Aave Price Surge: Can AAVE Hit $215 Soon?

• Aave (AAVE) shows a short-term price recovery at $183.75, rising 5.46% in the last 24 hours.
• Analysts caution that AAVE is at a crucial technical juncture, with potential for either a rebound or further decline.
• Market projections suggest a possible long-term target near $215, though previous highs above $600 remain significant resistance.

Aave (AAVE) is currently trading at $183.75, marking a 5.46% increase in the past 24 hours. Despite the uptick in price, trading volume has declined, with $295.67 million exchanged in the same period, a decrease of 19.11%. Over the past seven days, the token has experienced a slight dip, with its price down 4.2% from $183.84.

The mixed performance highlights ongoing market volatility, as investors remain cautious amid shifting technical signals. Aave’s price fluctuations continue to reflect broader trends in the DeFi sector, which has faced headwinds from both regulatory scrutiny and changing investor sentiment.

Aave at a Critical Decision Point

According to CryptoPulse, AAVE recently displayed early signs of an ascending channel breakdown, a technical formation that may indicate a potential downward trend.

If Aave can reclaim the channel promptly, analysts suggest the breakdown could prove temporary, potentially paving the way for a retest of the upper channel near $215. Conversely, failure to regain the channel could exacerbate selling pressure, pushing the token toward the next significant support zone around $130. 

This scenario underscores the importance of near-term market movements for traders and investors monitoring DeFi assets.

Also Read | AAVE Price Could Retest $215 After SEC Investigation Concludes Today

AAVE Price Prediction for 2025

According to DigitalCoinPrice, AAVE could reach the $215.19 range by the end of the year, provided current recovery trends persist. While the token has previously reached an all-time high of $666.86, breaking this record appears unlikely in the immediate term.

Investors and market leaders anticipate that Aave may stabilize between $206 and $215 if bullish momentum continues. The forecasts highlight both the potential for moderate gains in the short term and the enduring challenge of surpassing historical highs. 

As Aave navigates these critical levels, market participants are advised to monitor technical indicators closely and consider both upside potential and downside risks.

Also Read | Aave at a Critical Crossroads: Explosive $230 Rally Could Be Next