Aave: Kraken Eyes 15% Stake at $385M Valuation
Aave at $87.3 as Kraken targets 15% stake in $385M valuation; 4h chart shows EMA support at $76.88 with MACD golden cross intact.
SourceAnalysis
Kraken targets a 15% stake in Aave at a $385M valuation.
AAVE trades at $87.3 inside its Bollinger band on the 4h chart. The EMA50 at $76.88 and EMA200 at $77.59 act as layered support while the MACD golden cross at 2.99 keeps the bullish structure intact. Price sits near upper-band resistance at $89.47 with RSI(14) at 65.94, pointing to a measured push higher before any retracement tests the 50-EMA confluence.
Traders now fold this funding signal into fresh AAVE price prediction scenarios amid broader DeFi flows.
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