#CreatorPad Altcoins to watch this week: AAVE, CRV, and ARB :-

Aave technical outlook suggests rally toward $400 as TVL hits record highs

Aave price found support around its 61.8% Fibonacci retracement level at $252.44 (drawn from the April 7 low of $114.05 to the July 18 high of $337.98) on August 3 and rallied nearly 30% in the next nine days until Tuesday.

This level roughly coincides with the ascending trendline (drawn by connecting multiple lows since early April), making it a key support zone. At the time of writing on Wednesday, it hovers around $321.

Curve DAO shows bullish technicals, rising Open Interest

Curve DAO price found support around its 50% price retracement level at $0.84 (drawn from the December 7 high of $1.33 to the March 11 low of $0.34) on August 3 and rose over 13% until Tuesday. At the time of writing on Wednesday, it trades above $1.03.

CRV could extend the rally toward its daily resistance at $1.09. A decisive close above this level would then shift the target to the December 7 high of $1.33.

Arbitrum’s technical outlook suggests 20% gains

Arbitum price rebounded after finding support around its ascending trendline (drawn by connecting multiple lows since mid-June) on August 3 and rallied 25% until Tuesday. At the time of writing on Wednesday, it approaches its daily resistance at $0.49.

If ARB breaks above its daily resistance at $0.49 on a daily basis, it could rally a further 20% toward its next daily resistance at $0.60.