AAVE Price Could Surge to $3,500 Amid Bullish Projections
The AAVE price experienced significant volatility last week, initially dropping below $300 before rebounding to around $340 on January 31st.
AAVE Price Projections
- Analyst Ali Martinez predicts a potential rally exceeding 6,400% by the end of the current cycle.
- This projection is based on AAVE’s interaction with the TD Sequential resistance trendline.
- If AAVE breaks through the current resistance near $350, it could aim for a price of $3,500.
Current Performance
- AAVE's current price is approximately $337, reflecting a 7% increase in 24 hours.
- Over the past week, AAVE has decreased by 1%.
- Key resistance levels are identified at $243 and $365 due to substantial token purchases (1.3 million and 971,000 tokens).
- Overcoming these resistance zones is essential for a bullish breakout.
