AAVE: Flips 21-Day and 50-Day MA for Support

AAVE flipped its 21-Day and 50-Day moving averages into support for the first time in a year, according to trader @CryptoMichNL, setting the stage for sustained strength and a push above $100.

Price sits at $101.32 inside the Bollinger Bands with upper resistance at $103.11 and lower support at $91.73. The structure remains bullish as price holds above EMA50 at $94.47 and EMA200 at $85.69, while MACD registers a golden cross at 1.0 and RSI at 65.14 shows room before overbought conditions. This confluence points to continuation once the upper band breaks, aligning with the broader AAVE price prediction narrative in DeFi markets.