AAVE price is showing strong bullish signals on both daily and hourly charts, hinting at a potential trend reversal after months of consolidation and decline.
Daily chart analysis reveals a robust breakout pattern with price currently trading at $259.88 and breaking above key moving averages, indicating a shift from bearish to bullish momentum.
Hourly chart shows AAVE price consolidating above key support levels, forming a bullish flag pattern, with potential for another upward impulse towards key resistance levels at $280 and $300.
Key levels to watch include support at $257 and $231, and resistance at $265, $280, and $300. AAVE price prediction for the next 7 days suggests a potential test of $265-$270 with a high probability of reaching $300 in the near future.