$AAVE Price Prediction: Technical Analysis - Blockchain Reporters Analytics

Irma - Sep 16 - - Dev Community

Aave rebounded from the 50-day EMA at $140, signaling positive sentiment as traders buy on dips. The price, now at $141, is aiming to hold above $150, with buyers targeting resistance at $160. A breakout above $160 could push Aave toward $180 and $200, but a drop below the 20-day EMA might lead to a decline to $118.

Historically, Aave launched in 2020 at $52.68, reaching an all-time high of $666.86 in May 2021 before declining. In 2023, it fluctuated between $50 and $95, surging to $150 in September 2024.

Aave's 2024 price prediction ranges from $154.25 to $172.98, driven by DeFi's growing popularity. In 2025, with Bitcoin's halving, Aave's price could rise further, with a maximum forecast of $274.75.

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