Bird The native tab of the Large Decentralized Finance Loans (DEFI) protocol was strongly recovered from the minimum of last week that broke the key resistance levels on Friday afternoon.
Token won another 2% in the last 24 hours and has increased 6% this week. He has established support at the levels of $ 284- $ 285, while currently consolidating around $ 290.
The measure occurred when the broader cryptographic market was recovered, with profits in all areas and bitcoins Breaking above $ 122,000, advancing closer to its August record. The broader defi market was also accelerated, reaching an asset of $ 219 billion in all protocols, a new registration level, as shown by defillion data.
The deposits in AAVE also rose to a record of $ 74 billion, consolidating their higher position between the Defi protocols, according to defillma data. The platform enjoyed new tickets due to a recent association with the promising plasma of the stablcoin chain centered. The plasma loan market in AAVE increased above $ 6 billion in less than a week.
Technical analysis shows strong impulse
The technical indicators point to the upward potential despite the pressure to obtain short -term profits at the current levels, it shows the Coindesk data research model. However, resistance levels remain firm between $ 290 and $ 294 after repeated rejections.
- The price earns 2.33% in the 24 -hour session.
- The negotiation range covers $ 15.17 between $ 279.16 and $ 294.33 ends.
- Volume is triggered at 143,188 units, well above 37,000 average.
- Support level confirmed at $ 284- $ 285.
- Resistance zone established between $ 290- $ 294.
- Intoy High reaches $ 290.37 before reversal.
- The consolidation pattern takes place at the current levels.
