The cryptocurrency market is experiencing fluctuations, with key players like Ethereum and Aave showing different results and prospects.
AAVE: Trends and Forecasts
Aave’s (AAVE) price outlook has turned more bearish after slipping beneath a significant ascending trendline. Current data indicates a rise in short interest to a monthly high, and indicators like the RSI remain below 50. Should AAVE fall below $242, a decline towards $225 is possible.
Ethereum: Growth Potential towards $4000
Ethereum (ETH) has reclaimed the $3600 level, opening the door for talk about its next key resistance at $4000. However, analyst Benjamin Cowen is expecting a dip through September before a potential significant upward push. Projections suggest ETH could reach $5300–$7500 by late 2025.
BlockDAG: New Trading Interface Pre-Listing
BlockDAG is rolling out a new interface, Dashboard V4, which allows users to trade before the coin hits exchanges. This interface offers live trading opportunities and real-time price updates. To date, BlockDAG has raised $364 million and sold over 24.7 billion coins.
With current trends, Ethereum and Aave are on divergent paths, while BlockDAG showcases its innovations by already providing trading tools to users.
