On October 18, 2022, the ANKR cryptocurrency is trying to break the trend line for the second time, which indicates an annual downtrend.
A previous attempt by ANKR buyers to break through the red trendline failed in August 2022, and the price subsequently dropped another -60%:
Now it is too late to go long on the ANKR cryptocurrency, now it is better to observe the behavior of the price.
If ANKR buyers manage to keep the price above the red trendline and above the $0.03-0.032 liquid zone, then a confident long in the $0.06 area
If the sellers push the price below $0.03 again, then it will not be a problem to fall even lower -30-40%, at least to $0.024.
Cryptocurrency AAVE forecast
In recent days, the AAVE cryptocurrency has started to behave quite well.
The price of AAVE reacts to the correction of bitcoin with a slight correction or growth. Well, the result of such strength and confidence of buyers is that now the cryptocurrency AAVE is +80% higher than it was at the minimum in June 2022.
The chart shows a “bullish flag” pattern, which usually serves as a continuation of the growth trend.
So, to confirm their strength and willingness to push the price of AAVE higher in the near future, buyers should not allow it to fall below $77 already
The medium-term growth target of AAVE price is up to $115-130
AAVE’s long-term price growth target is $250-300
