AAVE turns bullish, but traders are cautious – What’s next?

• AAVE exhibits bullish momentum with assist at $243.50 and resistance close to $260 amid stabilizing tendencies.
• Market exercise moderates as massive transactions decline, with sentiment break up between 137 bulls and 142 bears.

The crypto market is gearing up for a pivotal week with the discharge of CPI and PPI information, whereas Aave [AAVE] demonstrated promising efficiency. 

AAVE, priced at $250.83, gained 1.12% within the final 24 hours and 5.20% prior to now week.

Its circulating provide of 15 million tokens gave it a market capitalization of $3.71 billion, supported by a 24-hour buying and selling quantity of $366.86 million.

Bullish tendencies for AAVE

AAVE’s transferring averages indicated an optimistic pattern. The 9-period transferring common at $245.64 and the 21-period transferring common at $243.10 had been in a bullish crossover, with the worth trending above each ranges. 

This prompt short-term upward momentum, although resistance is anticipated round $252-$256. The following resistance stage stands at $260, whereas assist stays at $243.50-$245.00.

Supply: TradingView

The Relative Power Index (RSI) was at 52.95, signaling impartial momentum with a barely bullish bias.

This stage implied that AAVE was neither overbought nor oversold, leaving room for potential worth motion in both route. 

In the meantime, the MACD indicator additionally mirrored a light bullish sentiment, with the MACD line at 2.14 crossing above the sign line at -3.10, although it remained beneath the zero line.

OI declines amid optimistic quantity development

In accordance with Coinglass, AAVE’s Open Curiosity has dropped by 2.21%, reaching $213.97 million. This decline, a measure of energetic spinoff contracts, suggests a slight discount in market participation. 

Regardless of this, buying and selling quantity surged by 29.42%, reaching $499.94 million, indicating rising curiosity in spot markets.

Supply: Coinglass

Historic information revealed a surge in OI between October and December, peaking close to $500 million. Since then, a gradual decline has been noticed, aligning with AAVE’s worth stabilization between $214 and $271. 

This correlation means that market exercise is moderating as costs consolidate.

Cautious optimism

Information on massive transactions (≥$100,000) confirmed a lower in exercise, with 159 transactions prior to now 24 hours. 

The 7-day excessive was 1,070 transactions on the third of February, whereas the 7-day low occurred on the eighth of February, with 144 transactions. 

Supply: IntoTheBlock

This decline displays lowered high-value exercise since December, when AAVE’s worth was close to $385.

Learn Aave’s [AAVE] Worth Prediction 2025–2026

Sentiment evaluation signifies a cautious market. Over the previous week, 137 bulls and 142 bears had been recorded, displaying a slight bearish tilt. Traditionally, the sentiment has balanced, with no clear dominance from both facet. 

Supply: IntoTheBlock

These tendencies level to a market awaiting additional cues from financial information and worth developments.