📈 Analysis and forecast for $AAVE : further prospects 🚀
As of May 24, 2025, 20:40 EEST, the rate $AAVE on Binance is $270.82, with a 4.5% increase over the last 24 hours. The trading volume for the day is about $1.27B, and the market capitalization is $4.12B (with a circulating supply of 15.01M AAVE). Sentiments on X are positive: users note bullish momentum, although some are waiting for a correction due to resistance at $274.
Technically, $AAVE in an uptrend. On the 4-hour chart, the price has broken the 50-day moving average ($252), and the RSI (14) at 61 indicates bullish momentum, but is close to overbought. Key levels: support — $265, resistance — $274. Breaking $274 could push the price to $290, but a drop below $265 would increase pressure towards $250.
Forecast: in the short term (until the end of May), AAWE could reach $290 if volume is maintained. By July 2025, a correction to $250 is possible due to overbought conditions, but with positive news, a rise to $305 is realistic. The long-term target for 2026 is $376+, provided that DeFi grows and integrates with new markets. Fundamentally, AAVE benefits from leadership in DeFi, support for RWA, and cross-chain lending, but competition with MakerDAO remains a challenge.
Further prospects? After a 4.5% increase and the current price of $270.82, movement towards $274–$290 is likely. Wait for confirmation above $274 to enter. For holders, profit taking is justified as we approach $290. High volatility and dependence on news require caution — watch the dynamics of BTC and volumes! #AAVE #Binance #CryptoAnalysis