Aave price (AAVE) slipped sharply as the U.S. session began on Friday. The price opened higher and touched a high of $207 in the early trading hours. However, the bulls could not sustain the gains amid a broader cryptocurrency weakness and dropped below $190.
Still, AAVE looks set to for a three-week uptrend, while also bracing for the first monthly gain in four. However, the quote is down 33% in 2025 as it snaps a two-year winning streak.
Apart from the overbought stochastic and the upper BB, sluggish trading volume also challenges the Aave buyers, even as the market capitalization (market cap) hits a month’s high. That said, Aave’s daily trading volume stays lackluster around $388.94 million after reversing from a month’s high on Monday, whereas the market cap flashes the monthly top near $3.13 billion.
Notably, a softer U.S. Dollar and the early-week breakout of a descending resistance line from August join the aforementioned catalysts to keep the AAVE buyers hopeful, despite potential pullback signals from the technical analysis.
Also read: Bitcoin Exchange Reserves Drop to Year Low, Are Investors Missing Bullish Signal?
Aave Price: Daily Chart Suggests Gradual Run-Up
Aave’s successful breakout of a descending resistance line from August 23, now support near $175.00, join a sustained trading past a three-week trendline support to keep the buyers hopeful.
However, the overbought stochastic conditions, well beyond the 80.00 upper limit, joins the upper BB, close to the $208.00 mark, challenge the AAVE’s intraday upside.
Notably, the $210.00 threshold may act as an additional upside filter for the Aave price beyond $208.00.
In a case where the quote remains firmer past $210.00, the 100-day and 200-day Simple Moving Averages (SMAs), respectively near $236.00 and $262.00, will be the last line of defense for the bears before directing prices toward October’s peak of $301.50 and then to the yearly high hit in August around $385.00.
On the contrary, the middle Bollinger Band joins an ascending trendline from November 21, close to $187.00, to restrict short-term AAVE pullback.
Below that, the aforementioned previous resistance line from August, near $175.00, and the lower BB of $167.00, can test the bears ahead of highlighting the lows marked in November and April, around $147.00 and $115.00 in that order.
Overall, the daily chart highlights the bullish bias toward the AAVE, even if a short-term pullback looks imminent.
Aave Price: Four-Hour Chart Highlights Bullish Channel
On the four-hour chart, Aave price remains firmer within a month-long ascending trend channel bullish formation.
In doing so, the AAVE extends the early-month breakout of the 200-bar SMA.
Still, the overbought stochastic momentum indicator could join the stated bullish channel’s top, close to $210.00, to challenge the short-term AAVE upside.
Beyond that, 50% and 61.8% Fibonacci retracements of its October-November downturn, near $225.00 and $243.00, respectively, could test the AAVE buyers before directing them to the daily chart’s higher levels.
On the downside, the 200-bar SMA of $185.00 restricts the short-term Aave price decline.
However, major attention will be given to the aforementioned bullish channel’s bottom surrounding $178.00, a break of which will need validation from the $175.00 resistance-turned-support, mentioned on the daily chart, before highlighting the deeper levels discussed earlier.
Also read: Crypto Roundup: Bitcoin Slides Beneath $90K, Gold Approaches $4,250 on Fed 2026 Buzz
