The price of AAVE fell to $122.61, marking a 3.57% decline that underperformed the broader crypto market. Despite the downturn, some short-term models forecast a potential surge to $148.43 within five days. Market sentiment remains in a state of “Extreme Fear,” as indicated by a low reading on the Fear & Greed Index.
The DeFi token AAVE is trading at $122.61 after a 3.57% daily decrease. This drop exceeded losses seen in the overall cryptocurrency market and Bitcoin.
Short-term price models predict the token could reach $148.43 by February 24, 2026. This represents a potential 19.71% increase from current levels.
The token has declined 23.38% over the past month and 51.92% over the past year. It remains significantly below its all-time high of $664.97 from May 2021.
Key support levels to watch are $120.02, $116.85, and $112.60. Resistance levels are situated at $127.45, $131.70, and $134.88.
Market sentiment is negative, with the Crypto Fear & Greed Index showing a reading of 9 indicating “Extreme Fear.” Technical indicators show 24 bearish signals against 8 bullish ones.
The Relative Strength Index (RSI) stands at 45.61, suggesting a neutral position. AAVE currently trades above both its 50-day and 200-day Simple Moving Averages.
