#AAVE Token price analysis
Aave is witnessing a tough battle between the bulls and the bears near the 20-day EMA ($329).
The upsloping 20-day EMA indicates that bulls have an edge, but the RSI near the midpoint suggests that the momentum is slowing. If the price plunges below the 20-day EMA, the AAVE/USDT pair could drop to $261.

If buyers want to retain the advantage, they will have to swiftly drive the price above $362. If they manage to do that, the pair could retest the overhead resistance at $400. Sellers are expected to mount a strong defense at $400, but if the bulls prevail, the pair may start the next leg of the uptrend toward $450.

The pair has formed a symmetrical triangle on the 4-hour chart, which usually acts as a continuation pattern. The flattish moving averages and the RSI just below the midpoint do not give a clear advantage either to the bulls or the bears.

If the price rises and stays above the moving averages, the pair may rise to the resistance line. A break and close above the triangle would increase the likelihood of the resumption of the uptrend.

Alternatively, the pair may drop to the support line if the price stays below the moving averages.