Aave Weekly Price Analysis: AAVE Maintains Key Support Level Despite Market Fluctuations

Is Aave on your bucket list for potential investment? If you’re seeking a detailed price analysis to back your decision, this is for you. AAVE price has seen significant up and down throughout the week but still maintaining key support and resistance levels. The market sentiment reflected a balanced tug of war between the bulls and the bears. Let’s dive into its weekly AAVE price trend using indicators like MACD and RSI and try to predict its future movements.

Aave Weekly Price Analysis from 8th to 15th March

The trading week started with the prices following a downtrend path displaying bearish sentiment prevailing in the market. The weekly support and resistance level stands at $158 and $200 respectively. At 10:30 UTC 8th March, a golden cross constructed on the MACD line aligning with the previous RSI indication where the RSI level reached below 30 signalling oversold market and bullish trend ahead starting a new uptrend channel. The prices soon reached the resistance level and started facing selling pressure when the death cross appeared at 01:00 UTC, 9th March. Shortly after the coin entered another downtrend channel with the bearish momentum reinforced with the formation of another death cross at 16:00 UTC, leading to a steep fall in prices. The price soon finds the support from further fall when the RSI level reached below 30 signalling oversold condition for the coin.

Chart 1, Analyzed by Alokravantmedia published on March 15, 2025.

By 10th March 00:05 UTC, the prices entered a new uptrend channel following a golden cross constructed on the MACD line corroborated by oversold signal from RSI. This price rise marks the recovery phase rebounded towards the resistance level.  The bullish momentum soon face the resistance when a death cross appeared at 13:00 UTC, resulting in a steep price fall with a spike observed at 14:00 UTC. 

AAVE Recovery and Trading Range 

By 11th March, the prices stabilized and entered a new trading range hovering around $163 and $186. At 03:00 UTC, a golden cross appeared pushing the prices upward toward the upper boundary of the range. By 12:00 UTC, a death cross formed pulling the prices back to the support level. The tug of war continues between bullish and bearish forces within the trading range, with frequent occurrence of golden and death cross on the MACD, which continued till 13th March.  By 14th March 00:05 UTC, a golden cross appeared supported by oversold signal from RSI starting a moderate uptrend channel which continues to the next trading day, the 15th of March.

AAVE Price Prediction: Breakout or Further Decline?

The AAVE price trend for the week shows significant buying and selling pressure from both sides of the market, leading to high fluctuations in the coin prices. The Aave weekly price analysis suggests that if the bullish momentum holds the market and has been successful in the breakout of the current resistance level of $200, a bullish signal could emerge, potentially leading to new support and resistance levels. However, failing to break through the level and strengthening of the bearish momentum could also result in further consolidation of prices, reducing it to lower support levels. The Aave weekly price analysis indicates that traders should monitor confirmation from signals like MACD and RSI to ascertain the subsequent course of action.