AAVE Price Surges to 7-Day High: Bulls Eye to Breach Resistance Level

• AAVE sees positive momentum and potential for upward movement.
• Traders should monitor the resistance levels and consider risk management measures.
• RSI and MACD indicators suggest a possible buying opportunity for AAVE.

Aave (AAVE) prices have surged to a 7-day high of $77.21 after sustained advances over the previous 24 hours. The bears’ attempt to sink the market was thwarted as the AAVE market found support at the day’s low of $71.17. The AAVE price rose by 4.70% to $75.77 over the last 24 hours, at the time of writing.

Due to strong market demand for AAVE tokens and favorable investor sentiment regarding the project’s future development potential, market capitalization grew to $1,068,096,481, and 24-hour trading volume increased to $86,704,702.

If the bullish trend continues, AAVE might soon break beyond the $77.21 barrier, with the next resistance levels likely between $80 and $85. But, if bearish pressure continues, the crucial support levels to watch are $70 and $65.

In the AAVE price chart, the ATR value of 2.087816 suggests that the AAVE price has lately been volatile. This movement may impl…

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