AAVE Price Stakes Claim on New Rally with $108 Breakout Test

The AAVE price has been steadily rising since finding support at $60 in June 2026, and is now closing in on its 200-day EMA. This setup bears a resemblance to the one in late 2023, when AAVE broke above its 200-day EMA and rallied by approximately 650% before reaching $399.

The token's current structure shows it recovering from major support and moving towards the same long-term trend indicator. If AAVE can flip the $108 area and hold it, the technical picture could strengthen considerably.

Rising active addresses suggest user interest is increasing alongside the price recovery. This matters because a technical breakout backed by growing network activity is more convincing than one driven purely by speculation.