AAVE Price Rebounds, Potential Overbought
This is a U.S. news story, published by CoinGape, that relates primarily to MVRV news.
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AAVE Price OverboughtCoinGape
•Is AAVE Price Overbought After 50% Rally? MVRV Ratio Offers Key Insights
71% Informative
AAVE price showed an insignificant growth of 0.1% during the U.S. market session on Friday .
AAVE coin bounced from $90 to $136 — a 50% increase within two weeks .
The recent recovery, coupled with a high MVRV ratio of 21.75% , signals potential overbought conditions.
Whale accumulation hints that a broader trend for AAVE remains bullish.
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