Key takeaways
- AAVE price prediction for 2024 could reach a maximum value of $195.45.
- By 2027, AAVE could reach a maximum price of $622.38.
- In 2030, AAVE will range between $933.57 to $1,011.37.
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 | $180.56 |
| Market cap | $2,706,475,936.57 |
| Trading volume (24-h) | $629,496,070.52 |
| Circulating supply | 14,976,439.21 AAVE |
| All-time high | $666.86 on May 19, 2021 |
| All-time low | $26.02 on Nov 5, 2020 |
| 24-hour low | $173.15 |
| 24-hour high | $196.09 |
Aave price prediction: Technical analysis
| Metric | Value |
| Price Prediction | $205.75 (13.81%) |
| Volatility | 10.33% |
| 50-day SMA | $153.68 |
| 14-Day RSI | 69.42 |
| Sentiment | Bullish |
| Fear & Greed Index | 80 (Extreme Greed) |
| Green days | 12/30 (40%) |
| 200-Day SMA | $117.18 |
Aave price analysis 1-day chart: AAVE is slightly bearish, bullish reversal soon?
TL;DR Breakdown
- Aave (AAVE) is slightly bearish.
- AAVE’s crucial support level is present at $172.72.
- A breakout above $198.44 could see AAVE retest the $206.71 price mark.
The AAVE/USD price analysis for November 12 shows the bears entering the market, with AAVE losing 7% over the last 24 hours.
Aave price analysis 1-day chart: AAVE briefly recaptures April highs, $206 next?
The AAVE/USD 1-day chart shows a bearish reversal, with the coin currently trading around $180, above key levels like the 50-day SMA and 100-day SMA. AAVE recently recaptured April 2024 highs but struggles to break past $198.
If AAVE breaks above $198.44, it could aim for the next resistance at $206.71 or higher. However, failure to breach these levels may lead to a pullback toward support of around $172.72. The RSI of 61.05 is higher than the RSI-based moving average, suggesting a bullish divergence. However, the divergence is not strong, hence, traders might want to wait for a confirmed breakout above $206 or a retracement to lower support levels for safer entry.
Aave price analysis 4-hour chart: AAVE is consolidating; CMF points to modest buying pressure
The 4-hour AAVE/USDT chart shows mixed signals leaning slightly bearish. After failing to break above the upper Bollinger Band around $199.63, AAVE pulled back and is now consolidating near the lower band, suggesting it’s in a correction phase.
The MACD indicates short-term bearish momentum, with the MACD line below the signal line and a series of red histogram bars, indicating weakened buying pressure.
However, the CMF (Chaikin Money Flow) is slightly positive at 0.07, hinting at modest buying interest, which might help prevent a sharp drop. The key support lies around $170-$18 – a bounce here could lead to a bullish recovery if momentum picks up, but a break below this level could mean further downside.
Aave technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | 178.35 | BUY |
| SMA 5 | 182.90 | SELL |
| SMA 10 | 161.73 | BUY |
| SMA 21 | 156.24 | SELL |
| SMA 50 | 153.68 | BUY |
| SMA 100 | 139.36 | BUY |
| SMA 200 | 117.18 | BUY |
Daily exponential moving average (EMA)
| Period | Value ($) | Action |
| EMA 3 | 159.52 | SELL |
| EMA 5 | 157.13 | SELL |
| EMA 10 | 154.80 | SELL |
| EMA 21 | 152.79 | SELL |
| EMA 50 | 145.79 | BUY |
| EMA 100 | 133.36 | BUY |
| EMA 200 | 119.65 | BUY |
What to expect from AAVE price analysis?
Our analysis shows that the AAVE is mildly bearish with the potential for further downside if the bulls fail to take control of the market. A bearish continuation could see AAVE retest support around $170.
Is AAVE a good investment?
Aave provides essential infrastructure for lending and borrowing within DeFi, expanding beyond traditional applications into areas like 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, which is one of the largest cryptocurrency exchanges in the world, offering a wide range of cryptocurrencies, including AAVE. Coinbase and Bitfinex also offer a variety of trading pairs and support AAVE.
Why is AAVE down?
Aave’s price decline is primarily due to decreased network activity, increased selling pressure as more tokens move to exchanges, and a drop in Total Value Locked (TVL) within the platform, signaling reduced user 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
- Aave Protocol’s net deposits are currently at $25.1 billion closing in on the 2021 peak of 28.7 billion.
- Aave v3.2’s new liquid eModes are now live across all instances.
Aave price prediction November 2024
Aave could experience an uptrend in November, reaching $195.45 at the end of the month. The minimum price projected for the coin is around $152.67, while the average is around $170.34.
| Aave price prediction | Potential Low | Average Price | Potential High |
| Aave price prediction October 2024 | $152.67 | $170.34 | $195.45 |
Aave price prediction 2024
By the end of 2024, the value of AAVE might reach a maximum value of $220.78, a minimum price of $157.3, and an average price of around $185.21.
| Aave price prediction | Potential Low | Average Price | Potential High |
| Aave price prediction 2024 | $157.3 | $185.21 | $220.78 |
Aave price prediction 2025-2030
| Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
| 2025 | 285.26 | 324.16 | 363.05 |
| 2026 | 414.92 | 453.82 | 492.72 |
| 2027 | 544.58 | 583.48 | 622.38 |
| 2028 | 674.24 | 713.14 | 752.04 |
| 2029 | 803.91 | 842.8 | 881.7 |
| 2030 | 933.57 | 972.47 | 1,011.37 |
Aave (AAVE) price prediction 2025
The AAVE price prediction for 2025 anticipates a surge in price, resulting in a maximum price of $363.05. Based on expert analysis, investors can expect an average price of $324.16 and a minimum price of about $285.26.
Aave price forecast 2026
According to the AAVE price forecast for 2026, Aave is anticipated to trade at a minimum price of $414.92, a maximum price of $492.72, and an average price of $453.82.
Aave price prediction 2027
The AAVE price prediction for 2027 indicates a continued rise with minimum and maximum prices of $544.58 and $622.38, respectively, as well as an average price of $583.48.
Aave price prediction 2028
Aave price is expected to reach a minimum of $674.24 in 2028. The maximum expected AAVE price is $752.04, with an average price of $713.14.
Aave price prediction 2029
The AAVE price prediction for 2029 estimates a minimum price of $803.91, a maximum price of $881.7, and an average price of $842.8.
Aave price prediction 2030
The Aave price prediction for 2030 suggests a minimum price of $933.57 and an average price of $972.47. The maximum forecasted Aave price is set at $1,011.37.
AAVE market price prediction: Analysts’ AAVE price forecast
| Firm | 2024 | 2025 |
| Changelly | $161.73 | $226.98 |
| DigitalCoinPrice | $265.62 | $455.64 |
| CryptoPredictions | $161.83 | $208.56 |
Cryptopolitan’s Aave (AAVE) price prediction
According to our AAVE price forecast, the coin’s market price might reach a maximum value of $155.67 by the end of 2024. Looking forward to 2026, the average Aave price could surge to $403.56.
AAVE’s historic price sentiment
- 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. At the time of writing, November, AAVE is trading within the range of $173.15 – $196.09.
