AAVE Price Forecast: AAVE’s Total Value Locked reaches a new all-time high of $44.8 billion 

Source Fxstreet
  • Aave price trades in the green on Friday, having gained nearly 6% so far this week.
  • DefiLlama data show that AAVE’s TVL reaches a record high of $44.89 billion, highlighting growing interest among investors. 
  • The technical outlook suggests a continuation of the rally, as momentum indicators display a bullish bias.

Aave (AAVE) price trades in green, above $290 at the time of writing on Friday, after gaining nearly 6% so far this week. The bullish outlook is further strengthened as the Total Value Locked (TVL) reaches a record high of over $44 billion, indicating growing investor interest. From a technical view, momentum indicators suggest a bullish bias, indicating the continuation of the ongoing rally.

AAVE TVL hits record highs 

Crypto intelligence tracker DefiLlama’s data shows that Aave’s TVL has increased to a new all-time high of $44.89 billion on Friday. Rising TVL indicates growing activity and interest within AAVE’s ecosystem, suggesting that more users are depositing or utilizing assets within AAVE-based protocols.

AAVE TVL chart. Source: DefiLlama

AAVE TVL chart. Source: DefiLlama

On the derivatised front, CryptoQuant’s Futures Volume Bubble Map indicator, which measures the average order size of executed trades for AAVE, is showing larger average order sizes, suggesting increased participation from whale investors, further supporting the bullish view.

Aave Futures Volume Bubble Map chart. Source: CryptoQuant

Aave Futures Volume Bubble Map chart. Source: CryptoQuant

Aave Price Forecast: AAVE bulls aiming for $367 mark

Aave price found support around the 50% Fibonacci level at $250.53 (drawn from the April low of $114.05 to the August high of $387.02) last week and recovered, closing above the 200-day Exponential Moving Average (EMA) at $268.05 on Sunday. As of Monday, the start of this week, AAVE continues its recovery, with a 5% increase by Thursday, finding support around the 200-day EMA. At the time of writing on Friday, it hovers at around $290.

If AAVE continues its upward trend, it could extend the rally toward its daily resistance level at $367.11.

The Relative Strength Index (RSI) on the daily chart is moving above the neutral level of 50, indicating fading bearish momentum. The Moving Average Convergence Divergence (MACD) displayed a bullish crossover on Thursday, signaling a buy opportunity and indicating the potential start of an upward trend.

AAVE/USDT daily chart 

AAVE/USDT daily chart 

However, if AAVE faces a correction, it could extend the decline toward the 200-day EMA at $268.05.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin Must Clear This Critical Cost Basis Level For Continued Upside, Analyst SaysIn a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to
Author  NewsBTC
Apr 23, Wed
In a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to
placeholder
Bitcoin Moving With Stocks, But Ethereum’s Correlation Is FadingBitcoin has been showing notable correlation to the stock equities recently, but data shows Ethereum is charting a more independent path. Bitcoin & Ethereum Showing Different Degrees Of
Author  NewsBTC
Jul 10, Thu
Bitcoin has been showing notable correlation to the stock equities recently, but data shows Ethereum is charting a more independent path. Bitcoin & Ethereum Showing Different Degrees Of
placeholder
OpenAI Reportedly Exploring Share Sale at $500 Billion ValuationOpenAI is reportedly in preliminary discussions to launch a secondary share sale that would value the artificial intelligence firm at $500 billion, Bloomberg reported on Wednesday, citing sources familiar with the matter.
Author  Mitrade
Aug 06, Wed
OpenAI is reportedly in preliminary discussions to launch a secondary share sale that would value the artificial intelligence firm at $500 billion, Bloomberg reported on Wednesday, citing sources familiar with the matter.
placeholder
OpenAI Introduces Lowest-Cost ChatGPT Subscription in India with UPI Payment OptionOn Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).
Author  Mitrade
Aug 19, Tue
On Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).
placeholder
ANZ Raises Gold Price Forecast to $3,800/Oz, Predicts Rally to Continue Through 2026Gold is expected to continue its upward momentum throughout 2025 and into early 2026, driven by ongoing geopolitical tensions, macroeconomic challenges, and market anticipation of U.S. monetary easing, according to analysts from ANZ in a research note released Wednesday.
Author  Mitrade
Sept 10, Wed
Gold is expected to continue its upward momentum throughout 2025 and into early 2026, driven by ongoing geopolitical tensions, macroeconomic challenges, and market anticipation of U.S. monetary easing, according to analysts from ANZ in a research note released Wednesday.
Related Instrument
goTop
quote