AaveToken / USDT
Long
Aggiornato

AAVE analysis : from Tokenomics to Technical analysis

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AAVE projet is on of the strongest projects in crypto space.

The whales present in this project count for 70% and the majority of them holds their wallets at least 2 years from now.

The analysis of the supply demonstrates that during the accumulation phase 3% of the total supply have been added to the market without any major impact on the price, that means that the whales have intention of accumulating this token.

The anchored volume profil also demonstrates that we are near the value zone.

From my technical analysis I expect a first target of $400. Then we will begin to see the first distribution movement of the whales.
Trade attivo
Strong buying power noticed during the accumulation phase , the whales still maintaining positions in AAVE coin.
Trade attivo
Aave is holding position despite all the market selling pressure :
istantanea
Trade chiuso: obiettivo raggiunto
As anticipated, $400 target was reached.
Deep correction followed as whales went into profit taking. Now the coins went back to accumulation zone.
Needs some time to consolidate.

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