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AAVE’s Price Soars by More Than 10%, Flips 2 Resistance Levels

Published 07/15/2022, 03:50 AM
Updated 07/15/2022, 04:00 AM
© Reuters.  AAVE’s Price Soars by More Than 10%, Flips 2 Resistance Levels
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  • The price of AAVE has increased 13.88% over the past day as the crypto market received an injection of investor money.
  • AAVE’s price has also strengthened against Bitcoin (BTC) and Ethereum (ETH).
  • AAVE’s rally may be coming to an end as it tops out at its current level.

Aave (AAVE) saw its price rally over the last 24 hours as the crypto market got a resurgence of life over the past day.

According to CoinMarketCap, the price of AAVE has increased 13.88% over the past day as the crypto market received an injection of investor money. This has pushed AAVE’s already positive weekly performance to 28.70% at the time of writing. Its price currently stands at $91.82.

AAVE is now ranked number 40 on CoinMarketCap’s list of the biggest crypto projects by market cap, and as a result of its recent price increase, AAVE’s total market cap is at $1.27 billion.

AAVE’s price has also strengthened against

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