AAVE Near $352 Could Advance Toward $628.5 and $1,205 After Reversing Multi-Year Downtrend

AAVE

AAVE/USDT

$121.53
-4.73%
24h Volume

$398,952,137.46

24h H/L

$128.80 / $119.13

Change: $9.67 (8.12%)

Funding Rate

+0.0048%

Longs pay

Data provided by COINOTAG DATALive data
AAVE
AAVE
Daily

$119.66

-3.31%

Volume (24h): -

Resistance Levels
Resistance 3$141.6417
Resistance 2$130.1333
Resistance 1$123.7467
Price$119.66
Support 1$115.66
Support 2$109.6264
Support 3$82.6365
Pivot (PP):$121.4367
Trend:Downtrend
RSI (14):28.6
(02:16 PM UTC)
6 min read

Contents

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  • AAVE has broken above $348.88 with strong volume, signaling renewed bullish continuation.

  • Key support holds at $300; a decisive close above $360 would open targets above $400 short-term.

  • If momentum continues, AAVE could advance ~72% to $628.5, with $1205.11 as the next major resistance.

AAVE price outlook: trading near $352 with bullish momentum; watch $360 resistance and $300 support for next move. Read analysis and targets.

What is the current AAVE price outlook?

AAVE price is trading around $352 following a rebound from corrective lows in 2025. The market shows a short-term bullish structure of higher highs and higher lows, with immediate resistance at $360 and critical support near $300 guiding the next directional move.

How did AAVE break the downtrend and what does the structure show?

AAVE reversed a multi-year downtrend that began in mid-2021 and formed an accumulation phase through 2023. Chart structure now shows consistent higher highs and higher lows, indicating sustained recovery. Volume confirmation during the breakout above $348.88 supports validity of the move.


What key technical levels and indicators are shaping the move?

The $348.88 level acted as a critical resistance and the price broke above it with volume near 100.82K, confirming buying pressure. The middle Bollinger Band around $300 serves as primary support, while the lower band at $251.01 limits downside risk.

RSI reading near 65.11 indicates strong momentum but shows approach toward overbought territory. Sustained closes above $350–360 would increase odds of reaching $400+ short-term, while rejection could retest $300–310 support.

AAVEUSDT 2025 08 23 09 42 26 1
AAVE/USDT 1-day price chart, Source: TradingView

When should traders watch for confirmation of a breakout?

Watch for daily closes above $360 with above-average volume for breakout confirmation. A sequence of higher daily closes and rising volume would validate continuation toward $628.5. Conversely, consecutive rejections at $360 increase the likelihood of a pullback toward $300 support.

What are the primary upside targets and downside risk?

  • Immediate resistance: $360 — watch for volume-backed closes.
  • Intermediate target: $628.5 — ~72% from current levels; intermediate supply zone.
  • Major resistance: $1205.11 — long-term level if structure remains intact.
  • Key support: $300 (middle Bollinger Band); lower band at $251.01 offers downside protection.



Frequently Asked Questions

How can traders confirm AAVE’s breakout in simple terms?

Look for daily closes above $360 with above-average volume and a confirmation of higher highs and higher lows. Use RSI and Bollinger Bands to assess momentum and support zones.

What should long-term holders watch for?

Long-term holders should monitor whether AAVE maintains levels above $300 and watch the intermediate $628.5 and long-term $1205.11 resistance zones for potential distribution.

Key Takeaways

  • Breakout confirmed: AAVE cleared $348.88 with strong volume, signaling bullish continuation potential.
  • Critical levels: Immediate resistance $360; key support $300; intermediate target $628.5; long-term $1205.11.
  • Actionable insight: Monitor daily closes and volume above $360 for confirmation; manage risk if price falls below $300.

Conclusion

The AAVE price outlook is bullish while price holds above $300 and the market sustains momentum above $350–360. Short-term targets begin at $400, with a key intermediate zone at $628.5 and a higher resistance at $1205.11 if momentum endures. Traders should confirm breakouts with daily closes and volume, and maintain risk controls.







EW

Emily Watson

COINOTAG author

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