels: $254.00 $255.00, $256.00
Support Levels: $189.00, $188.00, $187.00

AAVE (USD) Long-term Trend: Bullish (4H Chart)

AAVEUSD indicates an upward trend and looks good to buy with a bullish sentiment in its long-term perspective. The coin is trading above $217.38 with huge volumes from the bulls.
The previous action at the $211.06 high level in the last few hours has sustained the coin price to remain above the trend line in its recent high.

The Aave pair looks good to buy as the bulls’ action increases the token price to the $225.14 resistance mark above the supply trend levels as the 4-hour session opens today, approaching the anticipated target.

However, if the buy traders successfully keep the coin prices above a $254.00 high value, a retest of the previous high at the $278.73 level is possible soon.

In addition, the AAVEUSD pair indicates an uptrend. If the coin buyers can hold above the $278.73 high mark and close a candle, closing above the mentioned resistance will make the token look good to buy.

As a result, the price could pump or surge upsides to hit the $280.00 upper high level in no long time in its long-term outlook.

AAVE (USD) Short-term Trend: Bullish (1H Chart)

Aave remains in a bullish trend and also looks good to buy in its short-term outlook. Further, the coin prices are traded above the EMA-50, confirming a bullish trend.
The bulls’ interference in the previous session has enabled the crypto price to maintain the upward strength in its recent high.

On the 1-hour chart today, there is a broader recovery in the prices. The AAVEUSD price jumped up to a $225.14 supply level above the moving averages as the bulls took to their stand in the market.

The bullish correction indicates a gradual improvement in market sentiment and leads to more intraday gains to higher prices.

In addition, the daily signal indicates an uptrend, suggesting that the Aave pair will continue to look good for buyers and might continue rising.

In light of this, the bullish rally may therefore head towards the $280.00 high value in the days ahead on the lower time frame.

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