Category: aave

Aave Technical Analysis: LEND Flashing Sell Signals, Downside Eyes $0.5

Aave is on the verge of a descending wedge breakdown, emphasizing the bearish grip. LEND/USD to seek support at the 50 EMA and the range between $0.50 and $0.45 if selling pressure mounts. Aave currently holds the third position in decentralized finance (DeFi) as far as the total value locked is concerned. Data by DeFi […]

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Chainlink [LINK] Pumps on Reverse Psychology? Over $50 Million in Shorts Liquidated

Chainlink [LINK] Pumps on Reverse Psychology? Over $50 Million in Shorts Liquidated

On 15th July, Zeus Capital LLC, published a research report titled, ‘The Chainlink Fraud Exposed.’ The allegations against SmartContract, the developer of the protocol includes illegal security offering, centralized governance and control, fake marketing, bogus partnership announcement and what not.  Logic would demand a steep fall in prices after such a revelation. However, after running […]

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