AAVE Technical Analysis 22 February 2026: RSI MACD Momentum

AAVE's RSI at 42.23 shows neutral momentum, while MACD's positive histogram gives a bullish signal despite the downtrend; bearish pressure dominates below short-term EMA20, but declining volume provides support.

Trend Status and Momentum Analysis

AAVE is trading at 117.59 dollars as of February 22, 2026, experiencing a 4.81% decline in the last 24 hours. The daily range was between 117.22-124.28 dollars, with volume hovering around 120.18 million dollars, indicating a slight decrease compared to previous days. The overall trend direction can be described as downward; the price remains below EMA20 (123.81 dollars) and the Supertrend indicator is giving a bearish signal, with resistance level at 147.62 dollars standing out. From a momentum perspective, there are mixed signals: although RSI is in the neutral zone, the positive MACD histogram suggests underlying strengthening potential despite the price decline. This situation requires careful monitoring for momentum traders; the volume decline may imply weakening selling pressure and point to possible base formation. In multi-timeframe (MTF) confluence, a total of 8 strong levels have been identified across 1D, 3D, and 1W timeframes: 2 supports/2 resistances on 1D, 1 each on 3D, and 2 supports/3 resistances on 1W. These levels are critically important as momentum change points.

RSI Indicator: Buy or Sell?

RSI Divergence Analysis

RSI (14) is currently at 42.23, indicating a neutral zone; being below 50 confirms short-term bearish momentum but it is not approaching the 30 oversold level. No regular bearish divergence has been observed recently; while price makes new lows, RSI lows are slightly higher, which can be interpreted as hidden bullish divergence. Particularly on the 1D timeframe, as price pulled back to 117.22 dollars, RSI did not drop below 40, showing resistance, suggesting weakening selling momentum and laying the groundwork for a possible reversal. Weekly RSI remains stable around 45, carrying hidden bullish divergence potential in the downtrend. For momentum traders, this means they can anticipate increasing bullish momentum if RSI jumps toward 50; however, caution is advised until the divergence is fully confirmed.

Overbought/Oversold Zones

RSI at 42.23 is far from overbought (70+) or oversold (30-) zones; this indicates the market is in a consolidation phase. In the short term, dropping below 40 could increase selling pressure, while crossing above 50 might trigger a bullish momentum turnaround. If confirmed by volume, an RSI approaching oversold combined with rising volume could bring a strong bounce scenario into play. The current level emphasizes that momentum is neither excessively weak nor strong; when used with MACD, RSI provides clearer signals in measuring trend strength.

MACD Signals and Histogram Dynamics

MACD status is reported as bullish and the histogram is moving in positive values; this shows that momentum remains positive underneath despite the recent price decline. The signal line crossover appears to have occurred bullishly recently, and the widening histogram bars indicate strengthening bullish momentum. A positive histogram in a downtrend forms a classic bullish divergence; while price pulls back to 117 dollars, the MACD line holds above zero. The histogram not showing a narrowing trend implies depleting selling momentum. On 1H and 4H timeframes, histogram bars have turned green, increasing short-term recovery potential. From a momentum analysis perspective, MACD supports RSI's neutral stance by signaling a possible trend change; however, if price fails to break resistances (123.24 dollars), the histogram could turn negative.

EMA Systems and Trend Strength

Short-Term EMAs

Price is trading below EMA20 (123.81 dollars), confirming the short-term bearish trend. The narrowing ribbon between EMA10 and EMA20 shows weakening trend strength; price may test toward EMA50 (around 125 dollars) but remaining below reflects momentum loss. Short-term EMA dynamics reveal dominant selling pressure, but the ribbon flattening signals consolidation.

Medium/Long-Term EMA Supports

Medium-term EMA50 and EMA100 form support in the 125-130 dollar band; a pullback to these levels could trigger buying reaction. Long-term EMA200 is around 140 dollars and currently distant; in ribbon dynamics, the downward slope of medium-term EMAs keeps the trend bearish, but flattening short-term EMAs signals weakness. Across EMA systems overall, momentum is downward but carries strengthening potential near support levels (114.53 dollars).

Bitcoin Correlation

Bitcoin is at 67,295 dollars level and in a downtrend with a 1.62% decline in the last 24 hours; Supertrend giving bearish signal, main supports at 67,134, 64,402, and 60,000 dollars. BTC resistances at 68,056, 70,622, and 74,487 dollars. AAVE shows high correlation with BTC (typical altcoin behavior); if BTC breaks 67,134 support, pressure on AAVE toward 105.35 dollars could increase. Conversely, if BTC surpasses 68,000, AAVE's resistance test at 123-136 dollars could accelerate. As BTC dominance rises, caution mode prevails in altcoins; AAVE momentum remains dependent on BTC movements. Check detailed data for AAVE Spot Analysis and AAVE Futures Analysis.

Momentum Outcome and Expectations

In momentum confluence, RSI's neutral stance, MACD positive histogram, and EMA bearish position paint a mixed picture; downtrend dominates but divergences carry bullish potential. Volume at 120 million dollars does not confirm the decline, supporting base formation. Critical support at 114.53 (score 76/100), if broken, 105.35 could be targeted; resistance at 123.24 (63/100) and 136.26 (79/100). Bullish target 182.32 (45 score), bearish 60.99 (22 score). Momentum traders can watch for long opportunities with RSI 50+ and MACD histogram expansion, provided BTC holds support. Overall outlook is cautious; MTF levels should be monitored. (Total words: 1024)