AAVE, which showed an initial spike, has entered a descending channel, with no upward movement due to mixed technical indicators. AAVE price keeps finding a barrier at the resistance zone, whereas ongoing support persists. The RSI and MACD have been showing weakening bullish signals lately, with the MACD very close to a potential crossover. Despite some short recoveries, the trend of AAVE still looks quite uncertain, with the token unable to find any strong directional bias.
Intraday charts testified to several breakout attempts over key levels but lacked follow-through to confirm movements, reiterating the current consolidation. Traders are now looking at confirmation for the next move. This implies that for now, the AAVE token is within a range. Let’s look into support and resistance levels in more detail.
AAVE Price Analysis of the Last 24 Hours
AAVE moved upwards and lowered its price to around $138-$150. On April 21, at 02:00 UTC, a MACD Death Cross signified bearish momentum; a few moments later, it was quickly replaced by several golden crosses that indicated bullish recovery phases throughout the session. There was a clear breakout from the zone of support at 17:40 UTC that shoved AAVE into its runaway range. Again, during 18:20 UTC, MACD showed a golden cross, but it was strong enough to reconfirm the upward bias.
Chart 1, analysed by Anushri Varshney, published on TradingView, April 22, 2025
At this time, it correlated with RSI rising into the overbought zone around 19:00–22:00 UTC, indicating possible reversal risk. The overbought RSI appeared multiple times, followed by pushback or a range-bound movement. Near 16:30 UTC, RSI dipped into the oversold region, supporting a bounce that matched with the Golden Cross, confirming price recovery. At 03:00 and 10:00 UTC on April 22, MACD figures displayed Death Crosses, hinting that momentum was starting to fade again, which also resonated with RSI hitting overbought levels at 04:00 UTC, strengthening downside risk.
Despite the many changes in momentum, the AAVE Price managed to cling to the $148 resistance zone, showing indecisiveness in winning the bullish momentum. Currently, the AAVE token is trading at around $147, still below resistance. It is best that traders pay close attention to MACD and RSI signals as volatility is expected to remain in the market. A clear break above $148 may provide subtle opportunities for rallies, while rejection at this level will likely pull the price back toward the $139 support.
AAVE Price Prediction for April 22, 2025
On April 22, current support and resistance levels from yesterday still apply to the AAVE Token today, with the support at around $138 and the resistance still holding at $150. At this juncture, the AAVE Price has no directionally significant momentum, ranging tightly along this length. A concrete breakout above the resistance of $150 could drive the price forward towards $152 or higher, while running below the support at $138 could send it into a decline toward the $136 level. The AAVE Trend on a higher timeframe, indicating consolidation, also hints that prior breakout attempts lacked follow-through. Hence, market conviction has to be aggressive or a fundamental force needed for range expansion.
Range Holds, Momentum Poised: AAVE Price Outlook
AAVE price predictions for 2025 are going cautiously bullish because most analysts expect the AAVE token to be traded in broader ranges due to market volatility. According to estimates, the price of AAVE could get as high as $301.99, with most of the predictions landing in and around the $140 to $200 range, depending on how well the crypto market is doing at that time and what kind of traction the Aave DeFi protocol has gained. According to technical analysis, although AAVE has proven to be a potential grower, the price action remains sensitive to macroeconomic changes and events in the sector.
About The Author
