<strong>Key Technical Points</strong>
<ul>
 	<li>Aave is currently trading at $76.81</li>
 	<li>Aave is bullish</li>
 	<li>The RSI is currently at 55</li>
</ul>
<h2>Aave Past Performance</h2>
From June 6 to June 13, Aave has been on a downward trend as the bears were trying to take control of the market. The market started to turn around on June 14 as the bulls started to take back control.  Aave has been volatile over the past month as the market has been indecisive.

<img class="size-full wp-image-242929" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/07/AAVEUSDT_2022-07-13_11-42-00.png" alt="AAVE" width="849" height="518" />

<strong>Source:</strong><a href="https://www.tradingview.com/x/5SAoXsQ2/" target="_blank" rel="noopener"> Trading View</a>
<h2><span style="font-weight: normal">AAVE Technical Analysis</span></h2>
The market is currently in an upward trend as the bulls have taken control of the market. Aave is currently trading at $76.81 which is a 10.04% rise in the last 24 hours. <a href="https://www.cryptoknowmics.com/news/aave-technical-analysis-can-aave-buyers-exceed-the-50-day-average/">Aave</a> has traded as low as $67.72 and as high as $77.39 with a market capitalization of $1,231,817,421 and a trading volume of $380,640,364 in the last 24 hrs.

The RSI is currently at 55 hence this indicates that the market is currently in neutral territory. The RSI line is above the yellow line and seems to head towards the overbought region.

The MACD is also indicating that the market is in neutral territory. Furthermore, the MACD line is above the signal line. The MACD bars are short and green, which indicates that the market has bullish momentum.

The current support levels are $67.72 and $63.52 while the resistance levels are $77.39 and $80.54. The moving averages are also indicating that the market is in an upward trend as the 50-day moving average is above the 200-day moving average.

Out of the 26 technical indicators, 10 give a buy signal, 10 show a hold signal, and 6 sell signal. The Oscillators give 2 buy signals and 9 neutrals while the moving averages give 8 buy signals 1 neutral, and 6 sell signals.
<h2><span style="font-weight: normal">Upcoming performance</span></h2>
Aave is expected to have positive performance in the upcoming days. As the market is expected to trend upwards. The RSI and MACD are also indicating that the market has bullish momentum and is expected to continue its upward trend.

Investors are recommended to buy Aave at the current price and hold for the long term as the market is expected to trend upwards in the future.
<h2><span style="font-weight: normal">Conclusion</span></h2>
From AAVE technical analysis, it can be concluded that the market is currently in an upward trend but is expected to be volatile in the short term. Aave has strong support at $67.72 and $63.52 and the resistance levels are at $77.39 and $80.54.

It is recommended to buy Aave at the current price as the market is expected to trend upwards in the long term. The stop-loss should be placed at $67.72 and the target price should be $77.39.

AAVE Technical Analysis: Bulls Mark the Price $76.81

From AAVE technical analysis, it can be concluded that the market is currently in an upward trend but is expected to be volatile in the short term.

Dennis is a content writer with a deep understanding of the block chain domain and crypto currency field .He infuses cold data with flair to make technology and finances mind blowing .His reports both fastinate and awaken the readers

AAVE Technical Analysis: Bulls Mark the Price $76.81

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