📈 AAVE has soared from $121 to $265 since April 9, marking a massive 118% rally. The latest boost came after today’s launch of Aave v3 on Aptos — its first move onto a non-EVM chain.
🔗 Ecosystem upgrades like Chainlink’s SVR expansion (from 3% to 27% TVL coverage) and $40.3B TVL are reinforcing AAVE's momentum. At press time, AAVE trades at $264.71 (+20% in 24h), with volume up 66% to $808M.
📊 Technicals Flash Overbought Signals
AAVE’s rally is now testing a major resistance zone at $285–$300. The RSI sits at 74.88, showing strong buyer strength — but also warning of a potential cooldown. MACD remains bullish but is showing signs of slowing momentum.
📉 The OBV has flattened and volume oscillator dropped, hinting that inflows may be slowing. Without fresh buying pressure, AAVE could pull back to $240 or $210 support.
🧠 On-Chain Metrics Remain Bullish
Over 80% of tokens are “in the money,” and 83% of active users are sitting on profits — reducing the risk of mass sell-offs. This suggests any dips could be short-lived unless market sentiment shifts.
🎯 Eyes are on the $300 mark — a breakout could open the path to $340–$360. Failure to clear it might lead to short-term consolidation.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
Top comments (0)