Thu, March 28

Aave (AAVE) Price Prediction 2024, 2025, 2026-2030

Aave (AAVE) Price Prediction 2023, 2024, 2025-2030 Crypto Price Prediction
  • Bullish AAVE price prediction for 2024 is $93.15 to $120.52.
  • Aave (AAVE) price might reach $130 soon.
  • Bearish (AAVE) price prediction for 2024 is $57.47.

In this Aave (AAVE) price prediction 2024, 2025-2030,  we will analyze the price patterns of AAVE by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency

TABLE OF CONTENTS
INTRODUCTION
  • Aave (AAVE) Current Market Status
  • What is Aave (AAVE)?
  • Aave (AAVE) 24H Technicals
AAVE (AAVE) PRICE PREDICTION 2024
  • Aave (AAVE) Support and Resistance Levels
  • Aave (AAVE) Price Prediction 2024 — RVOL, MA & RSI
  • Aave (AAVE) Price Prediction 2024 — ADX, RVI
  • Comparison of AAVE with BTC, ETH
AAVE (AAVE) PRICE PREDICTION 2025, 2026, 2027-2030
CONCLUSION
FAQ

Aave (AAVE) Current Market Status

Current Price $121.95
24 – Hour Price Change 4.77% Down
24 – Hour Trading Volume $133,093,219
Market Cap $1,800,284,123
Circulating Supply 14,761,094 AAVE
All – Time High $666.86 (On May 19, 2021)  
All – Time Low $26.02 (On Nov 05, 2020)  
AAVE Current Market Status (Source: TradingView)

What is Aave (AAVE)

TICKERAAVE
BLOCKCHAINEthereum
CATEGORYDecentralized Lending System
LAUNCHED ONNovember 2017
UTILITIESGovernance, security, gas fees & rewards

Aave (AAVE) is the native governance token of Aave, a crypto borrowing and lending DeFi protocol on Ethereum. Aave (AAVE) was launched in 2017 as ETHLend. Aave protocol provides users to create and access liquidity pools for crypto-assets and real-world assets. 

Aave also allows lenders to earn interest rates on locking in their assets in the pool. 
Borrowers also avail of crypto-backed loans via decentralized smart contracts. AAVE token grants voting rights to its holders to participate in the governance of the protocol. Users can also deploy AAVE tokens as collaterals in the Aave protocol. The third version of Aave, Aave v3, confers more interoperability to the Aave protocol.

Aave 24H Technicals

(Source: TradingView)

Aave (AAVE) Price Prediction 2024

Aave (AAVE) ranks 62nd on CoinMarketCap in terms of its market capitalization. The overview of the Aave price prediction for 2024 is explained below with a daily time frame.

AAVE/USDT Descending Channel Pattern (Source: TradingView)

In the above chart, Aave (AAVE) laid out a Falling Wedge. In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal. 

This pattern indicates a breakout in the price trend towards an upswing. From the above chart, we can interpret that the momentum of the downtrend is slowing down.

At the time of analysis, the price of Aave (AAVE) was recorded at $121.95. If the pattern trend continues, then the price of AAVE might reach the resistance levels of $94.12, and $119.33. If the trend reverses, then the price of AAVE may fall to the support of $84.89.

Aave (AAVE) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of Aave (AAVE) in 2024.

AAVE/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as resistance and support levels of Aave (AAVE) for 2024.

Resistance Level 1$93.15
Resistance Level 2$120.52
Support Level 1$71.69
Support Level 2$57.47
AAVE Resistance & Support Levels

Aave (AAVE) Price Prediction 2024 — RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Aave (AAVE) are shown in the chart below.

AAVE/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current Aave (AAVE) market in 2024.

INDICATORPURPOSEREADINGINFERENCE
50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA = $101.36
Price = $92.15
(50MA > Price)
Bearish/Downtrend
Relative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions42.90
<30 = Oversold
50-70 = Neutral

>70 = Overbought
Neutral
Relative Volume (RVOL)Asset’s trading volume in relation to its recent average volumesBelow cutoff lineWeak Volume

Aave (AAVE) Price Prediction 2024 — ADX, RVI

In the below chart, we analyze the strength and volatility of Aave (AAVE) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

AAVE/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of Aave (AAVE).

INDICATORPURPOSEREADINGINFERENCE
Average Directional Index (ADX)Strength of the trend momentum13.31Weak Trend
Relative Volatility Index (RVI)Volatility over a specific period53.53
<50 = Low
>50 = High
High Volatility

Comparison of AAVE with BTC, ETH

Let us now compare the price movements of Aave (AAVE) with that of Bitcoin (BTC), and Ethereum (ETH).

BTC Vs ETH Vs AAVE Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price action of AAVE is dissimilar to that of BTC and ETH. That is, when the price of BTC and ETH increases, the price of AAVE decreases, if the price of BTC and ETH decreases, the price of AAVE increases.

Aave (AAVE) Price Prediction 2025, 2026 – 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Aave (AAVE) between 2025, 2026, 2027, 2028, 2029, and 2030.

Year Bullish Price Bearish Price
Aave (AAVE) Price Prediction 2025$158$72
Aave (AAVE) Price Prediction 2026$190$87
Aave (AAVE) Price Prediction 2027$210$95
Aave (AAVE) Price Prediction 2028$250$120
Aave (AAVE) Price Prediction 2029$280$135
Aave (AAVE) Price Prediction 2030$300$150

Conclusion

If Aave (AAVE) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Aave (AAVE) price prediction for 2024 is $120.52. Comparatively, if unfavorable sentiment is triggered, the bearish Aave (AAVE) price prediction for 2024 is $57.47. 

If the market momentum and investors’ sentiment positively elevate, then Aave (AAVE) might hit $130. Furthermore, with future upgrades and advancements in the Aave ecosystem, AAVE might surpass its current all-time high (ATH) of $666.86 and mark its new ATH. 

FAQ

1. What is Aave (AAVE)?

Aave (AAVE) is the governance token of the Aave protocol, a DeFi crypto borrowing and lending platform. AAVE was launched in 2017.

2. Where can you buy Aave (AAVE)?

Traders can trade Aave (AAVE) on the following cryptocurrency exchanges Binance, Bitunix, OKX, Deepcoin, and Bybit.

3. Will Aave (AAVE) record a new ATH soon?

With the ongoing developments and upgrades within the Aave platform, Aave (AAVE)  has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Aave (AAVE)?

Aave (AAVE) hit its current all-time high (ATH) of $666.86 on May 19, 2021.

5. What is the lowest price of Aave (AAVE)?

According to CoinMarketCap, AAVE hit its all-time low (ATL) of $26.02 on Nov 05, 2020.

6. Will Aave (AAVE) hit $150?

If Aave (AAVE) becomes one of the active cryptocurrencies that maintain a bullish trend, it might hit $100 soon.

7. What will be the Aave (AAVE) price by 2025?

Aave (AAVE) price might reach $158 by 2025.

8. What will be the Aave (AAVE) price by 2026?

Aave (AAVE) price might reach $190 by 2026.

9. What will be the Aave (AAVE) price by 2027?

Aave (AAVE) price might reach $210 by 2027.

10. What will be the Aave (AAVE) price by 2028?

Aave (AAVE) price might reach $250 by 2028.


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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

A dedicated writer who shows her interest in writing all sorts of content about the cryptocurrency market in NewsCrypto. She is an enthusiastic reader and writer with passion for sharing crypto news and trends.