Since topping out at $18,476 on Nov. 17, Bitcoin price has been flirting with the $18,000 level as bulls fight to flip the level to support and chase after the all-time high at $19,789.
While this battle takes place and the bulk of crypto and mainstream finance outlets focus on Bitcoin price, a number of less-loved crypto assets are producing generous returns for investors.
DeFi Assets Index. Source: Messari
As shown by Messari’s DeFi assets index, many of the top tokens are providing hefty double-digit gains.
Within the last 7 days, AAVE ricocheted off its double bottom to rally 214% and currently trades slightly above $80.
Day traders are likely playing the support / resistance checks within the ascending channel pattern. At the time of writing, AAVE’s trading volume, MACD and RSI still reflect a healthy amount of interest from bulls.
AAVE/USDT. Source: TradingView
Even Curve finance’s CRV governance token, one which many crypto investors have described as a