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- 1 AAVE token has climbed above $100, reflecting bullishness.
- 2 Axie Infinity token (AXS) gained momentum and is expected to reach the $10 mark.
- 3 Tezos (XTZ) price showcased a trend reversal and has picked strength.
Aave (AAVE), Axie Infinity (AXS), Tezos (XTZ) crypto are in the investors’ sights as these tokens have been reflecting bullishness through this week. Moreover, these crypto assets have started rocket gains and highlight investor interest. Investors must watch out for these cryptocurrencies to add to their portfolio to gain big in 2024.
AAVE Displays Buyer Accumulation, Can AAVE Reach $150?
Aave (AAVE) token has made a double bottom formation and is headed toward the 100-Day EMA mark which is a signal for a trend reversal. Moreover, the token has picked up strength, and fresh buying momentum was witnessed in recent sessions. Furthermore, the token has jumped above the $100 mark and is ready to skyrocket in the coming sessions.
AAVE price was $0.1022 at press time, with an intraday gain of 10.30%, showing bullishness on the charts. Moreover, the trading volume has increased by 248.23% to $140.08 Million, and the market cap has risen to $1.58 Billion. Analysts are bullish and suggest that the Aave token (AAVE) will continue to show bullishness and may retest $0.1200 soon.
AXS Reflects Pullback, Can AXS Surpass $10 Mark?
Axie Infinity token (AXS) price has moved out of the retracement phase, and fresh higher high swings were noted, delivering bullish momentum on the charts. The price action signifies the buying interest, and the token is ready to extend the gains and will skyrocket in the following sessions.
The Axie Infinity token (AXS) price was $9.00 at press time, with an intraday gain of 3.33%, showing a trend reversal on the charts. Moreover, the trading volume increased by 9.67% to $133.44 Million, and the market cap rose to $548.48 Million. Analysts are bullish and suggest that the Axie Infinity token (AXS) will continue to extend the gains and may surpass $10 soon.
Tezos (XTZ) Reveals Trend Reversal, Is a Bullish Trend Ahead?
Tezos (XTZ) price has glimpsed a trend reversal, jumped from the bottom zone of $0.600, and surged over 80% in the past sessions. The token has noted a rounding bottom formation and is ready to retest the 100-Day EMA mark shortly. Moreover, the coin has delivered a pullback, and follow-on buying momentum was noted on the charts.
The Tezos coin (XTZ) price was $1.18 at press time, with an intraday gain of 3.20%, showing a trend reversal on the charts. Moreover, the trading volume increased by 42.67% to $58.67 Million, while the market cap rose to $1.13 Billion. Analysts are bullish and suggest that the Tezos coin (XTZ) will continue to extend the gains and may retest $1.50 soon.
Summary
Aave (AAVE), Axie Infinity (AXS), and Tezos (XTZ) cryptos have picked up strength and are ready to soar in the upcoming sessions. Investors must look out for these cryptocurrencies and mark the levels given below for their portfolio in 2024.
Technical Levels
Support Levels of AAVE:$100 and $90
Support Levels of AXS: $8.80 and $8.00
Support Levels of XTZ: $1.00 and $0.90
Resistance Levels of AAVE: $$110 and $120
Resistance Levels of AXS: $9.40 and $10.00
Resistance Levels of XTZ: $1.40 and $1.70
Disclaimer
The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.
Steefan George is a crypto and blockchain enthusiast, with a remarkable grasp on market and technology. Having a graduate degree in computer science and an MBA in BFSI, he is an excellent technology writer at The Coin Republic. He is passionate about getting a billion of the human population onto Web3. His principle is to write like “explaining to a 6-year old”, so that a layman can learn the potential of, and get benefitted from this revolutionary technology.
