Price Analysis of Aave (AAVE) and OMG Network (OMG)

Aave (AAVE) – 13.03% Price Uplift

In the past 24-hours, the Aave observers have witnessed substantial growth in the price of Aave. It is because the bulls have formed a strong rally in the past 24-hours to achieve this goal. The performance chart for Aave shows that before the bulls rallied, the price of Aave was at a low of $205.16 per AAVE.

The bulls kept trying to gain a higher ground against the bears but every time they tried that, the bears kept pushing back with strong selling power. As a result, the bulls were not able to push Aave to a higher price.

Finally, as the bears lost their steam, the bulls launched an attack against the bears, which caused the price of Aave to surge by 13.03%. At the time of writing, the price of Aave is worth $243.66 per AAVE and the bulls are showing a lot of strength compared to the bears.

This means that the investors have high sentiments to support the bullish run. At present, the RSI for AAVE is at 57.36, which is a strong indication of Aave’s upcoming growth.

As the sentiments keep growing stronger, Aave may continue growing to high prices. The data suggest that for now, the next high price for Aave is $276.46 per AAVE, and going forward, it would be $294.49 per AAVE.

OMG Network (OMG) – 5.35% Price Uplift

OMG Network is also moving in the upper zone, where the sentiments of the investors are mainly bullish. The bulls have been pouring money in favor of OMG Network, which has formed a 5.35% rally. Being one of the major cryptocurrencies and being in a bearish environment, a 5.35% rally is a positive sign for OMG Network.

At the time of writing, OMG Network is at $5.94 per OMG and with strong buying power, the bulls may push OMG Network to $6.25 per OMG. If the bears do not resist, it would mean they have run out of resources to launch a stronger selling spree.

Therefore, the bulls may continue with their selling buying activities to push OMG Network to a high of $6.59 per OMG.

Once OMG hits the $6.59 target, the competition may intensify between the buyers and the sellers. The bears may try and push the price of OMG lower with their selling attempt. If the power of the bulls is stronger and they continue buying the dips, then the price of OMG Network may grow up to a high value.

For now, the price analysis carried out on OMG Network shows that in the upcoming days, the price of Solana may surge to $6.88 per OMG.

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