Aave (Aave) shows a renewal of strength on the market, up 15% in the last 24 hours and almost 40% in the last 30 days. Its market capitalization is now 4.6 billion dollars. This wave has developed aave among the leaders DEFI, supported by bullish technical indicators.
The Altcoin entered the territory on the point of Surbound and the CMF shows strong capital entrances. While Aave approaches key resistance areas, traders look closely for a break or reversal signs.
RSI hits an over -rascal area: what is the next step?
Aave’s relative force index (RSI) is currently at 75.83, having climbed suddenly from 44.51 two days ago. He has stayed above 70 since yesterday, firmly in “Surbough” territory.
This rapid increase reflects a strong dynamic of purchase and suggests an increased interest in the market for Aave.
This decision also follows a broader increase in the activity of DEFI tokens, aligning on an increase in the volume of negotiation and the action of prices in the sector.
The RSI is a technical indicator that measures the speed and extent of recent price changes to assess whether an asset is exaggerated or occurring.
An RSI above 70 generally signals that a token can be exaggerated, potentially due for a decline or a consolidation. At the same time, an RSI less than 30 indicates surveillance conditions which can lead to a rebound.
With Aave RSI at 75.83, traders can start to anticipate short -term resistance or cooling.
However, strong RSI readings during ascending trends can point out the force, which means that Aave could continue to push higher if the momentum remains intact.
Accumulation of signal of bruise entries
The flow of Silver Chaikin d’Aave (CMF) is currently 0.24, from -0.04 two days ago, although it decreased compared to a previous peak of 0.41 just hours ago.
This transfer to positive territory reflects a recent influx of purchase pressure and capital influx in Aave, despite the slight intra -day withdrawal.
The overall trend indicates the strengthening of demand, buyers intervene more aggressively than earlier in the week.
The CMF is a weighted indicator as a function of the volume which measures the silver flow in and outside an asset over a specific period. It generally varies from -1 to +1, where the values greater than 0 suggest a purchase pressure (accumulation) and less than 0 indicate a sale pressure (distribution).
With its CMF at 0.24, the data point to a sustained accumulation, although the drop of 0.41 indicates that some buyers can lock the profits or the momentum could cool slightly.
If CMF remains positive, Aave can continue to see the upward pressure of short -term prices.
Aave Ema reports an optimistic force – but look at these key levels
Aave’s EMA lines are currently showing a strong upward trend. The short-term averages are positioned well above those in the long term, and there is a notable gap between them, often a sign of sustained increase dynamics.
This configuration reflects a healthy trend structure and supports the possibility of an additional price assessment.
If Aave Price manages to unravel its current resistance at $ 317, the next target upwards could be levels higher than $ 340, while Momentum traders and buyers in small groups intervene.
However, a rejection to the resistance of $ 317 or a larger decline in the market could put the level of support for less than $ 282 at stake.
If this level fails, it could return to around $ 237, marking a significant reversal of the current levels.
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