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AAVE Rockets 24% in Wild Rally—Smashing Through Critical Resistance Like a Bull in a China Shop

AAVE Rockets 24% in Wild Rally—Smashing Through Critical Resistance Like a Bull in a China Shop

Author:
CoindeskEN
Published:
2025-05-20 09:11:39
9
2

AAVE Surges 24% in Explosive Rally, Breaking Key Resistance Levels

DeFi’s sleeping giant wakes up swinging. AAVE just punched through key technical barriers with a 24% surge—proving once again that crypto markets laugh at ’overbought’ signals while traditional traders scramble for their risk models.

Behind the breakout: Liquidity miners chasing yields, whispers of protocol upgrades, and that classic crypto cocktail of FOMO and leverage. The move puts AAVE within striking distance of its 2024 highs—just as Wall Street starts another ’are tokens securities?’ debate. Timing is everything.

One hedge fund analyst (who asked not to be named) grumbled: ’We spent millions on quant models, and it still got wrecked by a meme coin and a DeFi token in the same week.’ The future of finance indeed.

|Square

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