Aave price prediction 2024-2030: Is AAVE a good investment?
Key takeaways
- AAVE price prediction for 2024 could reach a maximum value of $160.89.
- By 2027, AAVE could reach a maximum price of $553.91.
- In 2030, AAVE will range between $1,136 to $1,722.
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.
Aave and two other lending protocols were hit hard by the concentration of liquidations in three key assets. Over the previous day, liquidations totaling $216 million hit ETH collateral the hardest. Liquidations of $97 million were seen in wrapped staked ETH (wstETH), whereas $35 million was seen in wrapped bitcoin (wBTC).
Will AAVE reach new heights despite the market downturn with fresh developments expected in the Aave ecosystem? Let’s get into the Aave technical analysis and predictions.
Overview
| Cryptocurrency | Aave |
| Ticker | AAVE |
| Current price | $166.31 |
| Market cap | $2,483,415,550 |
| Trading volume (24-h) | $$264,489,726 |
| Circulating supply | 14,936,827 AAVE |
| All-time high | $666.86 on May 19, 2021 |
| All-time low | $26.02 on Nov 5, 2020 |
| 24-hour low | $165.96 |
| 24-hour high | $178.25 |
Aave price prediction: Technical analysis
| Metric | Value |
| Price Prediction | $ 551.11 (227.07%) |
| Volatility | 8.48% |
| 50-day SMA | $ 125.60 |
| 14-Day RSI | 72.65 |
| Sentiment | Bullish |
| Fear & Greed Index | 54 (Neutral) |
| Green days | 14/30 (47%) |
Aave price analysis: AAVE surges after bullish breakout, eyes set on $220 amid key resistance levels
TL;DR Breakdown
- AAVE shows bullish momentum but resistance at $179.74 may slow progress.
- AAVE’s immediate support is present at $163.36.
The AAVE/USDT price has shown significant movement across both daily and 4-hour charts, indicating key shifts in market momentum. On the daily chart, the asset is approaching critical resistance levels, while on the 4-hour chart, a bullish breakout from an ascending triangle suggests strong upward potential.
Aave price analysis 1-day chart: AAVE hits resistance at $180, lower highs next?
The AAVE/USD 1-day price chart shows significant volatility. After a recent upward trend, AAVE has encountered resistance near the $173.62 and $180.74, with a decline of -3.93%, pushing the price to $165.20. AAVE’s immediate support level is present at $158.53; a breach of this price level could take the token to the $130 region.
On the other hand, a breakout above $173.62 would signal further upward movement towards $180. The RSI at 65.84 suggests the asset is approaching overbought conditions, indicating a bullish momentum with the possibility of a price reversal.
AAVE/USD 4-hour price chart: AAVE’s bullish momentum is slowing down
The 4-hour AAVE/USD price chart shows a bullish breakout from an ascending triangle pattern, signaling strong upward momentum. The price recently touched the upper Bollinger Band at $179.74, and is now slightly retracing toward the basis line at $163.36, a key support level.
The MACD shows a bullish crossover, confirming the upward trend, but the histogram suggests momentum may be slowing. Traders should watch for price action around the $163.36 support level and a potential breakout above $179.74 to continue the bullish trend. A break above $179.74 could push AAVE towards $200 and higher, while failure to hold support could lead to a correction toward $146.97.
Aave technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | 139.21 | BUY |
| SMA 5 | 143.93 | BUY |
| SMA 10 | 139.83 | BUY |
| SMA 21 | 139.33 | BUY |
| SMA 50 | 125.60 | BUY |
| SMA 100 | 109.53 | BUY |
| SMA 200 | 105.64 | BUY |
Daily exponential moving average (EMA)
| Period | Value ($) | Action |
| EMA 3 | 140.35 | BUY |
| EMA 5 | 133.96 | BUY |
| EMA 10 | 124.10 | BUY |
| EMA 21 | 114.32 | BUY |
| EMA 50 | 105.34 | BUY |
| EMA 100 | 101.05 | BUY |
| EMA 200 | 98.32 | BUY |
What to expect from AAVE price analysis?
Our analysis indicates that AAVE is currently bullish, trading between $163.36 and $179.74. A further upward move could push AAVE beyond $179.74, while a bearish reversal might see the price drop to $146.97. Investors should closely monitor for a breakout above resistance or a breakdown below support to confirm the next trend direction.
Is AAVE a good investment?
Aave offers users the infrastructure necessary to participate in various lending and borrowing activities within the DeFi ecosystem. Boasting a growing user base, the platforms’ versatility extends beyond traditional DeFi applications, with aave protocol with the potential for expansion into gaming, non-fungible tokens (NFTs), and decentralized applications (dApps).
