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Aave Gains 2.45% as Snapshot Puts Four Averages Above Price

AAVE was above its seven-day and 200-day averages, while its 14-period RSI registered 42.24, a neutral reading.

Updated 1 min read
An unbranded blue token sits between horizontal price bands in an editorial market graphic / EconoTimes.ai
An unbranded blue token sits between horizontal price bands in an editorial market graphic / EconoTimes.ai

Aave (AAVE) rose 2.45% to $130.74 as of 7:13 a.m. ET (12:13 UTC) Wednesday, CoinGecko and exchange data showed, while a technical snapshot put it above two averages and below four.

A separate snapshot at 7:04 a.m. ET (12:04 UTC) listed AAVE at $131.92, up 4.02% over its own 24-hour period. The figures cover separate time windows.

The seven-day simple average was $128.95 and the 200-day average was $108.50, both below the current price. The shorter benchmarks stood higher: the 20-day and 50-day simple averages were $139.49 and $150.53, while the 12-day and 26-day exponential averages were $133.73 and $140.69. RSI over 14 periods registered 42.24, a neutral reading in the snapshot.

The $129.22 pivot sat between support levels of $125.98 and $120.04 and resistance levels of $135.16 and $138.40.

On Binance Futures, open interest rose 2.40% in 24 hours to 436,279.10 contracts. The venue's eight-hour funding rate stood at 0.0100%, a neutral reading.

At 3 a.m. ET Nov. 4 (08:00 UTC), Binance global account data showed 55.7% long and 44.3% short; the figures apply to that exchange.

An Oct. 19 AAVE moving-average snapshot showed the price below its seven-day and 20-day averages but above the 50-day measure.

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