Aave AAVE
Current Price
$116.06 -4.06%
$8.82 Daily Range (7.60%)
$113.12$121.94
$366.18M Daily Volume
5,145 BTC
Vol/MktCap: 20.81%
Market Performance
0.78% Relative BTC Volume
The total volume of Aave is $366.18M over the past 24 hours, compared to $46.91B total Bitcoin volume.
Hourly Moving Average
Price Performance
+0.65% 1 Hour Change
$116.06 from $115.31
+6.41% 7 Day Change
$7.45 from $108.61
-0.14% 14 Day Change
-$0.1640 from $116.22
-8.34% 30 Day Change
-$9.68 from $125.74
All Time High
May 18, 2021
$661.69 -82.61%
-$546.62 vs. now
24H Change
-77.09M USD -4.20%
-1,083 BTC
Volume and Supply
Total Supply: 16.00M AAVE 
15.18M AAVE AvailableRelative Supply Ratio
0.80 x BTC SupplyRelative Trade Volume
3.12M AAVE
traded over past 24 hours
Conversion Tool
Aave AI Market Analysis
The trading volume stands at approximately $357.69 million, translating to a volume-to-market cap ratio of 20.60%, which suggests healthy trading activity and liquidity. However, the hourly moving averages indicate downward pressure, with the 8 SMA at $115.29 showing a decrease of 0.88% and the longer-term 55 SMA at $120.37 down 5.07%.
Momentum indicators paint a mixed picture; the 1-hour RSI is extremely low at 15, indicating oversold conditions, while the 7-day RSI at 52 suggests neutral momentum. Over the past week, AAVE has gained 1.72%, but it has seen a decline of 2.45% over the last 14 days and 8.56% over the last 30 days, highlighting a bearish trend in the medium term.
AAVE's all-time high of $661.69 from May 2021 remains a significant psychological barrier. The current price is approximately 82.7% below this peak, reflecting the challenges faced in regaining investor confidence amid a broader market correction.
Considering the current technical indicators, the prevailing downtrend, and the significant distance from the all-time high, AAVE exhibits short-term oversold conditions that could trigger a bounce-back. However, the overall medium-term trend remains bearish, warranting caution.
Given these factors, the recommendation is to Hold AAVE. This stance is based on the potential for a short-term rebound while remaining aware of the longer-term bearish pressures. Investors should monitor key support levels around $113 and resistance around $120 for better entry or exit points.
Updated 408 minutes ago.
Aave Relative Price at Market Cap of:
Aave TradingView Chart
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