Cryptocurrency analyst predicts rise for 3 tokens, including AAVE

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Cryptocurrency analyst predicts rise for tokens, including AAVE
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Cryptocurrency analyst predicts rise for 3 tokens, including AAVE
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Renowned cryptocurrency analyst Michaël van de Poppe highlighted that the AAVE token, native to the Ethereum (ETH) network lending platform, is about to experience an appreciation phase. According to Van de Poppe, AAVE is experiencing a clear trend change after surpassing the $150 mark, which could pave the way for the asset to reach $250.

The analyst states that AAVE is essential for composing a portfolio of cryptoassets, especially with the increased adoption of decentralized finance (DeFi). According to van de Poppe, as long as the token price remains above the $110 to $120 range, there is a growth trend with a target around $250. At the time the analysis was done, AAVE was trading at $151.14.

In addition to AAVE, Van de Poppe also analyzed Clearpool (CPOOL), a smaller project with a market cap of $114 million. CPOOL, which is a decentralized credit marketplace, is 93% below its all-time high of $2.55. The analyst believes that the token could reach 2024 peak values ​​as a first price target.

As Van de Poppe highlighted, Clearpool is starting a new upward cycle. After reaching a previous peak of $0.35 and suffering a deep correction, the asset is in a reversal process. For him, falls in short (LTF) and long (HTF) terms are good buying opportunities. The estimated price target for the next few months is $0.35. At the time of analysis, CPOOL was trading at $0.17.

Bullish prediction for AAVE and other tokens

Another asset that caught the analyst’s attention was the token from the blockchain oracle platform DIA. According to him, DIA is in a clear upward trend reversal. The analyst suggests that investors in the token can wait for a correction to the $0.50 range or a clear breakout of the $1.20 level to confirm the uptrend.

Van de Poppe adds that if the breakout occurs, he plans to look for short-term entry (LTF) areas to potentially reach the next target. At the time of analysis, DIA was trading at $1.08.

Cryptocurrency analyst predicts rise for 3 tokens, including AAVE

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Cryptocurrency analyst predicts rise for 3 tokens, including AAVE

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Cryptocurrency analyst predicts rise for 3 tokens, including AAVE

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