- Aave won more than 100% since April and broke $ 290, an important resistance that now functioned as support.
- The price is above the 200-day EMA, which suggests a constant bullish trend.
Despite the uncertainty of the market, a [AAVE] has consistently received a lot of attention from investors and traders because of the impressive performance.
The daily graph shows that the Altcoin has collected more than 100% since the end of April 2025 and analysts think that it is ready for an extra benefit of 40%.
This bullish speculation is based on the recent outbreak of Aave above resistance, a strong increase in whale party participation and remarkable exchange outings in the past 48 hours.
Whale activity Skyrockets!
Large transactionllations have exploded.
According to Intotheblock, transactions in the range of $ 100k – $ 1 million divided by 360.77%, while the cohort of $ 1 million – $ 10 million rose by 283.33%.
Source: Intotheblock
Such remarkable transactions are usually associated with whales or settings.
Moreover, this increase was observed after an outbreak above an important level, which probably contributed to the price rally and now indicates the constant bullishness for the asset.
$ 310 and climb … ..
At the time of the press, the Altcoin traded just above $ 310 and clocked a win of 7% in 24 hours. What is even more important has increased by 55%, which confirmed strong spot participation.
When the price increases take place in addition to peaks in trade volume, this often indicates real conviction instead of temporary hype.
An increase in volume with the price suggests strong market support and the confidence of the buyers, which indicates a potentially sustainable rally.
Technical analysis of ambcrypto suggested that Aave Bullish seemed, successfully broken from a strong resistance level at $ 290.
This outbreak followed a period of long -term consolidation, which itself is a bullish signal, and it indicates that the upcoming rally could be parabolic.
Source: TradingView
If the Altcoin retains its upward momentum and holds above the level of $ 290, the upward trend can continue. So there is a strong possibility that the Aave price could rise by more than 35%and reach the level of $ 416.
This outbreak, in combination with the assets trade above the exponential advancing average of 200 days, reinforces the case for continuation.
$ 5.63 million in an outflow
In the meantime, these bullish prospects are further strengthened by possible accumulation of investors and long -term holders, as reported by the uncleaning analysis company Coinglass.
Data from Spot -Inflow/outflow showed that exchanges registered an outflow of approximately $ 5.63 million in Aave -Tokens in the last 48 hours.
Source: Coinglass
Currently, such outflows indicate potential accumulation, creating the purchasing pressure and upward momentum. In general, it seems that the bulls push the price from aave to a new high.