Aave Price Stabilizes After 3 Month Decline VeChain Posts 11.69% Monthly Gain
The correction phase for Aave (AAVE) appears to have come to an end, with the asset exhibiting signs of stabilization after months of modest declines. Over the last month, Aave’s price has dropped by just under 1%, and over the past six months, it has fallen roughly 3%. Despite a sharper weekly decline of 13.12%, the market has shown resilience, with the price staying largely within its established range. This suggests that external market pressures have not driven significant downward momentum. The current trading range is between $232.83 and $313.54, with key support and resistance levels at $204.79 and $366.21, respectively. Negative technical indicators such as the Awesome Oscillator and Momentum Index suggest selling pressure remains dominant. However, a potential reversal could occur if buying interest returns, especially if the price breaks above $366.21[1].
VeChain (VET), on the other hand, has experienced a more pronounced swing in its price over the past six months. The asset recorded a monthly gain of 11.69% in the last 30 days, while declining by 36.67% over the previous six months. This short-term bounce has brought the price back from recent lows, though it remains under long-term bearish pressure. Currently, VET is trading between $0.0183 and $0.0291, with key resistance at $0.0350 and support near $0.0134. The RSI at 43.35 and slightly negative indicators signal cautious optimism in the short term, but the long-term trend remains unclear. Traders are advised to watch for a breakout above $0.0350 as a potential bullish signal or a drop below $0.0134 as a sign of deeper selling pressure[1].
Both Aave and VeChain show signs of potential recovery, with Aave appearing to stabilize and VET showing a short-term rebound from key support levels. Investors are being encouraged to monitor these price movements closely, particularly Aave’s ability to break above key resistance and VET’s potential for sustained upward momentum. The technical landscape remains uncertain, but the combination of current price levels and market sentiment could present strategic entry opportunities for those considering adding these assets to their portfolios. The article emphasizes the importance of careful risk management, such as placing strategic stop-loss orders, to navigate the volatile nature of these markets[1].
Source: [1] Aave Retreat Phase Ends And VeChain Can Skyrocket From Local Support – Should You Load AAVE & VET Now? (https://bitzo.com/2025/08/aave-retreat-phase-ends-and-vechain-can-skyrocket-from-local-support-should-you-load-aave-vet-now)

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