Key takeaways
- AAVE price prediction for 2024 could reach a maximum value of $129.24.
- By 2027, AAVE could reach a maximum price of $438.08.
- In 2030, AAVE will range between $1,136 to $1,394.
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 | $114.31 |
| Market cap | $1,703,950,397 |
| Trading volume (24-h) | $145,147,529 |
| Circulating supply | 14,905,725 AAVE |
| All-time high | $666.86 on May 19, 2021 |
| All-time low | $26.02 on Nov 5, 2020 |
| 24-hour low | $109.60 |
| 24-hour high | $114.08 |
Aave price prediction: Technical analysis
| Metric | Value |
| Price Prediction | $ 366.39 (228.01%) |
| Volatility | 6.69% |
| 50-day SMA | $96.88 |
| 14-Day RSI | 61.93 |
| Sentiment | Bullish |
| Fear & Greed Index | 28 (Fear) |
| Green days | 16/30 (53%) |
Aave price analysis 1-day chart: Bullish momentum eyes $116.72 amid sideways consolidation
TL;DR Breakdown
- Aave (AAVE) is currently bullish.
- AAVE’s crucial support level is present at $109.34.
- A breakout above $116.72 could see AAVE retest $120.10.
Aave price analysis 1-day chart: AAVE exhibits bullish momentum, targets $116.72 in the near term
The AAVE/USD 1-day chart for August 19 suggests a bullish trend, with recent price action indicating a potential continuation of the uptrend if the support at $109.34 holds. AAVE recently experienced a bullish reversal after bouncing back from $90.19.
If AAVE holds above $109.34, it may attempt higher price levels at $116.72 and $120.10, but a break below could see the price drop to support levels at $104.15 and $99.69. The RSI is currently at 53.14, indicating neutral market conditions without extreme overbought or oversold levels, suggesting a potential trend continuation or imminent sideways movement between $109 – $116.
Aave price analysis 4-hour chart: AAVE is consolidating, bearish momentum imminent?
The AAVE/USD 4-hour price chart suggests a sideways consolidation phase between $109.34 and $116.72. AAVE is stuck in this range, moving back and forth without a clear breakout. A rising wedge has also formed within the consolidation zone, signaling potential bearish pressure, as AAVE narrows into a tighter range.
A bullish breakout above $116 could push AAVE towards $160, while a bearish breakdown below $109 might see the coin drop to August 5 levels. While the price is stable and moving sideways, there is underlying bearish momentum as the MACD line is below the signal line, indicating that sellers may be gradually gaining control, and the need to watch out for a breakout.
Aave technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | 106.15 | BUY |
| SMA 5 | 101.78 | BUY |
| SMA 10 | 99.51 | BUY |
| SMA 21 | 101.81 | BUY |
| SMA 50 | 96.88 | BUY |
| SMA 100 | 94.68 | BUY |
| SMA 200 | 99.53 | BUY |
Daily exponential moving average (EMA)
| Period | Value ($) | Action |
| EMA 3 | 106.39 | BUY |
| EMA 5 | 103.91 | BUY |
| EMA 10 | 101.67 | BUY |
| EMA 21 | 100.45 | BUY |
| EMA 50 | 98.10 | BUY |
| EMA 100 | 97.11 | BUY |
| EMA 200 | 96.23 | BUY |
What to expect from AAVE price analysis?
Our analysis shows that the AAVE is bullish. However, a price consolidation signals potential bearish momentum. Failure by the bulls to sustain the current price level could take AAVE down to the next support at $99.69.
