The price of Aave (AAVE) has more than doubled in a month, but its bullish momentum could be reaching a point of exhaustion.
Notably, AAVE has surged by over 103% after bottoming out locally at $45.60 on June 18, hitting almost $95.50 this July 15. Nevertheless, the token's sharp upside retracement move has brought its price closer to the level that triggered equally sharp pullbacks since early June.