AAVE Whale Nets $1.8M Profit but Loses $10.9M to Market Timing Blunder
Crypto Whale's Profit and Loss: A crypto whale made $1.8 million in profit from trading Aave (AAVE) but missed out on an additional $10.9 million due to poor timing, having sold tokens at a significantly lower price than their peak value in December.
AAVE Price Trends: AAVE's price recently increased by 26% but has since dropped to $177.91, remaining 73.1% below its all-time high of $661.69 from May 2021, while the overall crypto market has seen a 6% gain in the past week.
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Technical Analysis for AAVE
Technical Sentiment Analysis for Aave (AAVE) As of , Aave (AAVE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AAVE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AAVE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Aave (AAVE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 47.896 | 70.073 | 94.256 | 116.433 | 140.616 | 162.793 | 186.976 |
| Fibonacci | 70.073 | 87.783 | 98.723 | 116.433 | 134.143 | 145.083 | 162.793 |
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