price update and future scenarios
The post price update and future scenarios appeared on BitcoinEthereumNews.com.
The AAVE token is currently trading at 168.67 USD, recording a daily increase of 1.06%. Despite a drop in trading volume over the last 24 hours, investor sentiment remains optimistic: 84% of the community declares themselves bullish. The interest around the protocol is fueled by both its recent technical performance and its central role in decentralized finance. “`html Key Points on Aave “` Current price: $168.67, with a daily increase of 1%. Market cap: $2.54 billion, up by 1.27%. Volume 24h: $200.7 million, down by 20.29%. TVL (Total Value Locked): $19.89 billion, among the highest in DeFi. Positive sentiment: 84% of users are optimistic. Weekly performance: tested $179.39 as recent high. Aave: a key protocol for DeFi Aave is confirmed as one of the fundamental platforms in decentralized finance (DeFi), thanks to its lending system without intermediaries, based on smart contracts. With over $19.8 billion in TVL, the protocol ranks among the top in the sector. Among the strengths: Loans and deposits for dozens of assets. Multichain support (Ethereum, Arbitrum, Optimism, Polygon, and others). Upcoming expansion of the Protocol V4 with modular features and isolated loans. Technical analysis: key levels and recent dynamics The chart shows a positive movement, with a recovery from a low of 163 USD and a recently reached intraday high of 179.39 USD. Currently, the price is in a consolidation phase above 168 USD, near the 7-day moving average. Levels to monitor: Resistance: 171–172 USD (potential breakout). Support: 164–165 USD (defended multiple times). Recent RSI >80: possible overbought signal, followed by a brief correction. Bullish forecast: breakout of 180 USD? If the price were to exceed 172 USD with sustained volumes, AAVE could head towards 180 USD, with possible extensions up to 185–190 USD. Factors in favor of a bull scenario: Launch of the Protocol V4,…
