The cryptocurrency AAVE has been performing well, with a 17% increase in the past week and its market cap approaching $3 billion. The total value locked (TVL) in the Aave network is also nearing an all-time high, which could potentially push the price of AAVE above $200 and set a new 52-week high. The price has recently broken out of a falling wedge pattern and is currently trading at $191.83, above a previous resistance trendline. Technical indicators suggest bullish momentum, and if the price continues to rise, it could reach resistance levels at $196.49 and $208. A divergence is noted between AAVE's market price and its TVL, suggesting the potential for a surge in bullish momentum if the TVL continues to increase. However, if the bullish rally fails, AAVE could fall to around $179.



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