AAVE price prediction 2024, 2025, and 2026 showcase uptrend will continue and AAVE crypto price will trade in three digits. Recently, Aave price broke out of the previous swing high hurdle at $80.00 which triggered the positive sentiment and fueled the rally.
Meanwhile, the buying volume also witnessed a massive spike and prices also followed the upward direction. It increases the reliability of the recent breakout and prices are expected to hold the higher levels.
AAVE price is trading above both the 50-day and 200-day EMA confirming the uptrend. Furthermore, the EMAs displayed a golden crossover which boosted the confidence of the investors.
At present, AAVE crypto price is attempting to break out of the $100.00 hurdle. If buyers succeed then a rally toward $124.00 is possible in a short period.
However, if the price faces rejection from $100 the price might retrace down to $90 before entering into a three-digit price figure.
At the time of writing, Aave price is trading at $98.38 with a one-day decline of -1.84%. The pair of AAVE/BTC is forming a similar bullish reversal pattern so one may say that bulls are active in both pairs.
How Much AAVE Price Might Fly in 2024 Bull Run?
AAVE price prediction 2024 favors the bulls and suggests a rise in the coming months. The price chart of this crypto has turned bullish and indicates buyers will soon break the $100.00 hurdle.
In 2024, AAVE price might hit a potential high of $180.00 and above. The analysis suggests that the expected average price of AAVE in 2024 may be near to $140.00.
However, in the second half of 2024, the price may spend some time in the consolidation range.
What Are The Price Levels Achievable in 2025 For AAVE?
In 2025, AAVE price prediction stays bullish and suggests a $200 level may be visible. If buyers can hold the price above $160.00 then, sellers may hesitate to build fresh shorts.
The analysis suggests, Aave price will perform well in 2025 and may generate surprising returns for its long-term investors. In 2026, the positive momentum in the AAVE crypto price may take halt and short-term correction may be visible.
However, if the overall crypto market performs well, then AAVE will also participate and may march toward new swing highs.
Conclusion
AAVE price prediction 2024, 2025, and 2026 favors the bulls and showcases that the uptrend may continue.
At present, buyers are attempting to break out of $100. If they succeed, then the AAVE price might fly to 124.00 in a short period. Moreover, for the long term, the analysis suggests that the $200 mark is achievable by 2025.
Technical Levels
- Resistance Levels: $105.25 and $124.27
- Support Levels: $76.00 and $61.00
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while his post-graduation. He is a keen observer of details and shares his passion for writing along with being a developer. His backend knowledge about blockchain helps him give a unique perspective to his writing
Source: https://www.thecoinrepublic.com/2023/11/07/aave-price-prediction-2024-2026-will-aave-price-fly-to-200/