$AAVE breakout might be around the corner, but the lack of trading volume is a problem
In the last 24 hours, AAVE has shown a slightly better performance than the other part of the cryptocurrency market. Unfortunately, there have been no fundamental factors that would suggest that AAVE has an upper hand against other assets, which is why the movement we are seeing right now is purely speculative.
On Nov. 14, AAVE hit the local bottom at $53.5 and bounced off of it successfully for the second time this year. The first major resistance level for the token would be at the 21-day moving average at approximately $67. At press time, AAVE is trading at $60 with a 2.2% price increase in the last 24 hours.
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