Aave Price Edges Higher on v4 Launch and Governance Overhaul

Aave (AAVE) has seen its price edge higher following the launch of v4 Stable Vaults and governance overhaul, which have boosted sentiment and increased deposit growth.

The asset's price currently sits at $96.62, above the weekly moving average-20 but still below both the MA-50 and MA-200. Over the last 7 days, AAVE rose by 6.46% to reach a short-term recovery phase.

Momentum signals remain bearish, with weekly indicators pointing to weak trend strength despite recent price gains. The asset is likely to stay range-bound between $87 and $106, with downside risk outweighing further price upside in the coming week.