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After weeks of stagnation, AAVE is finally rebounding, catching the attention of crypto investors once again. With aggressive buyback strategy, promising partnerships, and Could AAVE be on the brink of a significant bullish breakout in the crypto market? What do the charts say about AAVE’s technical movement? AAVE was a crucial resistance Aave (AAVE) has surged by 64.7% in less than a month. With such a strong rally, the question now is whether AAVE can continue its upward momentum or if it faces a potential The AAVE daily chart showed a high momentum price rally from $134 to $176 last week, accounting for a 32% growth. The bullish recovery backed by substantial volume gave a Strong Price Momentum: $AAVE is up 210% over the past year and 300% this quarter, currently trading around $260.4 with bullish momentum despite recent market AAVE’s weekly chart suggests a bearish trend, with the price forming a lower high compared to its all-time peak in May 2025. Analysts believe the recent price surge was a You might also like: Chart of the week: Is Aave on the brink of a breakout or pullback? From August 2 to August 5, Aave’s price action followed the pattern we predicted, hitting all four

Chart of the Week: Is AAVE on the Brink of a Breakout or Pullback?

After weeks of stagnation, AAVE is finally rebounding, catching the attention of crypto investors once again. But the crucial question remains: Could AAVE be on the brink of a significant bullish breakout in the crypto market, or are we looking at a potential pullback? Let's delve into the AAVE charts and analyze its technical movement.

Aave (AAVE) has surged by 64.7% in less than a month. With such a strong rally, the question now is whether AAVE can continue its upward momentum or if it faces a potential correction. This week's chart analysis focuses on deciphering AAVE's next move.

AAVE's Recent Performance: A Look at the Charts

The AAVE daily chart showed a high momentum price rally from $134 to $176 last week, accounting for a 32% growth. The bullish recovery backed by substantial volume gave hope for continued upward movement. But is it sustainable?

Strong Price Momentum: $AAVE is up 210% over the past year and 300% this quarter, currently trading around $260.4 with bullish momentum despite recent market fluctuations. This impressive growth is partially fueled by an aggressive buyback strategy and promising partnerships.

Bearish Signals on the Weekly Chart?

AAVE’s weekly chart suggests a bearish trend, with the price forming a lower high compared to its all-time peak in May 2025. Analysts believe the recent price surge was a temporary relief rally within a broader downtrend.

AAVE's Technical Analysis: Resistance and Support Levels

AAVE was a crucial resistance point, and overcoming this resistance would signal a stronger bullish case. However, failure to break through could indicate an impending pullback.

From August 2 to August 5, Aave’s price action followed the pattern we predicted, hitting all four specified targets. This accuracy further highlights the importance of continuous chart monitoring and analysis.

Conclusion: Breakout or Pullback?

The future of AAVE is uncertain, with both bullish and bearish signals present. While recent gains are impressive, the long-term trend suggests caution. Keep a close eye on key resistance levels and volume indicators to anticipate AAVE's next move. Is it a breakout, or a pullback? Only time and the charts will tell.

You might also like: Chart of the week: Is Aave on the brink of a breakout or pullback?

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