The AAVE price has witnessed strong buying pressure for a week and has jumped by 40%. Since April, the price has defended the $80 mark, and buyers have won the battle.
The AAVE price has shown a remarkable bullish trend recently, evident in the significant price and trading volume surge. It has displayed resilience by defending key support levels and has the potential for further upward movement.
Technical analysis suggests the possibility of a breakout and a potential surge towards the $200 mark shortly. However, monitoring the resistance level at $130 is important, as a breakout from this level could indicate strong buying momentum.
As always, conduct thorough research and exercise caution before making any investment decisions.
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