Crypto analyst Michaël van de Poppe has provided a positive outlook on the Ethereum-based token AAVE, noting a new upward trend.
Key Signal in the Market
Van de Poppe highlighted that AAVE's breach of the $150 level is a significant signal. This event paves the way for reaching $250, placing AAVE among top DeFi projects.
Expectations for Clearpool and DIA
Additionally, Poppe discussed Clearpool (CPOOL) and DIA, noting that CPOOL is entering a new growth cycle while DIA moves into a bull market. His targets are set at $0.35 for CPOOL and $1.20 for DIA.
Current Prices and Investment Strategies
Currently, AAVE is trading at $159, while CPOOL is at $0.167. Van de Poppe predicts that CPOOL will reach peak levels in the coming months, and DIA will surpass $1.20. He suggests utilizing market dips for investment opportunities and underscores the importance of diversifying portfolios with DeFi projects. He advises investors to conduct personal research due to market volatility.
According to Van de Poppe's analysis, AAVE and other DeFi tokens may be at the start of a new trend. Achieving the $250 target for AAVE relies on market conditions, and investors should closely monitor trends for strategy adjustments.