These 3 altcoins flash buy signals after October selloff: What’s next?

Three altcoins, Sui ( $SUI ), Aave ( $AAVE ), and Chainlink ( $LINK ), have flashed technical buy signals as cryptocurrency prices recover from their recent declines.

The signals appeared as all three cryptocurrencies attempted to recover from October’s selloff. SUI was trading near $0.92, while AAVE and LINK changed hands around $131 and $11, respectively, per market data.

Despite the recovery, their daily charts continued to show selling pressure, leaving analysts focused on the resistance levels that buyers must overcome.

SUI price targets $1.11 as altcoin flashes buy signal

Sui was trading at $0.92, up over 5% on its daily chart after recovering from a low of $0.86. The token remained below its 20-day Bollinger Bands middle line at $0.95.

With SUI already trading above $0.90 in the supplied snapshot, the next challenge lies near $0.95. A sustained move beyond that level would bring $1.00 and the upper Bollinger Band at $1.04 into view.

Meanwhile, the Relative Strength Index stood at 44.20, above its moving average of 40.13 but below the neutral 50 level. The reading suggested improving buying interest without confirming a bullish reversal.

Earlier, examined SUI’s correction when the token traded near $0.99 on October 20. At the time, analysts identified $1.05 as resistance and warned that daily momentum remained weak.

SUI has since moved lower, leaving the November recovery dependent on buyers defending the recent $0.8578 low.

AAVE price faces $146 resistance after TD Sequential buy signal

Aave recovered to approximately $131, gaining over 3% during the daily session after touching $123.

The daily chart offered a more cautious picture. AAVE remained below its 20-day moving average of $139 and 50-day average of $150.

The 100-day average at $130 provided nearby support, while the Aroon Oscillator stood at -64.29, indicating that bearish momentum continued.

AAVE would need to reclaim $139 before approaching $146 target. Losing $130 could instead bring $120 back into focus.

Separately, Aave recently adopted Chainlink’s pricing service for tokenized stock collateral on Horizon, allowing valuations during weekends and market holidays.

Chainlink price eyes $12.71 as LINK approaches key resistance

Chainlink traded around $11, recovering from a session low near $10.6 but remaining below its shorter-term moving averages.

The daily chart showed the nine-day moving average at $11.31 and the 21-day average at $11.70. LINK remained beneath both levels, with the shorter average below the longer one.

Its MACD reading was negative at -0.4125, against a signal line of -0.3913. The histogram stood at -0.0212, although shortening negative bars suggested that selling pressure was easing.

#SUI #AAVE #LINK