BTC has entered the accumulation zone after dropping around 30% from its all time high price. As BTC dominance starts dropping, we will see altcoins gaining momentum. BTC or altcoins, the rally continues and crypto market is always interesting.
Yield farming has been gaining a lot of popularity and the volume and TVL across many DEX has been steadily increasing. Many of the DEX have millions of dollars locked in their pools which shows that traders have started putting their faith in DEX. DEX and yield farming present a whole new crypto market altogether.
Today we will review the price of AAVE, UNI and SUSHI from the crypto market.
AAVE/USDT – Price Prediction
AAVE is currently trading at $254 and has a weak support at the 0.618 fib $234. If it can stay above this fib and turn this zone to support, we could see a move towards $280, $355 and $475. Failure to hold the support could lead to a drop to $220, $200, $177 and $159.
UNI/USDT – Price Prediction
UNI has entered the resistance zone at $12.21. If it can break this resistance, we could start seeing a move towards $13.92 and $16.80. Failure to break the resistance at $12.21 could lead to a drop towards $10.63, $9.35 and $7.89.
SUSHI/USDT – Price Prediction
If SUSHI can break the resistance at $8.56 and flip it to support, we could start seeing a move towards $9.36, $10.39 and $13.37. Failure to break the resistance at $8.56 could lead to a drop towards $6.98 and $6.04.
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