AAVE: Michaël van de Poppe Sets $125 Breakout Target
AAVE trades at $94.52 with EMA50 support at $94.45 as higher lows build toward $125 amid neutral RSI and Bollinger band resistance at $98.7.
SourceAnalysis
AAVE is primed for a strong upward breakout according to Michaël van de Poppe, who cited constant higher lows and demand supporting price ahead of resistance clearance with a $125 target.
Price sits just above the EMA50 at $94.45 while the EMA200 at $87.81 anchors the longer-term bullish structure; the neutral RSI(14) at 47.24 leaves room for continuation even as the MACD death cross at 0.62 signals short-term caution, and trading inside the Bollinger bands between $93.87 support and $98.7 resistance suggests a measured push to the upper band before the next leg higher in this AAVE price prediction scenario.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast