AAVE's third wave shows potential for a 750% rally to $950 by 2025, backed by ascending channel dynamics and rising participation.
Daily charts reveal renewed strength, with price reclaiming key levels and volume surging as Bollinger Bands expand upward.
Weekly support alignment and higher lows since 2022 reinforce bullish momentum, pointing to sustained growth across timeframes.
AAVE has reclaimed key technical levels, triggering renewed bullish interest across weekly and daily timeframes. Chart patterns now suggest a developing third exponential wave with scope for massive upside.
Exponential Pattern Extends From Weekly Channel Base
Weekly structure from late 2022 to May 2025 outlines three distinct bullish waves inside a parallel ascending channel. The initial impulse pushed AAVE from $47 to $80, followed by a second surge to $400 before the price corrected to $120. That correction marked the formation of a clean higher low directly on the channel’s lower boundary.
The ongoing move has resumed upward alignment within the macro structure. AAVE price currently sits near $120, matching the origin of the previous wave and signaling symmetry in trend development. Weekly candles hold higher lows without breaching structural support, confirming sustained buyer strength across multi-week consolidations.
Source: Post on X
What stands out is the steepening slope of each wave. The second rise, from $80 to $400, outpaced the first and broke above the mid-channel line. This expansion reinforced the idea of increasing participation and rising confidence at each consolidation. With price now rebounding from the base of Wave 3, analysts anticipate a potential 750% rise to the $950 level before the end of 2025.
Daily Compression Break Suggests Short-Term Strength
On the daily chart, price shows a steady climb from April’s low near $110, bouncing off long-term support and re-entering key zones. The Bollinger Bands tightened significantly around the base, highlighting a shift from low volatility to an expanding breakout structure.
Source: Post on X
Since early May, AAVE has climbed back above the $250 mark, breaking into a prior support zone that acted as resistance during Q1. Momentum now leans bullish, with the daily candles closing consistently above the 20-day moving average. The midline of the Bollinger Bands holds as support, reflecting controlled pullbacks within an ongoing trend.
What’s more, volume has been rising in sync with price, particularly during resistance retests. The current daily close sits near $261, indicating firm buyer activity around the reclaimed green zone between $218 and $250. If that band holds, the next upside test may revisit the $300–$320 range from January.
Main Findings Point to $950 Target Structure
Analysts and market observers agree that the third wave is in motion and follows prior exponential behavior. Technical indicators confirm rising volume, expanding Bollinger Bands, and weekly support alignment. With no low violations since 2022, the structure favors continuation toward $950.
