$AAVE $AAVE

AAVE’s daily chart has recently shown a strong upward trend, and many analysts are excited about its potential. AAVE recently surged past the $150 mark and appears to be establishing a new support level between $110 and $120. This move has brought optimism that $AAVE could continue upward, with targets set around $250 if momentum holds and the broader decentralized finance (DeFi) market remains positive. Many traders are viewing this as a potential breakout, especially with AAVE’s technical indicators leaning bullish over both daily and weekly timeframes.

Analysts are also eyeing other altcoins, suggesting that the recent momentum could lead to a ripple effect throughout the altcoin market. With DeFi and other Ethereum-based platforms gaining traction, there’s anticipation that a broader altcoin rally may follow AAVE's recent gains. This makes it a key asset to watch as the market tests resistance levels.

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