Key takeaways
- AAVE price prediction for 2024 could reach a maximum value of $290.94.
- By 2027, AAVE could reach a maximum price of $1,027.
- In 2030, AAVE will range between $933.57 to $1,985.68.
Aave is a leading decentralized finance (DeFi) protocol on the Ethereum blockchain, known for its innovative financial solutions such as flash loans, which allow users to borrow instantly without collateral, and dynamic interest rates that adapt to market conditions. Participants in the Aave ecosystem can deposit their digital crypto assets back into liquidity pools to earn their interest payments or obtain loans by borrowing funds without providing collateral. Aave’s governance and fee distribution are significantly driven by its native token, AAVE, enhancing its utility and value within the platform.
Having touched its ATH at $666.86 in May 2021, will AAVE reach new heights despite the recent market downturn and consolidations? Let’s get into the Aave technical analysis and predictions.
Overview
| Cryptocurrency | Aave |
| Ticker | AAVE |
| Current price | $357.04 |
| Market cap | $5.36B |
| Trading volume (24-h) | $1.47B |
| Circulating supply | 16M AAVE |
| All-time high | $666.86 on May 19, 2021 |
| All-time low | $26.02 on Nov 5, 2020 |
| 24-hour low | $353.85 |
| 24-hour high | $389.52 |
Aave price prediction: Technical analysis
| Metric | Value |
| Price Prediction | $283.39 (9.19%) |
| Volatility | 13.59% |
| 50-day SMA | $170.12 |
| 14-Day RSI | 71.95 |
| Sentiment | Bearish |
| Fear & Greed Index | 72 (Greed) |
| Green days | 17/30 (57%) |
| 200-Day SMA | $129.22 |
Aave 1-day price analysis: AAVE Faces Minor Dip While Maintaining Bullish Momentum
Key Takeaways:
- Aave (AAVE) experienced a modest decline but remains on a bullish path, as evidenced by steady intraday growth.
- Strong support at $353.85 indicates resilience, while breaking resistance at $389.52 is crucial for further gains.
- Trading activity suggests cautious optimism, with potential for upward movement if the broader market remains stable.
Aave (AAVE) on December, 13 traded at $357.04, marking a 1.00% decline over the past 24 hours. The cryptocurrency saw a daily low of $353.85 and peaked at $389.52, indicating price fluctuations within a narrow range. Despite the slight pullback, AAVE has maintained a predominantly upward trajectory, evident in the chart’s gradual rise over the last day.
Technical analysis shows AAVE holding above critical support near $353.85, which suggests strong buying interest at lower levels. On the upside, resistance appears around $389.52, a level that needs to be breached for further bullish momentum. If the price can sustain above this level, AAVE may challenge the $400 mark in the near term.
Aave 1-day price chart: AAVE Shows Bullish Momentum Amid Overbought Conditions
The 1-day price chart for Aave (AAVE) reflects a gradual bullish trend, with the price currently trading at $357.04, down by 1.00% on the day. AAVE has been steadily climbing since early December, indicating strong market interest and a possible accumulation phase. However, the slight pullback suggests profit-taking near the $360-$365 range, with the broader market sentiment remaining cautiously optimistic. A break above the key resistance at $389.52 could trigger stronger upward momentum, while sustained support at $353.85 is critical to prevent a further decline.
The Moving Average Convergence Divergence (MACD) indicator reveals strong bullish momentum, as the MACD line (40.67) remains above the signal line (29.72), supported by rising green histograms. The Relative Strength Index (RSI) stands at 79.09, approaching overbought territory, signaling potential short-term price consolidation or correction. Traders should watch for a decline in MACD histogram strength or a pullback in the RSI below 80 as potential signs of waning upward momentum.
Aave 4-hour price chart: AAVE Bullish Surge Pauses, Suggesting Possible Short-Term Correction
The 4-hour price chart for Aave (AAVE) shows a steady bullish rally over recent sessions, with the price consolidating at $357.04, down 1.00% in the last session. AAVE’s surge earlier in December pushed it past key levels, but the momentum now appears to be cooling off as profit-taking emerges.The recent retracement could indicate a healthy pause within the broader bullish trend.
The MACD remains in bullish territory, with the MACD line at 25.47 above the signal line at 23.28, though histogram bars are beginning to shrink, hinting at weakening momentum. Meanwhile, the RSI stands at 64.50, just shy of the overbought threshold of 65, signaling that a short-term correction or consolidation may occur. If the RSI dips below 65 and MACD momentum fades further, traders should watch for a possible retest of the $340-$350 support zone.
Aave technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | $ 219.56 | BUY |
| SMA 5 | $ 225.17 | BUY |
| SMA 10 | $ 209.80 | BUY |
| SMA 21 | $ 190.54 | BUY |
| SMA 50 | $ 170.12 | BUY |
| SMA 100 | $ 157.38 | BUY |
| SMA 200 | $ 129.22 | BUY |
Daily exponential moving average (EMA)
| Period | Value ($) | Action |
| MA 3 | $ 191.67 | BUY |
| EMA 5 | $ 180.54 | BUY |
| EMA 10 | $ 168.82 | BUY |
| EMA 21 | $ 160.36 | BUY |
| EMA 50 | $ 149.74 | BUY |
| EMA 100 | $ 135.95 | BUY |
| EMA 200 | $ 121.28 | BUY |
What to expect from AAVE price analysis?
