The AAVE price attempted to break through the $167 resistance level but experienced a correction. However, the launch of Grayscale's AAVE Trust has generated optimism for the token's future price movement. Activity from large AAVE holders indicates growing confidence in the altcoin's recovery, and historical data suggests that accumulation by this cohort often precedes upward price movement. Technical indicators and Grayscale's involvement suggest favorable conditions for a potential rally. AAVE is currently trading at $150 and is aiming to breach the $153 resistance level before targeting $167, with the potential for a 33% increase to $200. However, failure to surpass $153 could lead to a decline and delay potential profits.



Other News from Today