XRP cools off after ETF spike, while NEAR shows bullish divergence setup
Altcoins have started showing renewed strength against both BTC and USD, sparking optimism for a broader market breakout. Several tokens, including AAVE, ONDO, XRP, and NEAR, are now revealing classic accumulation patterns and breakout structures on their charts.
AAVE/BTC has been confined within a long-term range between 0.001324 and 0.002905 BTC. However, AAVe’s current chart structure now shows strong signs of accumulation by investors.
The chart reveals a rounded bottom, higher lows, and increasing volume. These indicators often precede a breakout. A clear break above the 0.002905 BTC resistance could trigger a sharp move toward 0.0045-0.005 BTC.
Related: Crypto’s Odd Rally: SUI, SOL, LINK, ONDO, LTC, HBAR, AAVE, and ADA Surge Despite Bitcoin’s Dip
Besides, long-term holders continue accumulating AAVE despite price wobbles. Their conviction remains firm, with minimal…
