Bulls in DOGE, LTC and AAVE Market Dominate: Will the Uptrend Continue?

Dogecoin (DOGE)

Dogecoin’s (DOGE) market was under bearish control in the early hours until finding support around the intra-day dip of $0.07429. As a result, bulls grabbed market dominance and managed to rise in price to a 1-day peak of $0.07841 (its 7-day high) before encountering resistance. As of press time, the bulls had managed to value DOGE at $0.07656, a 2.86% increase over the previous day’s closing price.

If this bullish strength persists and the barrier level does not hold, the following likely resistance levels maybe $0.08000 and $0.08500. However, assuming the bears seize market control and force the price below the support level, the following likely support levels might be $0.07000 and $0.06500.

During the upturn, market cap and 1-day trading volume soared by 2.89% and 61.02%, respectively, to $10,614,903,117 and $468,359,206. This move indicates that investors have raised their interest in the asset and are prepared to acquire it at greater prices, which might lead to an additional price rise. Nonetheless, it is critical to regularly follow the market since any abrupt movement in mood might result in a dramatic price reversal.

Litecoin (LTC)

The Litecoin (LTC) market has been bullish in the previous 24 hours, with values moving between an intra-day peak and dip of $93.85 and $89.11, respectively. The 1-day high was achieved due to the bulls’ perseverance in the rebound despite early bear dominance in LTC. As of this writing, the LTC price was priced at $93.19, a 3.66% increase from its previous close, signalling favorable market momentum that might possibly drive the price higher in the immediate term.

If this bullish force continues and the 24-hour high of $93.85 is broken, the next resistance levels might be $95 and $100. But, if the bears gain control, the key support levels to monitor are $90 and $85. Because of these fluctuations, traders and investors should actively follow market movements and seize any lucrative chances that may emerge.

The market cap increased by 3.40% to $6,764,331,720, indicating that there is rising interest in this asset and that now may be a good time to consider investing in it. Adding to this optimistic assumption, the 24-hour trading volume climbed by 23.55% to $604,875,977, showing greater trading activity and liquidity in the market, a strong indicator for investors intending to purchase or sell this asset.

Aave (AAVE)

Bulls have taken control of the Aave (AAVE) price, which has risen from an intra-day low of $72.05 to a 24-hour high of $74.72. As a result of the strengthening bull power, the positive dominance was still there at press time, with the AAVE price valued at $73.70, a 2.20% increase from its previous close. The current pricing trend shows that AAVE may continue to rise in the immediate run.

If the bullish strength continues to influence the AAVE market, the next resistance levels to monitor if $74.72 is breached maybe $76.50 and $80.00, respectively. If the bears gain control, the support levels to monitor are $70.00 and $68.00.

As the market capitalization increased by 2.19% to $1,038,248,840, the 24-hour trading volume increased by 11.56% to $61,323,887. This rise indicates increased interest in AAVE, which might draw additional investors and traders, leading to more price gains in the near run. Nonetheless, investors should take prudence and actively follow any market movements that may impact the price of AAVE.

Finally, if the bulls retain control, the LTC, DOGE, and AAVE prices may reach new highs if resistance does not cause the bulls to pull back.

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