Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Crypto does shock deliver? Bitcoin and Ethereum leave scholarships at a record pace

2025-05-21

Sony announces the Mavet launch of Soneium Blockchain

2025-05-21

From technology to travel – there is a .hub for that

2025-05-21
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Sony announces the Mavet launch of Soneium Blockchain

    2025-05-21

    Nitro Labs launches data anchor to lower the storage costs of Solana

    2025-05-21

    Zimbabwe rolls out blockchain-based carbon credit market system

    2025-05-21

    Kalp Network Partners with Luffa to stimulate Web3 Privacy and RWA access

    2025-05-21

    Smarter athlete data via PSG Labs and Joint Innovation Studio

    2025-05-21
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Mike Novogratz says that weakening dollars, broadening the shortage and the deteriorating financial situation of America ‘very good’ for Bitcoin and Crypto

    2025-05-21

    Does the XRP price mirror the Rally of 2017? Analyst points to agreements

    2025-05-21

    Bitcoin breaks $ 109k ATH to enter the price discovery again

    2025-05-21

    XRP – Price coil for an outbreak – is the next leg on hands?

    2025-05-21

    Bitcoin Whale places 40x leverage of $ 830 million long position on hyperliquid

    2025-05-21
  • Learn

    What Is a DEX (Decentralized Exchange)?

    2025-05-21

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»AAVE ready for a possible breakout, analyst predicts a price target of $180-200
Altcoins

AAVE ready for a possible breakout, analyst predicts a price target of $180-200

2024-09-09No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email
  • AAVE targeted $180-$200 as a bullish pennant shape, signaling strong market potential going forward.
  • The increased volume and MACD crossover indicated bullish momentum, but traders were eyeing a possible pullback.

Aaf [AAVE] is on the verge of a new bullish breakout, according to to crypto analyst World of Charts.

The analyst predicted that AAVE’s price could quickly move towards $180-$200 if a bullish pennant pattern plays out successfully.

At the time of writing, AAVE was trading at $134.67representing an increase of 6.30% in the last 24 hours and an increase of 9.40% in the last seven days.

This outlook follows a recent prediction from the same analyst on September 4, where AAVE posted a gain of almost 24% and has now broken a new bullish pennant pattern within the one-hour time frame.

World of Charts predicted a potential price increase of 20-25% if this trend continues.

Technical indicators indicate bullish sentiment

The AAVE chart indicated a strong upward move with the price surpassing the key resistance level at USD 130. The Bollinger Bands widened, indicating increased market volatility.

The price was trading near the upper band, which could indicate overbought conditions, but the 20-period moving average provided support, indicating continued bullish momentum.

Source: TradingView

Furthermore, the MACD indicator reflected continued bullish momentum, with the MACD line crossing above the signal line.

Although the histogram bars are shrinking, indicating a possible weakening in momentum, traders are closely monitoring a possible bearish crossover.

Such a signal could lead to a trend reversal in the short term.

Trading volume reflects buyer interest

The recent price increase of AAVE has been supported by an increase in trading volume. Over the past 24 hours, AAVE has seen trading volume of $338,983,007, indicating strong buyer interest.

See also  XRP - Price repairs the soil - Has a larger push just started?

However, volume is starting to show signs of a slight taper, raising concerns that buying pressure may ease.

Analysts are paying close attention to any volume spikes that could confirm the continuation of upward momentum or signal the start of a correction.

The AAVE network has also shown consistent growth in user activity. As of September 2024, the total number of addresses with a balance has reached approximately 161.95k.

This growth trend reflects strong user retention and increased interest in the protocol, despite continued fluctuations in AAVE’s price.

Source: IntoTheBlock

According to data reported According to AMBCrypto, the AAVE/USDT pair has shown steady price increases, forming a pattern of higher highs and higher lows.


Read Aave’s [AAVE] Price forecast 2024–2025


The weekly candle recently closed above the true close of a consolidation range that has lasted for more than 800 days.

Should the price of AAVE experience a decline, analysts suggest that the $108 support zone will be crucial for maintaining the uptrend.

Next: Sony’s Soneium: impact on the crypto market after the launch of the testnet

Source link

Aave Analyst Breakout Predicts Price ready Target
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Solana’s Bonk focuses on 77% corrective movement after withdrawing to 200 EMA

2025-05-21

Does the XRP price mirror the Rally of 2017? Analyst points to agreements

2025-05-21

Trump: 73.64% of investors expect a rally – will they be right?

2025-05-21

Bitcoin breaks $ 109k ATH to enter the price discovery again

2025-05-21
Add A Comment

Comments are closed.

Top Posts

Best Growth Stocks to Buy in 2024

2024-04-26

XRP Bulls ready to charge – Upside Break May Spark Rally

2025-03-13

NFT Clash: Will Bitcoin Finally Outsell Ethereum in March?

2024-03-22
Editors Picks

This is so nerdy it could actually work!

