The AAVE token has dropped to approximately $115, declining nearly 4% in the last day alongside a broader market downturn. Technical analysis shows a bearish sentiment with 25 of 29 indicators signaling further downside, though the token trades above key moving averages. Despite a five-day projection forecasting a rise to $137.53, the market environment remains in a state of Extreme Fear, casting significant doubt on such a recovery.
The AAVE token has diminished in price to $114.62, falling 3.75% over the last twenty-four hours. This decline slightly underperformed the broader cryptocurrency market average for the same period.
The token has dropped 27.18% during the past 30 days and 53.88% throughout the entire year. On this day last year, it traded at $248.51, as stated in CoinCodex data.
Market sentiment is bearish, with 25 of 29 tracked indicators pointing to further downside. The Fear & Greed Index sits at 5, indicating a climate of Extreme Fear.
The Relative Strength Index (RSI 14) reads 43.37, placing AAVE in neutral territory. The token currently trades above both its 50-day and 200-day Simple Moving Averages, which can act as dynamic support.
Key price supports are identified at $116.26, $114.67, and $111.98. Resistance levels wait at $120.55, $123.24, and $124.83.
A latest projection estimates the token’s value will rise to $137.53 by February 28, 2026. The overall market remains unstable (unpredictable), making the projection virtually impossible to achieve.
The cryptocurrency remains well below its previous all-time high of $664.97. The current cycle high is $398.10, and the low is $45.88.
