AAVE traded in the green on Tuesday after a heavy crypto sell-off earlier this week, getting additional boost from its DeFi ecosystem
The technical analysis indicators for USD/CAD are displaying a bullish picture, with the long and short moving averages providing support at around $99.86 and $97.67, respectively. A golden cross, where the short-term moving average crosses above the long-term moving average, is typically seen as a strong bullish signal. Additionally, the RSI and MACD indicators are suggesting a potential for further upside in the pair's price. However, traders should be cautious of potential retracements, as indicated by the stochastics.
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