AAVE Surges Past $180 Amid Strong Momentum and Bullish Predictions
AAVE has surged past $180 in price, and analysts see room for further growth. The token's rebound from mid-September lows has pushed its price above $140, $150, $160, and $170 as buyers continue to push the market higher.
Michael van de Poppe notes that AAVE still has 40% to 60% potential before the move stalls. He attributes this growth to new developments in technological advancements that have emerged from a bear market lasting more than four years.
The four-hour chart shows strong momentum, with an RSI reading of 70.09 and MACD line at 6.47, above its signal line. The combination of these indicators points to short-term consolidation or profit-taking as the token trades near recent highs.