Aave (AAVE) Bullish Outlook Strengthens as TD Sequential Hints at $310 Rally
- Aave Labs acquires GetStable, a leading platform simplifying stablecoin management and on-chain finance.
- Analysts identify a TD Sequential buy signal on AAVE, suggesting a potential rally toward the $310 mark.
- 83% of community votes are bullish on AAVE, reflecting strong positive sentiment.
Aave (AAVE) is exhibiting an upward momentum, signaling renewed investor confidence and positive sentiment in the market. Over the past 24 hours, AAVE’s value has surged by nearly 1.68%, showcasing short-term strength. However, over the last week, the token still reflects a 5.62% decline.
At the time of writing, AAVE is trading at $225.37, accompanied by a 24-hour trading volume of $362.24 million, which represents a 21.3% decrease compared to the previous day. Despite this drop in volume, Aave maintains a market capitalization of $3.43 billion.
Source: CoinMarketCap
Aave Labs Acquires GetStable to Advance On-Chain Finance
The data from Aave revealed that Aave Labs has announced the acquisition of GetStable, a platform focused on simplifying stablecoin management and expanding access to on-chain finance. The move marks a key step in Aave’s mission to make decentralized finance more practical and accessible for everyday users.
According to Aave Labs, the future of finance is on-chain, reaffirming its vision to bring blockchain-based finance into daily use. The acquisition underscores its goal of merging traditional systems with decentralized innovation. With GetStable now part of its ecosystem, Aave Labs moves closer to a world where on-chain finance becomes everyday finance.
Also Read: Aave (AAVE) Rebounds with $6B Plasma Deposits: Can Bulls Push Toward $330?
TD Sequential Indicates AAVE Recovery With $310 in Sight
Moreover, the crypto analyst, Ali, revealed that after reaching its peak around $360, AAVE has been moving further downwards, making lower highs and lower lows. The presence of a few strong bear candles indicate increased selling, which caused a breach below a crucial level of $230, but a small correction was seen later.
Source: X
Now, TD Sequential shows a buy condition for AAVE. This technical projection comes after a strong downtrend, indicating that perhaps the bears’ pace may slow. On a successful breakout, the next bullish target will lie in the region of $310. Analyst attention is now focused on whether AAVE will remain beneath the crucial level of $210.
AAVE Community Turns Bullish with 83% Positive Votes
According to the data from CoinMarketCap, the community sentiment indicates that there is a high level of positive sentiment, with 83% of voters being bullish about the asset. This indicates that most of the voters are optimistic about a positive move in its price or performance.
Source: CoinMarketCap
On the flip side, 17% of voters are bearish, which shows that a lower percentage may predict a downfall. In spite of that, overall sentiment remains positively aligned. With a total of 54K votes, this information provides a reasonable estimation about market expectations for a positive move.
Also Read: Aave Price Prediction 2025: Can it Skyrocket to $500 and Beyond?
