The AAVE technical analysis highlights the underlying declining trend in the market as prices are pulled down below $55 by the bearish momentum caused by high selling pressure. Breaking below the psychologically important mark of $55, AAVE price actions show bearish momentum due to a lack of interest among the buyers. AAVE has been struggling to recover from the recent crypto crash which accounted for a drop of 38.2% in the last 14 days. Currently trading at $53.56 as of writing, AAVE plunged by 4.56% during the last 24 hours with a 24-high of $57.50. The 11.43% drop in trading The post AAVE Technical Analysis: Descending Triangle Warns Downfall Under $50 appeared first on Cryptoknowmics-Crypto News and Media Platform .