AAVE token serves as a core component of the platform, driving its ecosystem and utility. Many investors and industry insiders view AAVE as a solid investment choice for cryptocurrency markets, considering its track record of success in the crypto market and ongoing development efforts.
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 which offers a variety of trading pairs and support AAVE.
Will Aave recover?
Aave’s founder, Stani Kulechov, said in an August 5 post on X that the protocol successfully handled the overall stress across 14 active markets on various Layer 1 and Layer 2 blockchains, securing $21 billion in value. Stani noted that Aave’s revenue surge was mainly fueled by decentralized liquidations, a mechanism that helps maintain market stability by automatically selling off collateral when positions fall below required levels.
Will Aave reach $100?
Aave (AAVE) can potentially reach $100 if it breaks through the current resistance levels and gains momentum from positive, market sentiment and trends. Recent price movements suggest that a recovery to this level is feasible with increased trading activity and investor interest.
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 $79.8 indicates resilience and potential for future growth.
Recent news/opinion on AAVE
- Binance updates leverage for AAVE and other coins
Binance Exchange has updated the leverage and margin tiers for several altcoins, including AAVE, FLOKI, and TAO. These changes now allow up to 75x leverage for these coins, a significant increase from previous limits. This adjustment could lead to notable price volatility and increased trading interest.
- Aave V3 launches on zkSync Era mainnet to unlock liquidity and yield opportunities for blockchain users
Aave V3 is now live on the zkSync Era mainnet, enabling users to access its liquidity and yield features with faster and cheaper transactions. This launch aims to boost DeFi adoption on zkSync’s zero-knowledge-powered blockchain.
- Aave DAO and Trident launch $100M onchain fixed-yield loan.
Aave DAO and Trident Digital launched a $100M on-chain fixed-yield loan, offering stability with fixed rates and terms, and reducing market volatility. The loan, supported by Aave v3, locks 33,000 ETH for three months, providing lenders with aETH tokens as collateral.
Aave price prediction September 2024
Aave could experience an uptrend in September, reaching $180.56 at the end of the month. The minimum price projected for the coin is around $128.34, while the average is around $165.87.
| Aave price prediction | Potential Low | Average Price | Potential High |
| Aave price prediction September 2024 | $128.34 | $165.87 | $180.56 |
Aave price prediction 2024
Aave price is forecast to reach a minimum price of $120.89 in 2024. As per findings, AAVE could reach a maximum price of $195.21 and an average forecast price of $176.32.
| Aave price prediction | Potential Low | Average Price | Potential High |
| Aave price prediction 2024 | $120.89 | $176.32 | $195.21 |
Aave price prediction 2025-2030
| Year | Minimum price | Average price | Maximum price |
| 2025 | $215.39 | $221.43 | $252.12 |
| 2026 | $319.19 | $328.05 | $381.94 |
| 2027 | $469.61 | $486.01 | $553.91 |
| 2028 | $688.81 | $713.11 | $801.83 |
| 2029 | $977.86 | $1,006 | $1,211 |
| 2030 | $1,436 | $1,477 | $1,722 |
Aave price prediction 2025
The price of Aave is expected to reach at a minimum level of $215.39 in 2025. The AAVE price can reach a maximum level of $252.12 with an average price of $221.43 throughout 2025.
Aave price prediction 2026
In 2026, AAVE’s average price could be about $328.05. Its minimum and maximum prices can be expected at Aave’s price at $319.19 and Aave’s price at $381.94, respectively.
Aave price prediction 2027
In 2027, the price of Aave is forecasted to be at around a minimum value of $469.61. The Aave price value can reach a maximum of $553.91 with an average trading value of Aave prediction $486.01.
Aave price prediction 2028
The price of Aave is predicted to reach a minimum value of $688.81 in 2028. The current Aave price could reach a maximum value of $801.83, with an average trading price of $713.11 throughout 2028.
Aave price prediction 2029
As per the forecast and technical analysis, in 2029, the price of Aave is expected to reach a minimum price value of $977.86. The AAVE price can reach a maximum price value of $1,211 with an average value of $1,006.
Aave price prediction 2030
The price of Aave is predicted to reach a minimum value of $1,436 in 2030. The Aave price could reach a maximum value of $1,722 with an average trading price of $1,477 throughout 2030.
AAVE market price prediction: Analysts’ AAVE price forecast
| Firm | 2024 | 2025 |
| Gov.Capital | $110.65 | $125.33 |
| DigitalCoinPrice | $252.97 | $318.98 |
| CryptoPredictions | $148.378 | $149.136 |
Cryptopolitan’s Aave (AAVE) price prediction
According to our AAVE price forecast, the coin’s market price might reach a maximum value of $145.23 by the end of 2024. Looking forward to 2026, the average Aave price could surge to $314.23.
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. In September, it’s trading between $163.92 to $178.25.
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