Seeking Alpha
2022-08-03 12:30:00

3 Alts With Setups For Higher Highs In The Next Bull Cycle In Crypto (Part 3, Aave)

AAVE is a platform for Decentralized Finance (DeFi).The platform facilitates lending and borrowing of digital assets where borrowers post crypto as collateral and lenders receive interest for funding lending pools from which borrowers can take loans.AAVE is one of the largest most utilized platforms for lending in the DeFi space.Produced in collaboration with Avi Gilburt and Ryan Wilday.From the previous article:For those who have followed the work of myself and Ryan Wilday, you know that while Bitcoin (BTC-USD) has yet to reach our expected targets for rally patterns off of both the 2018 and 2020 lows, we still see the price action as constructive. Price has been in a larger holding pattern, denoted as a flat correction off the April 2021 highs, and the larger degree of support for this perspective continues to hold. Though micro setups have developed to take BTC back to $24k, price has evaded a deeper drop. BTC has not been able to push below $30k for any significant period of time before attracting an excess of buyers who push price back up. In short, expectations for higher targets described in my various articles entitled with some iteration of "Moonpath," still appear to be very much on track.The guidance that we provide in Crypto Waves tends to center around Bitcoin as the core holding among digital assets, and we tend to strike a position of caution around both over-allocating into alt-coins and holding altcoins as lon...

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约