AAVE Price Surge and Market Analysis

• AAVE gained over 100% since April, now breaking $290, acting as support.
• The price is above the 200-day EMA, signaling a continued bullish trend.

Despite market uncertainty, Aave (AAVE) continues to attract significant attention from investors and traders due to its remarkable performance.

The daily chart shows that AAVE has rallied over 100% since late April 2025, with analysts predicting a potential additional 40% upside.

This bullish outlook stems from AAVE’s recent breakout above key resistance, increased whale activities, and notable exchange outflows in the past 48 hours.

Whale Activity Skyrockets!

Large transaction counts have surged. According to IntoTheBlock, transactions in the $100K–$1M range increased by 360.77%, while the $1M–$10M transactions rose by 283.33%. These significant transactions are generally linked to whales or institutional players.

The surge coincided with a breakout above a crucial level, likely facilitating the ongoing price rally and indicating sustained bullish behavior.

$310 and Climbing…

At press time, the altcoin was trading just above $310, achieving a 7% gain in 24 hours. Notably, trading volume surged by 55%, confirming strong spot participation.

Such price increases with elevated trading volume often suggest genuine market conviction rather than fleeting hype. A volume rise accompanying price growth indicates strong market support and buyer confidence, hinting at a potentially sustainable rally.

Technical analysis from AMBCrypto indicates that AAVE appears bullish, having broken out of a robust resistance level at $290. This breakout followed an extended consolidation period, itself a bullish signal, suggesting a forthcoming parabolic rally.

If AAVE maintains its upward momentum and sustains above the $290 level, the trend could continue, presenting a real chance for AAVE’s price to surge by over 35%, potentially reaching $416.

This breakout, combined with trading above the 200-day Exponential Moving Average, reinforces the case for continued bullish activity.

$5.63 Million Worth of AAVE Outflow

Additionally, this optimistic outlook is bolstered by substantial accumulation from investors and long-term holders, as analyzed by CoinGlass. Data from Spot Inflows/Outflows indicates that exchanges recorded outflows of approximately $5.63 million worth of AAVE tokens over the past 48 hours.

Such outflows suggest potential accumulation, generating buying pressure and upward momentum. Overall, it appears that bullish forces are propelling AAVE’s price toward new highs.