Aave (AAVE) regains bullish momentum, trading above $220 on Wednesday, as the broader cryptocurrency market generally declines. Attempts to breach the hurdle at $236 have not materialized following Friday’s sell-off to $200 and the October 10 flash crash to $80.
Aave (AAVE) price trade below $260 at the time of writing on Tuesday as the token faces weakness around its key resistance zone.
Aave (AAVE) price trades in green, above $290 at the time of writing on Friday, after gaining nearly 6% so far this week. The bullish outlook is further strengthened as the Total Value Locked (TVL) reaches a record high of over $44 billion, indicating growing investor interest.