AAVE’s SuperTrend indicator flipped bullish for the third time in history, previously leading to major multi-month rallies.
Historical flips saw AAVE surge 867% in 2020 and 551% in 2024 before entering consolidation phases.
Current price stands at $305.65, with a 20.21% weekly gain and rising trading volume above $545 million.
AAVE has registered a bullish SuperTrend signal on its weekly chart, marking the third such event in its recorded history. Previous occurrences of this signal preceded sharp multi-month rallies, making the current technical setup one of market interest.
AAVE Bullish SuperTrend Signal Flashes for Third Time
A chart shared on social platform X by analyst @ali shows the SuperTrend indicator turning bullish for AAVE at its current $305.65 level. The same buy signal in late 2020 preceded a rally from $30–$40 to above $500, delivering gains of about 867%.
A second occurrence took place in early 2024, when AAVE traded near $60–$70. This bullish phase extended until it reached approximately $360, marking a 551% gain before consolidating. The latest flip now positions AAVE for potential upside if historical patterns repeat.
Price Performance and Trading Volume Strengthen Market Focus
At press time, AAVE has recorded a 1.34% gain over the past 24 hours and a 20.21% increase over the week. Trading volume stands at $545,907,790, reflecting active participation around the signal confirmation.
The chart illustrates each bullish flip with “Buy” markers, accompanied by shaded regions indicating sustained upward trends after each occurrence. Such visuals show the persistence of trend strength when the SuperTrend has flipped bullish on this timeframe.
Potential Targets and Market Considerations
If a rally follows the pattern of past flips, AAVE could extend toward or beyond prior highs relative to the current level. The broader market’s liquidity and sentiment will remain factors influencing the extent of any advance.
Historical data demonstrates that both previous bullish flips coincided with multi-month upward cycles, supported by broader market momentum. While past patterns are not predictive guarantees, the recurrence of this signal places AAVE under closer technical observation.
