Crypto analyst Michaël van de Poppe has made a positive assessment of the AAVE token, which is based on Ethereum $3,044. He stated that AAVE has initiated a new upward trend by surpassing the $150 mark. Van de Poppe remains optimistic, setting a target of $250.
Key Signal in the Market
Van de Poppe emphasized that AAVE’s breach of the $150 level is a significant signal. According to him, surpassing this critical threshold opens the path for AAVE to reach $250. He highlighted that AAVE will stand out among DeFi projects and should be included in investment portfolios.
Expectations for Clearpool and DIA
Additionally, Poppe discussed Clearpool (CPOOL) and the blockchain oracle platform DIA. He noted that CPOOL has entered a new upward cycle and DIA has transitioned to a bull market. He set his targets at $0.35 for CPOOL and $1.20 for DIA.
Current Prices and Targets
Currently, AAVE is trading at $159, while CPOOL is at $0.167. The analyst predicts that CPOOL will reach peak levels in the coming months and DIA will clearly surpass $1.20.
Investment Strategies
Poppe advises that the dips formed in lower timeframes present investment opportunities. He also draws attention to DeFi projects, suggesting portfolios should be diversified accordingly. Cautioning investors about the volatility of the crypto market, he emphasizes the importance of conducting personal research to make informed decisions.
According to Van de Poppe’s analysis, AAVE and other DeFi tokens may be at the beginning of a new trend. The likelihood of achieving the $250 target for AAVE depends on market conditions. Investors should closely monitor these trends and adjust their strategies accordingly.