Crypto analyst Michaël van de Poppe believes AAVE price could reach $450 to $600 in the coming months.
Key Resistance and Support Levels
To establish bullish momentum, AAVE needs to surpass resistance in the $473.13–$546.54 range. The key support zone stretches from $113.51 to $72.40, providing potential for a market rebound.
Potential Reversal Signals
Current AAVE activity indicates oversold conditions at $215.47. The Relative Strength Index is at 39.84, showing oversold conditions. MACD indicators show a bearish trend, with hints of a possible bullish crossover ahead.
Futures and Trader Sentiment
AAVE futures show open interest at $212.27 million with a 0.98% decrease. Positive funding rates suggest bullish sentiment among market participants.
AAVE price growth requires surpassing the $300 mark. Future economic data may influence market movement.
