AAVE has been significantly stronger in recent days, with prices rising from US$ 137 to US$ 140 at one time, with an increase in the low rebound from the previous period. The market background was the return of funds to the head of the DeFi agreement, which was also underpinned by the growth of savings in the Aave agreement itself.

Money to the head, DeFi.

Some time ago, the DeFi plate was less mobile and AAVE was under pressure. Ave is one of the more performing projects in the recent changes in the situation, where part of the funds has been redirected to more liquid, more dynamic, mature agreements.

The article mentions that AAVE is growing faster than the wider encryption market. This means that what drives prices upwards is not just the overall market warming, but also the market's expectations for the recovery of Aave's borrowing, currency stabilization and related activities.

V4 Deposits continue to grow

Essentially, the expansion of Aave V4 is an important context for this re-evaluation. According to governance data, as at 19 August, Aave V4 deposits in five hubs totalled approximately $419.8 million, up from early August.

  • As at 19 August, V4 deposits were approximately $419.8 million
  • Earlier in the month, deposits had risen from approximately $346 million to $396 million.
  • Deposit distribution covers five hubs

AAVE Breaks 120 to 125 dollars

In terms of price structure, AAVE fell in the vicinity of $60 to $65 at once in June, then gradually stabilized and organized over several weeks between $95 and $115. As the amount of the trade has widened, the price has broken the pre-pressure zone of between $120 and $125.

The next area of current market interest is between $145 and $150. If the price continues in this area, AAVE may be further tested between US$ 160 and US$ 180. More than $200 to $210 is a long-term history-intensive area.

However, it is also mentioned that the dayline RSI has risen to 80 above, showing that short-line purchases are strong, and that prices may appear to be sorted out or back-stamped after fast up. For the current trend, whether 120 to 125 United States dollars can be converted to support remains the focus of follow-up observations.

If the zone is secured, the current breakout structure will be strengthened; if it falls again at $120, the price may look back at the 105 to $110 area.