AAVE Surges 24% Breaking Key Resistance Levels Above $250
AAVE has shown significant upward momentum, breaking through resistance levels, notably surpassing the $250 mark with increased trading volume. Key points include:
- Support established around $240; consolidation above $263 indicated.
- Institutional interest grows as Bitcoin nears new all-time highs and companies increase crypto holdings.
- Technical analysis reveals a clear uptrend with higher lows and highs.
- Peak trading volume of 232,392 units occurred between 23:00-02:00 as AAVE crossed $250.
- Immediate resistance at $267.656 after recent volatility and consolidation behavior.
- A potential challenge to this resistance level could follow the establishment of a base above $263.