Aave price prediction 2024-2030: Is AAVE a good investment?


Key takeaways

  • AAVE price prediction for 2024 could reach a maximum value of $290.94.
  • By 2027, AAVE could reach a maximum price of $1,027.
  • In 2030, AAVE will range between $933.57 to $1,985.68.

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?

Let’s get into the Aave technical analysis and predictions.

Overview

Cryptocurrency Aave
Ticker AAVE
Current price $357.04
Market cap $4,946,914,074.14
Trading volume (24-h) $663,843,474.58
Circulating supply 15,032,636.1 AAVE
All-time high $666.86 on May 19, 2021
All-time low $26.02 on Nov 5, 2020
24-hour low $321.69
24-hour high $3433.25

Aave price prediction: Technical analysis

Metric Value
Price Prediction $329.85 (79.91%)
Volatility 17.36%
50-day SMA $252.55
14-Day RSI 53.64
Sentiment Neutral
Fear & Greed Index 65 (Greed)
Green days 16/30 (%)
200-Day SMA $155.14

Aave 1-day price analysis: AAVE faces significant bearish pressure; buyers to come in soon?

Key takeaways:

  • AAVE is down 2.74% in 24 hours.
  • The coin is trading below its 20-day SMA.
  • A breach of $317.96 could indicate further downsides.

Aave (AAVE) price analysis for December 30 shows a price decline, with the coin down by over 2% in 24 hours and 12.76% over the last 7 days. Indicators point to increasing selling pressure, but with oversold conditions prevalent, a rebound to the upside could be imminent.

Aave 1-day price chart: AAVE faces continued selling pressure

AAVE is currently trading at $323.63, marking a 2.74% drop. The token continues to face selling pressure, remaining below the SMA of $346.68, which serves as a key resistance level and signals bearish dominance.

Aave 1-day price chart
AAVE faces continued selling pressure

The MACD indicator reflects ongoing downward momentum, with the MACD line lagging behind the signal line and the negative histogram confirming the weak trend. However, the declining intensity of the sell-off could hint at a potential shift if buyers step in.

The trading volume indicator highlights a lack of significant buying interest enough to reverse the bearish trend. For AAVE to regain strength, it must break above the $346.68 resistance. Conversely, support at $300 remains critical; a breach here could lead to further downside movement, potentially testing lower support zones.

Aave 4-hour price chart: Indicators reflect continued bear pressure

The 4-hour chart for AAVE also reflects ongoing bearish momentum. The Bollinger Bands are relatively tight, signaling reduced volatility but a potential for breakout.

Aave 4-hour price chart
AAVE indicators reflect continued bear pressure

The price is near the basis line at $333.90, and a break above this level could lead to a test of the upper band at $349.83. Failure to do so may push the price closer to the lower band at $317.96.

The RSI at 40.48 shows weak momentum, leaning toward oversold territory, suggesting limited buying interest. The Balance of Power (BoP) at -0.42 highlights that sellers maintain control, keeping upward pressure in check.

Aave technical indicators: Levels and action

Daily simple moving average (SMA)

Period Value ($) Action
SMA 3 $366.24 SELL
SMA 5 $ 357.61 SELL
SMA 10 $330.31 SELL
SMA 21 $330.12 SELL
SMA 50 $252.55 BUY
SMA 100 $203.59 BUY
SMA 200 $155.14 BUY

Daily exponential moving average (EMA)

Period  Value ($) Action
EMA 3 $346.14 SELL
EMA 5 $349.67 SELL
EMA 10 $340.62 BUY
EMA 21 $305.49 BUY
EMA 50 $247.88 BUY
EMA 100 $204.24 BUY
EMA 200 $166.28 BUY

What to expect from AAVE price analysis?

AAVE is showing bearish momentum across both daily and 4-hour charts, with resistance at $333.90 and support around $317.96. The daily trend remains weak, sitting below the SMA of $346.68, while the RSI hints at oversold conditions, leaving room for a short-term bounce.

In the short term, AAVE could consolidate between $317 and $333. A break above resistance may push it toward $346, but failing to hold support could see it drop closer to $300.

Is AAVE a good investment?

Aave provides the essential infrastructure for lending and borrowing within DeFi, expanding beyond traditional applications into 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, one of the world’s largest cryptocurrency exchanges, 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 (AAVE) is down due to declining network activity, increased selling pressure as more tokens move to exchanges and bearish market sentiment. Despite strong revenue, reduced user engagement and confidence are driving the price lower.

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 Network ranks no.1 DeFi protocol in net supplies
  • Ethena Labs’s sUSDe becomes one of the fastest-growing assets on the Aave network

Aave price prediction December 2024

Aave could experience an uptrend in December, reaching $380.56 at the end of the month. The minimum price projected for the coin is around $278.08, while the average is around $320.22.

Aave price prediction Potential Low Average Price Potential High
Aave price prediction December 2024 $278.08 $320.22 $380.56

Aave price prediction 2024

By the end of 2024, the value of AAVE might reach a maximum value of $290.94, a minimum price of $253.49, and an average price of around $284.58.

Aave price prediction Potential Low Average Price Potential High
Aave price prediction 2024 $253.49 $284.58 $290.94

Aave price prediction 2025-2030

Year Minimum Price ($) Average Price ($) Maximum Price ($)
2025 $398.87 $410.16 $472.02
2026 $587.10 $607.60 $693.24
2027 $833.10 $857.40 $1,027
2028 $1,199 $1,234 $1,462
2029 $1,578.36 $1,654.73 $1,731.11
2030 $1,832.93 $1,909.31 $1,985.68

AAVE price prediction for 2025

The AAVE price prediction for 2025 anticipates a surge in price, resulting in a maximum price of $472.02. Based on expert analysis, investors can expect an average price of $410.16 and a minimum price of about $398.87.

AAVE price forecast for 2026

According to the AAVE price forecast for 2026, Aave is anticipated to trade at a minimum price of $587.10, a maximum price of $693.24, and an average price of $607.60.

AAVE price prediction for 2027

The AAVE price prediction for 2027 indicates a continued rise with minimum and maximum prices of $833.10 and $1,027.00, respectively, as well as an average price of $857.40.

AAVE price prediction for 2028

Per expert analysis, the price of Aave is expected to reach a minimum of $1,199 in 2028. The maximum expected AAVE price is $1,462, with an average price of $1,234.

AAVE price prediction for 2029

The AAVE forecast for 2029 estimates a minimum price of $1,578.36, a maximum price of $1,731.11, and an average price of $1,654.73.

AAVE price prediction for 2030

The AAVE price prediction for 2030 suggests a minimum price of $1,832.93 and an average price of $1,909.31. The maximum forecasted AAVE price is set at $1,985.68.

Aave Price Prediction 2024-2030
AAVE price prediction 2024-2030

AAVE market price prediction: Analysts’ AAVE price forecast

Firm 2024 2025
Changelly $239.76 $260.76
DigitalCoinPrice $233.19 $557.92
CryptoPredictions $251.38 $297.81

Cryptopolitan’s Aave (AAVE) price prediction

According to our AAVE price forecast, the coin’s market price might reach a maximum value of $290.89 by the end of 2024. Looking forward to 2026, the average Aave price could surge to $560.56.

AAVE’s historic price sentiment

Aave Price History
AAVE price history ⏐ Coinmarketcap
  • 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. The coin reached a peak price of $212.09 in November, and in December, AAVE is trading within the range of $321.69 – $343.25.





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