AAVE, PEPE, and UNI Are Tokens to Keep an Eye On, Here’s Why
Release: 2023/11/11 01:31 Reading: 923
- AAVE may retest $100 if the shorter period Moving Average (MA) continues to outpace the longer term MA.
- PEPE may hold strongly to $0.000001 but it could soon be overbought.
- UNI’s potential to reach $6 remains very valid based on the AO and MACD.
The trio of Aave (AAVE), Pepe (PEPE), and Uniswap (UNI) were part of the top cryptocurrencies bought on exchanges on November 9. This data was disclosed by hitesh.eth, a crypto research specialist on X (formerly Twitter).
According to hitesh.eth, PEPE had a net flow of $4.74 million. AAVE has $3.2 million while UNI has $2.64 million. The CEX netflow measures the difference between exchange inflow and outflow.
A positive netflow means there is more accumulation than sell-offs while a negative value of the metric implies that tokens are being dumped than they are bought. In the case, of AAVE, PEPE, and UNI, the analyst noted that it was more of an accumulation.
The post AAVE, PEPE, and UNI Are Tokens to Keep an Eye On, Here’s Why appeared first on Coin Edition.
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