AAVE Price Breakout Signals $200 Rally
This is a U.S. news story, published by CoinGape, that relates primarily to EMA news.
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AAVE Price Entering Overbought TerritoryCoinGape
•Has AAVE Price Hit Overbought Levels After a 30% Weekly Surge?
66% Informative
AAVE price surged 9% during the U.S. trading session on Monday , climbing among the top gainers according to Coinmarketcap.
AAVE breakout from $ 153 resistance signals a potential rally of $ 200 next.
Overextension from the 20-and-50-day EMA and a 23% spike in the 30-day MVRV ratio signal a possible short-term pullback.
Whale wallets holding between 1 million to 10 million AAVE have been on a buying spree since early August 2024 , with their accumulation now reaching a total of $4.2 million .
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