Altcoin Update: Bullish Setups for AAVE, ONDO NEAR, With a Pullback Risk for XRP
- AAVE’s breakout above 0.002905 BTC may trigger a rally toward 0.005 BTC
- ONDO eyes breakout as price nears $1.20 resistance with rising RSI and volume
- XRP cools off after ETF spike, while NEAR shows bullish divergence setup
Altcoins have started showing renewed strength against both BTC and USD, sparking optimism for a broader market breakout. Several tokens, including AAVE, ONDO, XRP, and NEAR, are now revealing classic accumulation patterns and breakout structures on their charts.
AAVE shows classic accumulation in its BTC pair
AAVE/BTC has been confined within a long-term range between 0.001324 and 0.002905 BTC. However, AAVe’s current chart structure now shows strong signs of accumulation by investors.
The chart reveals a rounded bottom, higher lows, and increasing volume. These indicators often precede a breakout. A clear break above the 0.002905 BTC resistance could trigger a sharp move toward 0.0045–0.005 BTC.
Related: Crypto’s Odd Rally: SUI, SOL, LINK, ONDO, LTC, HBAR, AAVE, and ADA Surge Despite Bitcoin’s Dip
Besides, long-term holders continue accumulating AAVE despite price wobbles. Their conviction remains firm, with minimal…
The post Altcoin Update: Bullish Setups for AAVE, ONDO NEAR, With a Pullback Risk for XRP appeared first on Coin Edition.
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Altcoin Update: Bullish Setups for AAVE, ONDO NEAR, With a Pullback Risk for XRP
- AAVE’s breakout above 0.002905 BTC may trigger a rally toward 0.005 BTC
- ONDO eyes breakout as price nears $1.20 resistance with rising RSI and volume
- XRP cools off after ETF spike, while NEAR shows bullish divergence setup
Altcoins have started showing renewed strength against both BTC and USD, sparking optimism for a broader market breakout. Several tokens, including AAVE, ONDO, XRP, and NEAR, are now revealing classic accumulation patterns and breakout structures on their charts.
AAVE shows classic accumulation in its BTC pair
AAVE/BTC has been confined within a long-term range between 0.001324 and 0.002905 BTC. However, AAVe’s current chart structure now shows strong signs of accumulation by investors.
The chart reveals a rounded bottom, higher lows, and increasing volume. These indicators often precede a breakout. A clear break above the 0.002905 BTC resistance could trigger a sharp move toward 0.0045–0.005 BTC.
Related: Crypto’s Odd Rally: SUI, SOL, LINK, ONDO, LTC, HBAR, AAVE, and ADA Surge Despite Bitcoin’s Dip
Besides, long-term holders continue accumulating AAVE despite price wobbles. Their conviction remains firm, with minimal…
The post Altcoin Update: Bullish Setups for AAVE, ONDO NEAR, With a Pullback Risk for XRP appeared first on Coin Edition.
Read More