Aave (AAVE) maintains a bullish trajectory despite slight pullbacks, signaling cautious optimism among traders. The current price of $357.04 suggests a period of consolidation after reaching a daily high of $389.52. Strong support at $353.85 continues to provide stability, while resistance near $389.52 poses a critical challenge for further upward movement. Sustaining above this resistance could propel AAVE toward the psychological $400 level, a key milestone for continued bullish momentum.
Is AAVE a good investment?
Aave provides the essential infrastructure for lending and borrowing within DeFi, expanding beyond traditional applications into gaming, NFTs, and dApps. Its AAVE token plays a vital role in powering the platform, making it a strong choice for investors due to its proven market success and continuous development.
Where to buy AAVE?
AAVE tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Aave is Binance, one of the world’s largest cryptocurrency exchanges, offering a wide range of cryptocurrencies, including AAVE. Coinbase and Bitfinex also offer a variety of trading pairs and support AAVE.
Why is AAVE up?
AAVE is up due to increased on-chain activity, whale accumulation, strong market sentiment, and high Total Value Locked (TVL), reflecting growing adoption and investor confidence.
Will Aave reach $500?
Aave (AAVE) can potentially reach $500 if it breaks through the current resistance levels and gains momentum from positive market sentiment and trends. AAVE had previously reached an ATH of $666.86; attaining $500 should be an achievable feat in the near term if market conditions align.
Does Aave have a good long-term future?
Aave shows potential for a good long-term future, given its ability to stabilize and recover after significant declines. The consistent support of around $116 indicates resilience and potential for future growth.
Recent news/opinion on AAVE
- Ethena Labs’s sUSDe becomes one of the fastest-growing assets on the Aave network
Aave price prediction December 2024
Aave could experience an uptrend in December, reaching $285.34 at the end of the month. The minimum price projected for the coin is around $208.03, while the average is around $232.28.
| Aave price prediction | Potential Low | Average Price | Potential High |
| Aave price prediction December 2024 | $208.08 | $232.28 | $285.34 |
Aave price prediction 2024
By the end of 2024, the value of AAVE might reach a maximum value of $290.94, a minimum price of $253.49, and an average price of around $284.58.
| Aave price prediction | Potential Low | Average Price | Potential High |
| Aave price prediction 2024 | $253.49 | $284.58 | $290.94 |
Aave price prediction 2025-2030
| Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
| 2025 | $398.87 | $410.16 | $472.02 |
| 2026 | $587.10 | $607.60 | $693.24 |
| 2027 | $833.10 | $857.40 | $1,027 |
| 2028 | $1,199 | $1,234 | $1,462 |
| 2029 | $1,578.36 | $1,654.73 | $1,731.11 |
| 2030 | $1,832.93 | $1,909.31 | $1,985.68 |
AAVE price prediction for 2025
The AAVE price prediction for 2025 anticipates a surge in price, resulting in a maximum price of $472.02. Based on expert analysis, investors can expect an average price of $410.16 and a minimum price of about $398.87.
AAVE price forecast for 2026
According to the AAVE price forecast for 2026, Aave is anticipated to trade at a minimum price of $587.10, a maximum price of $693.24, and an average price of $607.60.
AAVE price prediction for 2027
The AAVE price prediction for 2027 indicates a continued rise with minimum and maximum prices of $833.10 and $1,027.00, respectively, as well as an average price of $857.40.
AAVE price prediction for 2028
Per expert analysis, the price of Aave is expected to reach a minimum of $1,199 in 2028. The maximum expected AAVE price is $1,462, with an average price of $1,234.
AAVE price prediction for 2029
The AAVE forecast for 2029 estimates a minimum price of $1,578.36, a maximum price of $1,731.11, and an average price of $1,654.73.
AAVE price prediction for 2030
The AAVE price prediction for 2030 suggests a minimum price of $1,832.93 and an average price of $1,909.31. The maximum forecasted AAVE price is set at $1,985.68.
AAVE market price prediction: Analysts’ AAVE price forecast
| Firm | 2024 | 2025 |
| Changelly | $239.76 | $260.76 |
| DigitalCoinPrice | $233.19 | $557.92 |
| CryptoPredictions | $251.38 | $297.81 |
Cryptopolitan’s Aave (AAVE) price prediction
According to our AAVE price forecast, the coin’s market price might reach a maximum value of $290.89 by the end of 2024. Looking forward to 2026, the average Aave price could surge to $560.56.
AAVE’s historic price sentiment
AAVE/USD price history ⏐ Source: Coinmarketcap
- Launched as ETHLend in 2017, a peer-to-peer digital asset lending and borrowing platform; raised $16.2 million during the ICO. Rebranded to AAVE in 2018, with ETHLend becoming a subsidiary.
- In January 2020, the AAVE protocol went live on the Ethereum mainnet. By August, it became the second DeFi protocol to reach $1 billion in total value locked. The FCA awarded AAVE an EMI license, boosting LEND by 30%.
- Aave v3 launched on the Ethereum mainnet on 16 March 2022; AAVE surged 114% to $261.29 by 1 April. By mid-August, it recovered slightly to just over $100 but declined again towards the end of the year, trading between $50 and $60.
- From late January to March 2023, AAVE showed an uptrend, trading around $80 to $90. AAVE closed 2023 at about $109.
- Between January and April 2024, AAVE was on an upward trend, reaching a high of $142. Between May and June, it fluctuated between $77 and $113. In August, it opened at $95.07 and closed at $129.8, while in September, AAVE reached a peak price of $178.25.
- In October, AAVE traded between the range of $132 – $165.85. The coin reached a peak price of $212.09 in November, and in December, AAVE is trading within the range of $244.51 – $266.07.
