AAVE Surges 40% Weekly, Eyes $455 Target

AAVE, a prominent decentralized finance token, has recently shown strong bullish signals, with its price surging above the $275 mark. This movement has triggered a weekly buy signal, indicating renewed market interest and potential for further price increases. The price of AAVE has been consolidating just below the $375 level, and a close above $300 could signal a continuation rally towards the $375 and potentially the $455 range.

The recent price action has reclaimed the cloud support range for the first time since mid-Q2 2024, suggesting a potential continuation rally. This technical setup is backed by a marked shift in price momentum and strategic trading signals, which have historically resulted in multi-week upward momentum. The cloud indicator, which has defined trend directions and support zones, suggests strong buyer presence as AAVE's price remains above it.

Over the past year, AAVE's price performance has shown significant resilience, rebounding from its 2023 lows near $50 and culminating in a strong recovery past the $200 resistance zone. The recent weekly close above $275 increases the probability of testing the $375 resistance again, with the next resistance sitting firmly at $375, followed by a broader upside target near $455. Volume profile analysis also shows increased trading activity near the $270–$290 range, confirming strong market participation.

Technical traders are eyeing key levels, with the current setup offering a confluence of bullish indicators. This setup is widely interpreted as a favorable signal for accumulation or position re-entry. Historical data reveals that AAVE's major moves often follow clear signals on higher timeframes, making the current weekly chart particularly compelling for both swing and long-term traders. Several institutional-grade analysis models support the thesis of trend continuation when paired with increasing weekly closes.

The broader crypto market has seen increased volatility, but assets like AAVE are demonstrating structured price behavior. The consolidation since mid-2024 now appears to be a platform for potential growth. With the cloud support holding and the recent breakout attempt underway, many are now watching for a clean close above $300. If achieved, it would invalidate the previous sell zone and reinforce bullish sentiment going into Q3 2025. Traders are positioning cautiously, anticipating the next decisive move.

The pivotal question remains: can AAVE sustain momentum long enough to reclaim the $455 zone before the end of Q3? The recent technical indicators and market participation suggest a positive outlook, but only time will tell if AAVE can maintain its upward trajectory.