2024-03-28

Chromia introduces Filehub for secure and scalable data storage

2024-10-12

L2 scaling challenges could undermine the long-term security of Ethereum and Bitcoin

2024-10-07

OKX improves cross-chain token transfers with Orbit Bridge integration

2023-11-14
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Crypto does shock deliver? Bitcoin and Ethereum leave scholarships at a record pace

Sony announces the Mavet launch of Soneium Blockchain

From technology to travel – there is a .hub for that

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$111,326.344.12%
  • ethereumEthereum(ETH)$2,621.082.91%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.412.07%
  • binancecoinBNB(BNB)$686.653.48%
  • solanaSolana(SOL)$176.063.59%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2402384.60%
  • cardanoCardano(ADA)$0.794.69%
  • tronTRON(TRX)$0.2709960.49%
  • suiSui(SUI)$4.034.14%
  • chainlinkChainlink(LINK)$16.383.22%
  • hyperliquidHyperliquid(HYPE)$30.3814.83%
  • avalanche-2Avalanche(AVAX)$23.765.56%
  • stellarStellar(XLM)$0.2984773.48%
  • shiba-inuShiba Inu(SHIB)$0.0000153.04%
  • hedera-hashgraphHedera(HBAR)$0.2006352.81%
  • bitcoin-cashBitcoin Cash(BCH)$419.135.93%
  • unus-sed-leoUNUS SED LEO(LEO)$8.890.96%
  • the-open-networkToncoin(TON)$3.121.23%
  • polkadotPolkadot(DOT)$4.852.43%
  • litecoinLitecoin(LTC)$99.244.58%
  • moneroMonero(XMR)$396.6110.36%
  • bitget-tokenBitget Token(BGB)$5.353.21%
  • piPi(PI)$0.84-0.92%
  • pepePepe(PEPE)$0.0000143.74%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • bittensorBittensor(TAO)$463.6410.27%
  • uniswapUniswap(UNI)$6.400.49%
  • aaveAave(AAVE)$254.52-1.59%
  • nearNEAR Protocol(NEAR)$2.944.09%
  • aptosAptos(APT)$5.373.46%
  • okbOKB(OKB)$53.091.60%
  • ondo-financeOndo(ONDO)$0.994.47%
  • ethereum-classicEthereum Classic(ETC)$19.535.22%
  • kaspaKaspa(KAS)$0.1130891.87%
  • internet-computerInternet Computer(ICP)$5.482.72%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.50-0.56%
  • gatechain-tokenGateToken(GT)$21.941.83%
  • crypto-com-chainCronos(CRO)$0.0987501.52%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2469066.65%
  • vechainVeChain(VET)$0.0298814.43%
  • render-tokenRender(RENDER)$4.924.79%
  • mantleMantle(MNT)$0.74-0.29%
  • ethenaEthena(ENA)$0.4043695.23%
  • usd1World Liberty Financial USD(USD1)$1.000.09%
  • arbitrumArbitrum(ARB)$0.4196765.41%
  • algorandAlgorand(ALGO)$0.2356994.75%
  • filecoinFilecoin(FIL)$3.024.37%
  • bitcoinBitcoin(BTC)$111,326.344.12%
  • ethereumEthereum(ETH)$2,621.082.91%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.412.07%
  • binancecoinBNB(BNB)$686.653.48%
  • solanaSolana(SOL)$176.063.59%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2402384.60%
  • cardanoCardano(ADA)$0.794.69%
  • tronTRON(TRX)$0.2709960.49%
  • suiSui(SUI)$4.034.14%
  • chainlinkChainlink(LINK)$16.383.22%
  • hyperliquidHyperliquid(HYPE)$30.3814.83%
  • avalanche-2Avalanche(AVAX)$23.765.56%
  • stellarStellar(XLM)$0.2984773.48%
  • shiba-inuShiba Inu(SHIB)$0.0000153.04%
  • hedera-hashgraphHedera(HBAR)$0.2006352.81%
  • bitcoin-cashBitcoin Cash(BCH)$419.135.93%
  • unus-sed-leoUNUS SED LEO(LEO)$8.890.96%
  • the-open-networkToncoin(TON)$3.121.23%
  • polkadotPolkadot(DOT)$4.852.43%
  • litecoinLitecoin(LTC)$99.244.58%
  • moneroMonero(XMR)$396.6110.36%
  • bitget-tokenBitget Token(BGB)$5.353.21%
  • piPi(PI)$0.84-0.92%
  • pepePepe(PEPE)$0.0000143.74%
  • daiDai(DAI)$1.000.01%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • bittensorBittensor(TAO)$463.6410.27%
  • uniswapUniswap(UNI)$6.400.49%
  • aaveAave(AAVE)$254.52-1.59%
  • nearNEAR Protocol(NEAR)$2.944.09%
  • aptosAptos(APT)$5.373.46%
  • okbOKB(OKB)$53.091.60%
  • ondo-financeOndo(ONDO)$0.994.47%
  • ethereum-classicEthereum Classic(ETC)$19.535.22%
  • kaspaKaspa(KAS)$0.1130891.87%
  • internet-computerInternet Computer(ICP)$5.482.72%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.50-0.56%
  • gatechain-tokenGateToken(GT)$21.941.83%
  • crypto-com-chainCronos(CRO)$0.0987501.52%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2469066.65%
  • vechainVeChain(VET)$0.0298814.43%
  • render-tokenRender(RENDER)$4.924.79%
  • mantleMantle(MNT)$0.74-0.29%
  • ethenaEthena(ENA)$0.4043695.23%
  • usd1World Liberty Financial USD(USD1)$1.000.09%
  • arbitrumArbitrum(ARB)$0.4196765.41%
  • algorandAlgorand(ALGO)$0.2356994.75%
  • filecoinFilecoin(FIL)$3.024.37%