Aave Struggles with Resistance at $100

Aave continues to face resistance at $100, failing for the second time this month. According to eToro's chart analysis, support has emerged near $90 and the 50-day moving average.

The cryptocurrency recently made a run toward the coveted price point but was unable to break through the resistance level.

Aave's inability to surpass $100 may signal bearish momentum, while bulls remain hopeful for another test of resistance and an eventual break above the 200-day moving average.