AAVE Eye $230 as W Coin Near Breakout for Bull Market
Bitcoin (BTC) don hold steady for around $115,300 after e drop to $114,640, but altcoins still dey under pressure. Even though dem don drop small recently, di strong bull market belief still dey keep hope for recovery alive. Technical analysts dey talk two altcoins: AAVE and W Coin. AAVE price chart show 'M' pattern, target na $230 and e get important support level wey if e break, e fit make price go down faster. W Coin dey show bullish trend for many high timeframes and e dey close to breakout. The Portal Earn update add bridging, swapping, staking and earning features, this one boost im profile. Market events like high-stakes Russia-Putin meeting, US PPI data wey dey come and Fed Chair Powell talk dem add plenty uncertainty. But positive technical indicators like golden cross for Ethereum MACD mean say upside still dey possible. Traders suppose balance the bullish signals with macro risks when dem dey position for possible altcoin rally.
Bullish
Di article dey focus on beta bullish technical patterns and market tori wey favour altcoin upward movement. AAVE get 'M' shape and target of $230 wey mean clear price aim, while W Coin get multiple timeframe bullish setup and new Portal Earn features wey show e breakout potential. Plus, golden cross for Ethereum MACD confirm gidi altcoin strength. Even though macro wahala like Russia-Putin meetup, PPI data plus Fed talk dey cause small short-term uncertainty, history show say strong technical signs for bull market fit lead to steady rallies. Traders fit use these chance balance entry near support levels plus event-driven volatility.