Aave, the native token of Aeve Defi protocol for borrowing and lending, has had a rough month.
In BTC terms it peaked in early February and has since then lost over 50%.
The current level might look like an attractive entry point in case of a potential reversal — probably that’s why the Cindicator community was interested in learning more about this asset.
Based on the demand from the community, we’ve asked Hybrid Intelligence the following question:
“The cryptocurrency Aave (AAVE/BTC) settled at 0.00692100 BTC at 09:32 AM UTC at the binance exchange on Friday, March 12. In your opinion, will AAVE/BTC trade above 0.00795846 BTC (+14.99%) at any time before March 20?”
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Assurance: 22%
This means that Hybrid Intelligence thinks it’s unlikely that AAVE could gain +15% against Bitcoin over the next week. So it’s probably best to consider some other asset for a long position.
In BTC terms it peaked in early February and has since then lost over 50%.
The current level might look like an attractive entry point in case of a potential reversal — probably that’s why the Cindicator community was interested in learning more about this asset.
Based on the demand from the community, we’ve asked Hybrid Intelligence the following question:
“The cryptocurrency Aave (AAVE/BTC) settled at 0.00692100 BTC at 09:32 AM UTC at the binance exchange on Friday, March 12. In your opinion, will AAVE/BTC trade above 0.00795846 BTC (+14.99%) at any time before March 20?”
-------------------------------------
Assurance: 22%
This means that Hybrid Intelligence thinks it’s unlikely that AAVE could gain +15% against Bitcoin over the next week. So it’s probably best to consider some other asset for a long position.