Summary AAVE rebounds 3.6%, testing EMA resistance amid renewed buying 0 outflows of $1.8M indicate long-term holder 1 proposal and Stable Finance acquisition bolster fundamental 2 Ashutosh Sureka Aave (AAVE-USD) trades at $229.32, up 3.6% in the past 24 hours, outperforming the broader market as traders rotate into high-liquidity DeFi 3 market cap stands at $3.50B, with a fully diluted valuation of $3.67B and 24-hour trading volume at $274.8M. The daily range of $219.41–$234.35 reflects a rebound from oversold conditions, marking early strength after a multi-week 4 price is holding above $225 support, with resistance near $235 and $255, zones that previously acted as sell-side 5 picture AAVE’s price action shows tentative recovery signs with increasing volume near the 20 EMA ($224.42) and 50 EMA ($224.91).
The 100 EMA ($232.44) and 200 EMA ($247.31) remain higher, creating a layered resistance zone that defines the next test for bullish 6 at 55.95 shows improving strength without entering overbought levels, leaving room for short-term continuation if buying 7 price dynamics () Higher lows have formed near $220, confirming base-building behavior and renewed interest at discounted levels. A decisive breakout above $240 would confirm a trend reversal, potentially targeting $255–$260 in the next leg. However, failure to hold $225 could reintroduce short-term consolidation between $215–$220. Flows and derivatives positioning On-chain data from Coinglass shows net outflows of $1.8M on October 24, suggesting mild accumulation by long-term holders as exchange reserves 8 outflows during early price recovery phases often precede upward extensions, hinting at whale 9 cap and price have moved in tandem since mid-October, signaling organic spot demand rather than leveraged 10 improving structure, flow balance remains fragile, indicating traders are still quick to realize gains.
A sustained rise in positive netflows over the next few sessions will be crucial to validate this rebound’s 11 and sentiment backdrop The broader market remains cautious but 12 Fear & Greed Index stands at 36 (Fear), reflecting gradual sentiment recovery from extreme fear 13 dominance near 59% still limits altcoin momentum, but DeFi majors like Aave are showing relative strength as capital rotation begins within the sector. AAVE’s fundamentals underpin the improving 14 October 23 acquisition of Stable Finance expands its retail reach through simplified savings products, complementing its institutional strategy. Meanwhile, the upcoming V4 protocol upgrade aims to unify cross-chain liquidity and optimize capital efficiency, reinforcing Aave’s leadership in decentralized lending.
Additionally, the DAO’s proposed $50M buyback program signals strong governance conviction, reducing circulating supply over time if 15 participation through Maple Finance’s syrupUSDT integration adds further depth to its credit 16 outlook AAVE’s structure is improving but remains technically 17 bias stays bullish above $225, targeting $235–$255, with invalidation below $218. Sustained outflows and buyback execution could extend upside momentum, while a break above the 100 EMA would confirm a shift toward a stronger mid-term 18 earlier analysis, the $220 support zone was highlighted as pivotal for rebound validation, and current behavior aligns with that projection—holding this base is key to sustaining the ongoing 19 material may contain third-party opinions; none of the data and information on this webpage constitutes investment advice according to our 20 we adhere to strict Editorial Integrity , this post may contain references to products from our 21 Post
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