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<p><a href="https://captainaltcoin.com/heres-why-aave-price-could-skyrocket-to-400/" target="_blank" rel="noopener noreferrer nofollow">AAVE’s price</a> has shot up lately, rising more than other DeFi tokens in the crypto market. Right now it’s trading at $366.56, which is a 32.02% jump from yesterday. More people are trading it too – volume is up 36.15%.&nbsp;</p>
<p>Two main things are driving this rise: the price finally broke out of a pattern it was stuck in for two years, and word is going around about some big token purchases.</p>
<h2 class="wp-block-heading" id="aave-technical-analysis">AAVE Technical Analysis</h2>
<p>The AAVE chart illustrates a decisive breakout from a two-year price range between $55 and $115. This breakout signals strong bullish momentum and has propelled the token into a clear uptrend. The price has steadily moved upwards, reaching levels not seen in years, with higher highs and higher lows confirming the trend.</p>
<p>Support zones around $75–$115 and $195–$225 have provided stability during the rally, while resistance levels at $260 and $450 now define <a href="https://captainaltcoin.com/aave-price-breaks-above-200-as-analyst-explains-whats-next/" target="_blank" rel="noopener noreferrer nofollow">AAVE’s price </a>potential range, as suggested by Daan Crypto Trades on X (formerly Twitter).&nbsp;</p>
<p>He noted that AAVE’s weekly candle is shaping up favorably, with the $260-$450 range expected to dominate price movements in the near term. A spike in trading volume during the breakout supports the momentum, while the current weekly candle reflects strong buying pressure.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="605" src="https://captainaltcoin.com/wp-content/uploads/2024/12/image-512-1024x605.png" alt="" class="wp-image-597612" srcset="https://captainaltcoin.com/wp-content/uploads/2024/12/image-512-1024x605.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-512-300x177.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-512-768x454.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-512-1536x908.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-512-2048x1211.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-512-254x150.png 254w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-512-100x59.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-512-592x350.png 592w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-512-788x465.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/12/image-512.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/DaanCrypto/status/1867124350941315184" target="_blank" rel="noopener noreferrer nofollow">X/DaanCryptoTrades</a></em></strong>
 </figcaption>
</figure>
<h2 class="wp-block-heading" id="institutional-interest-drives-momentum">Institutional Interest Drives Momentum</h2>
<p>Institutional interest has played a key role in AAVE’s recent price movement. According to a<a href="https://x.com/AltcoinDailyio/status/1867040558687858942" target="_blank" rel="noopener noreferrer nofollow"> tweet by Altcoin Daily,</a> Donald Trump’s World Liberty Financial reportedly swapped $5 million USDC for Ethereum, raising its total ETH holdings to $55 million.&nbsp;</p>
<p>The same wallet acquired $1 million each of AAVE and Chainlink (LINK), sparking speculation about future acquisitions. This development has drawn significant attention to AAVE, highlighting its appeal among high-profile investors.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="562" src="https://captainaltcoin.com/wp-content/uploads/2024/12/AAVE-22-1024x562.jpg" alt="" class="wp-image-597604" srcset="https://captainaltcoin.com/wp-content/uploads/2024/12/AAVE-22-1024x562.jpg 1024w, https://captainaltcoin.com/wp-content/uploads/2024/12/AAVE-22-300x165.jpg 300w, https://captainaltcoin.com/wp-content/uploads/2024/12/AAVE-22-768x421.jpg 768w, https://captainaltcoin.com/wp-content/uploads/2024/12/AAVE-22-1536x843.jpg 1536w, https://captainaltcoin.com/wp-content/uploads/2024/12/AAVE-22-2048x1123.jpg 2048w, https://captainaltcoin.com/wp-content/uploads/2024/12/AAVE-22-273x150.jpg 273w, https://captainaltcoin.com/wp-content/uploads/2024/12/AAVE-22-100x55.jpg 100w, https://captainaltcoin.com/wp-content/uploads/2024/12/AAVE-22-638x350.jpg 638w, https://captainaltcoin.com/wp-content/uploads/2024/12/AAVE-22-788x432.jpg 788w, https://captainaltcoin.com/wp-content/uploads/2024/12/AAVE-22.jpg 680w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: X/AltcoinDaily</em></strong>
 </figcaption>
</figure>
<h2 class="wp-block-heading" id="future-price-movements">Future Price Movements</h2>
<p>With AAVE’s price trading above $360, analysts are watching for the token to form a range between $260 and $450.&nbsp;</p>
<p>Resistance around $450 could be tested if the uptrend holds, while support around $260 may provide a safety net if the price retraces. AAVE’s performance, fueled by technical and fundamental factors, demonstrates its growing prominence in the DeFi sector.</p>
<p>The combined influence of market trends and high-profile acquisitions underscores <a href="https://coinmarketcap.com/currencies/aave/" target="_blank" rel="noopener noreferrer nofollow">AAVE’s price</a> rise, positioning it as a standout performer in the crypto space.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/can-hbar-skyrocket-to-5-by-2025-hedera-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Can HBAR Skyrocket to $5 by 2025? Hedera Price Prediction</a></em></strong></p>
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<p>The post <a href="https://captainaltcoin.com/why-is-aave-price-pumping-2/" rel="noopener noreferrer nofollow">Why Is AAVE Price Pumping?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why Is AAVE Price Pumping?

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