AAVE: Bull Market Curl Signals 40-60% Upside

AAVE price action reflects the slow exit from a four-year bear market, according to trader Michaël van de Poppe, who highlighted the chart's curl and projected another 40-60% advance before any stall.

Aave's v4 Hub & Spoke liquidity model has delivered the first major protocol upgrades since the post-2022 recovery, aligning with renewed onchain lending demand.

Price holds at $179.98 inside the Bollinger Bands with the upper resistance at $187.21 and lower support at $150.79. The EMA50 at $161.16 and EMA200 at $139.93 anchor the bullish structure while the MACD golden cross at 6.84 confirms trend strength and RSI at 67.29 leaves room before overbought conditions. A healthy pullback to the 50-EMA support remains probable before continuation higher.