AAVE's explosive rally broke through multiple resistance levels with increasing trading volume, particularly during the late-night hours when it surpassed the $250 psychological barrier.The cryptocurrency has established support around $240 while consolidating above $263, suggesting potential for further upward movement as institutional interest grows amid broader market developments. This performance comes as Bitcoin approaches new all-time highs and public companies continue increasing their cryptocurrency holdings, with firms like Strategy Corp planning to raise $84 billion for Bitcoin purchases.Technical Analysis HighlightsClear uptrend formation with higher lows and higher highs, breaking through multiple resistance levels with increasing volume, according to CoinDesk Research's technical analysis data model
source: https://www.coindesk.com/markets/2025/05/20/aave-surges-24-in-explosive-rally-breaking-key-resistance-levels