AAVE Price Pullback, Sky Aave Initiative
This is a TradFi news story, published by CoinGape, that relates primarily to Aave Labs news.
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AAVE Price Holds Key Fibonacci SupportCoinGape
•Will AAVE Price Surpass $150 Barrier Amid Sky Aave Force Initiative?
67% Informative
AAVE price pulledback of 38.2% Fibonacci retracement level indicates a healthy correction for a prolonged rally.
Aave Labs introduces Sky Aave Force , a new initiative aimed at driving mass adoption and bridging the gap between decentralized finance (DeFi) and traditional finance ( TradFi ) AAVE supply on exchanges has declined significantly since early June , indicating that investors are actively withdrawing this asset.
AAVE Price plunged 9.3% to $ 122 on Monday , indicating the integration could drive a long-term value to these assets rather than immediate effect.
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