Trader Says ‘True Move’ Coming for One DeFi Altcoin, Turns Bullish on SUI and One AI-Focused Crypto Asset
A closely followed crypto strategist believes that one decentralized finance (DeFi) altcoin is gearing up for “explosive” rallies. Pseudonymous analyst Altcoin Sherpa tells his 215,400 followers on the social media platform X that the native token for lending platform Aave (AAVE) could soon spark another leg up after trading in a range for weeks. “AAVE’s true move coming again soon. I caught it [on September 8th] but am out (just as a scalp). I think a more explosive move is going to come though…lots of compression. Of course, we need BTC to play nice first but eyes on AAVE.” Source: Altcoin Sherpa/X AAVE is trading for $137 at time of writing, up more than 11% in the last 24 hours. Next up, the analyst says he is turning bullish on Solana (SOL) competitor Sui (SUI). He says that SUI may dip to the Fibonacci retracement level at $0.87, presenting a good entry point for bulls. “$0.87 would be a good entry for SUI.”...