Kraken: Eyes 15% Aave Stake at $385M

Kraken targets a 15% stake in Aave valued at $385M while AAVE trades at $87.3.

Price holds above EMA50 support at $76.88 and EMA200 at $77.59 inside Bollinger bands with upper resistance at $89.47. MACD registers a bullish golden cross at 2.99 while RSI sits neutral at 65.94, pointing to continuation toward band resistance before any pullback. Traders scanning AAVE price prediction models note this confluence supports further upside absent a crypto market crash trigger. Aave price action also ties into broader DeFi flows alongside tokens like TAO and RAVE.