Trader Says DeFi Altcoin Aave Is Seeing Clear Trend Change, Updates Forecast for Two Low-Cap Coins

Widely followed crypto analyst Michaël van de Poppe says brighter skies await AAVE, the top lending platform’s native token on Ethereum (ETH).

According to Van de Poppe, AAVE is in the midst of a trend reversal after clearly breaking $150, which he believes opens the door to $250.

“This is a must-have in the portfolio as I think it will outperform once DeFi gains traction.”

Clear trend switch.

Staying above $110-$120 should result in a fresh upswing, with the target at $250.”

At the time of writing, AAVE is trading at $159.

The trader is also looking at decentralized lending marketplace Clearpool (CPOOL), a smaller project with a market cap of $114 million.

CPOOL is currently 93% off its all-time high of $2.55, and Van de Poppe sees around 2024 highs as an initial price target.

“Starting a new cycle.

The previous high was $0.35 and has since undergone a sharp correction.

I took liquidity and reversal, making LTF/HTF (low time frame/high time frame) dips the ones to buy.

The goal is: $0.35 in the coming months.”

At the time of writing, CPOOL is trading at $0.167.

Finally, Van de Poppe takes a look at the blockchain oracle platform DIA, which he believes is on a clear upward trajectory. According to the analyst, DIA bulls can expect a correction back to the $0.50 level or a clear breakout at $1.20.

“This one will try.

I’m looking for a deeper HTF fix (if it happens).

If a breakout occurs, then I plan LTF areas for a possible entry towards the next target.

A clear trend reversal.”

At the time of writing, DIA is trading at $1.14.

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Generated image: Midjourney