$92.57
+ $3.88 (4.38%)
End-of-day quote: 2022-10-17
AAVE/USD

Is Aave currently in an uptrend?

According to analysts, the answer is no. Since April 5, 2022, Aave has been on a long-term downswing, decreasing in value by -58.11 percent. The 200-day moving average is currently 16.96 percent less than the current price, -7.81 percent less than the 100-day moving average, and -14.69% lower than the 50-day moving average.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The Aave Forecast for 2023

The one-year forecast is generally seen as the most accurate.

Some analysts were optimistic, predicting a 12-month price target of $107.39. Others were much less optimistic, with an anticipated price of $81.47.

The most recent average price target for the following year is $92.86, which is the most crucial number.

This indicates that Aave may rise by 0.31% over the next year.

AAVE - Relative Strength Forecast

Aave broke through the 25 strength line from above on 2022-08-25 and then changed into a weak trend, which thereby generated sell signals that lasted one month. Mid Oct 2022 we see how the relative strength falls from above 25 to below 25. Thus, Aave has been in a sell signal since 2022-10-17.

AAVE - Trend Prediction

AAVE - Price Volatility Prediction

From 09/13/2022 we see a strong Aave above the moving average causing rising prices of Aave. From early Oct 2022 we then see a strong Aave, which then triggers a buy signal.

AAVE - Relative Strength

From 08/13/2022 to 08/14/2022 Aave was so overbought that this led to a reversal trend. Mid Oct 2022 we then see Aave developing more and more weakness, which is a sell signal.

AAVE - Momentum Forecast

Mid Oct 2022 Aave left the oversold zone to the upside, which led to a short-term _-val__ change in trend. In October we then see weak volatility for Aave for a longer period of time which led to negative signals for Aave.

The Future of Aave In 2025-2030

The future of Aave looks bright according to thirteen analysts who predict that the cryptocurrency will reach $93.43 by March 2025. In five years, the price of Aave is expected to be $94.01, and by 2030, it is anticipated to reach $94.89.