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 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
- 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 August 2024
Aave could experience an uptrend in August, reaching $128.45 at the end of the month. The minimum price projected for the coin is around $88.17, while the average is around $124.47.
| Aave price prediction | Potential Low | Average Price | Potential High |
| Aave price prediction August 2024 | $88.17 | $124.47 | $128.45 |
Aave price prediction 2024
Aave price is forecast to reach a minimum price of $119.84 in 2024. As per findings, the AAVE could reach a maximum price of $129.24 and an average forecast price of $123.96.
| Aave price prediction | Potential Low | Average Price | Potential High |
| Aave price prediction 2024 | $119.84 | $123.96 | $129.24 |
Aave price prediction 2025-2030
| Year | Minimum | Average | Maximum |
| 2025 | $170.00 | $174.96 | $208.57 |
| 2026 | $254.72 | $261.72 | $288.60 |
| 2027 | $367.13 | $380.21 | $438.08 |
| 2028 | $542.62 | $557.83 | $630.15 |
| 2029 | $806.65 | $834.54 | $943.80 |
| 2030 | $1,136 | $1,178 | $1,394 |
Aave price prediction 2025
The price of Aave is expected to reach at a minimum level of $170.00 in 2025. The AAVE price can reach a maximum level of $208.57 with an average price of $174.96 throughout 2025.
Aave price prediction 2026
In 2026, AAVE’s average price could be about $261.72. Its minimum and maximum prices can be expected at Aave’s price at $254.72 and Aave’s price at $288.60, respectively.
Aave price prediction 2027
In 2027 the price of Aave is forecasted to be at around a minimum value of $367.13. The Aave price value can reach a maximum of $438.08 with an average trading value of Aave prediction $380.21.
Aave price prediction 2028
The price of Aave is predicted to reach a minimum value of $542.62 in 2028. The current Aave price could reach a maximum value of $630.15, with an average trading price of $557.83 throughout 2028.
Aave price prediction 2029
As per the forecast and technical analysis, In 2029 the price of Aave is expected to reach at a minimum price value of $806.65. The AAVE price can reach a maximum price value of $943.80 with the average value of $$834.54.
Aave price prediction 2030
The price of Aave is predicted to reach at a minimum value of $1,136 in 2030. The Aave price could reach a maximum value of $1,394 with the average trading price of Aave market cap $1,178 throughout 2030.
AAVE market price prediction: Analysts’ AAVE price forecast
| Firm | 2024 | 2025 |
| Gov.Capital | $92.56 | $105.33 |
| DigitalCoinPrice | $205.56 | $251.42 |
| CryptoPredictions | $93.70 | $98.39 |
Cryptopolitan’s Aave (AAVE) price prediction
According to our AAVE price forecast, the coin’s market price might reach a maximum value of $129.24 by the end of 2024. Looking forward to 2026, the value of the average Aave rate could surge to $288.60. Aave is facing a hard time getting on board with other crypto coins. The AAVE is down to almost -1% in the last 7 days. The coin is still showing risking framing segments for past few days, the coin might have strong fundamentals but, we don’t think that it would a profitable asset in short term.
AAVE’s historic price sentiment
- AAVE started out as ETHLend in 2017 as a peer-to-peer digital asset lending and borrowing platform. It generated $16.2 million during an initial coin offering (ICO).
- AAVE was given a new name in 2018, with ETHLend becoming a subsidiary. In January 2020, the protocol officially went live on the Ethereum mainnet. By August of the same year, the AAVE token rose to be the second DeFi protocol to get to $1 billion in total value locked, with MakerDao being the first.
- In the same month (August), the FCA awarded AAVE an EMI (Electronic Money Institution) license, which saw LEND rapidly rise by 30% to a new ATH.
- Aave’s proposal to upgrade its protocol was passed unanimously by its community. Following Aave v3’s mainnet launch on 16 March, the AAVE token surged as much as 114% to a nearly three-month high of $261.29 on 1 April 2022.
- By mid-August 2022, AAVE was able to recover slightly, hitting just over $100, but another downtrend was on the way again. From late 2022 to early 2023, the coin traded at around $50 to $60 per token.
- From the end of January to the end of March 2023, signs of an uptrend can be observed in the cryptocurrency market, as the Aave token traded around $80 – $90.
- Between January and April 2024, AAVE was on the upward trend. For the year, it registered its highest price at $142.
- From May 20th to the start of June 2024, AAVE experienced an upside in trading volume and market cap, jumping from $85 to $113. In June 2024, the coin traded between $77 – $105.
- In August 2024, AAVE opened trading at $95.07 and is currently trading between $109.6 – $114.65.
