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Is AAVE Price Overbought After 50% Rally? MVRV Ratio Offers Key Insights

source-logo  coingape.com 23 August 2024 20:15, UTC

AAVE price showed an insignificant growth of 0.1% during the U.S. market session on Friday. While the intraday trades are neutral, the short-term holders have acquired significant profit as AAVE coin bounced from $90 to $136— a 50% increase within two weeks. Will this recovery continue, or are buyers exhausted to drive further rally?

coingape.com