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Market Overview
The AAVE/ETH pair closed at 0.06232 ETH, marking a slight increase of 0.11% from the previous close but continuing a downtrend with a 30-day return of -0.72%. Price action remains below the 20-day SMA of 0.06260 and the 50-day and 200-day SMAs, indicating bearish momentum. The RSI is not provided explicitly but the trend and under-chart summary confirm weakening buying pressure. Key support is near 0.0620 ETH, with resistance around 0.0637 ETH. No significant upcoming events are noted, though monitoring Ethereum network activity and DeFi sector developments is relevant. Technical indicators suggest continued cautious trading within the current downtrend. For information only.
Last Updated 12/4/25

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.