AAVE analysis : from Tokenomics to Technical analysis
2024-07-31

AAVE projet is on of the strongest projects in crypto space. 

The whales present in this project count for 70% and the majority of them holds their wallets at least 2 years from now.

The analysis of the supply demonstrates that during the accumulation phase  3% of the total supply have been added to the market without any major impact on the price , that means that the whales have intention of accumulating this token.

The anchored volume profil also demonstrates that we are near the value zone. 

From my technical analysis I expect a first target of $400. Then we will begin to see the first distribution movement of the whales.