After a 44% Pump in 48 Hours: Is it Time to Buy AAVE Again?
AAVE, a well-known DeFi token, is making headlines again. Recently, AAVE experienced significant price volatility, including a substantial 44% pump in just 48 hours. The question on everyone's mind: Is it time to buy AAVE again?
This follows another notable surge, with some sources reporting AAVE Crypto Soaring 20% in 24 Hours. What's behind this renewed interest and can it be sustained?
AAVE's Bullish Momentum
AAVE's movement has been closely watched, particularly as it emerged from a period of lackluster performance since February. But now, important updates are fuelling bullish sentiment. In fact, AAVE price has surged 220% this year and 110% in the last 30 days, demonstrating strong bullish momentum.
The recent pump can be attributed, in part, to positive developments within the AAVE ecosystem. AAVE’s V3 update went live on 16 March, featuring cross-chain transactions, lower gas fees, and increased network efficiency. This update is attracting users and investors alike, contributing to the increased demand for the token. As a result, the development activity tracker on Santiment soared to a 2-wk high.
AAVE Price Analysis: Where is it Headed?
AAVE is currently trading below its all-time high. The highest price ever recorded for AAVE was $666.86 in May 2025. It is currently 48.47% away from reaching that highest point again. This gap suggests potential upside for investors who believe in the long-term prospects of the protocol.
Technical indicators also paint an interesting picture. RSI at 59.2 indicates neutral-to-bullish momentum, suggesting that there's still room for growth before AAVE becomes overbought. Furthermore, some analysts noted that Aave's price surged 45% over the week following the WLFI buying ETH, LINK, and AAVE.
Potential Risks and Considerations
While the recent performance is encouraging, it's essential to approach any investment with caution. Crypto markets are inherently volatile, and sudden price corrections are always a possibility. Despite a bullish trend, crypto analysts predict a potential pullback before it continues its upward trajectory.
Final Take: Is Now a Good Time to Buy AAVE?
The decision to buy AAVE depends on your individual risk tolerance and investment strategy. AAVE price is sending strong bullish signals on both the daily and hourly charts. After months of consolidation, AAVE appears to be breaking out.
However, remember to conduct thorough research, consider the potential risks, and consult with a financial advisor before making any investment decisions. The information provided here is for informational purposes only and should not be construed as financial advice.