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AVAX rises 4.5% after Aave expands to Avalanche, but short-term trend remains uncertain.

Technical Signals
13 Aug 2026
AMBCrypto
View Source
Bullish
pluang ai news

AVAX's price increased by 4.5% to $6.51 following Aave's decision to expand its V4 protocol to the Avalanche network. Despite this boost, AVAX remains within a consolidation range of $5.8 to $6.8, where it has traded since June 2026. Technical indicators show mixed signals: the daily chart suggests weak buying pressure and no clear bullish trend, while the 4-hour chart indicates some short-term momentum. Investors should be cautiously optimistic as the recent price surge might be a short-lived spike rather than a sustained uptrend.

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