Pratik

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

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

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

SUSHI

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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Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

 

(Excerpt) Read more Here | 2021-01-26 01:19:16
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