Shorting AAVE this week might not be a good decision because...
. As such, it is believed that its price might see some more growth if the price of the leading coin stabilizes above the psychological $20,000 price region.The week so far has been marked by a rally in AAVE’s price. On the daily chart, buying pressure for the crypto asset increased in the past few days.
This also caused its Money Flow Index to attempt a cross-over above the center line, and as of 5 October, it touched 53. Although at press time, this rested on the 50 center line. While these key indicators rallied due to the growing buying pressure since the week started, the increased profit-taking that has accompanied the price rally has caused these indicators to grow flat.
As per data from Santiment, the average daily count of whale transactions above $100,000 since the beginning of the week stood at 9 transactions.
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