AAVE, the cryptocurrency of Aave, showed resilience during Donald Trump's inauguration, gaining 9% and nearing a breakout of a bullish flag pattern. The coin has a market cap of $5.5 billion and a 24-hour trading volume of $1.5 billion. The AAVE OI-weighted funding rate spiked to 0.031%, indicating increasing investor interest. AAVE futures open interest has also increased by 27.7% in the past two weeks, suggesting a bullish sentiment. If buyers can turn the overhead trendline into support, the price could reach $470 or $530. However, if sellers defend the downsloping trendline, a correction phase may continue.



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