AAVE Maintains Position Above $90 as Protocol Deposits Increase, Yet Retail Demand Diminishes
Key Insights: AAVE remains above its 50-day Exponential Moving Average (EMA) at $90.80, continuing its short-term recovery. Deposits in Aave V3 on Monad have surged by over $500 million in the past month, while Aave V4 deposits have reached an all-time high exceeding $350 million. On Tuesday, Aave (AAVE) is extending its modest recovery, trading above the 50-day EMA.
Key Insights: AAVE remains above its 50-day Exponential Moving Average (EMA) at $90.80, continuing its short-term recovery. Deposits in Aave V3 on Monad have surged by over $500 million in the past month, while Aave V4 deposits have reached an all-time high exceeding $350 million. On Tuesday, Aave (AAVE) is extending its modest recovery, trading above the 50-day EMA.
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