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Reading: Aave Price Forecast for September 28: AAVE Technical Insights[embed]https://www.youtube.com/watch?v=oB1q7QuVHyU[/embed][embed]https://www.youtube.com/watch?v=1zwEnNHirEo[/embed]
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Kriptoteka > Market > Ethereum > Aave Price Forecast for September 28: AAVE Technical Insights[embed]https://www.youtube.com/watch?v=oB1q7QuVHyU[/embed][embed]https://www.youtube.com/watch?v=1zwEnNHirEo[/embed]
Ethereum

Aave Price Forecast for September 28: AAVE Technical Insights[embed]https://www.youtube.com/watch?v=oB1q7QuVHyU[/embed][embed]https://www.youtube.com/watch?v=1zwEnNHirEo[/embed]

marcel.mihalic@gmail.com
Last updated: September 29, 2024 5:51 am
By marcel.mihalic@gmail.com 9 Min Read
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<div wp_automatic_readability="130.59734141006">

        <div class="telegrame_cta_content"><div class="wrap" wp_automatic_readability="5.3142857142857"><div class="telegrame_cta_content_inr" wp_automatic_readability="28.342857142857"><p>Join Our <u><a href="https://t.me/insidebitcoins" target="_blank" rel="noopener">Telegram</a></u> channel to stay informed about the latest breaking news.</p>
</div></div></div><p>Aave's price forecast indicates ongoing momentum as AAVE soars towards a resistance mark of $172.49.</p>
<h2>Aave Price Prediction Statistics:</h2>
<ul>
<li>Current Aave price – $169.52</li>
<li>Market capitalization of Aave – $2.52 billion</li>
<li>Circulating supply of Aave – 14.9 million</li>
<li>Coinmarketcap ranking of Aave – #38</li>
</ul>
<p>Aave has demonstrated significant price fluctuations, experiencing a 24-hour range from $163.63 to $172.00. Despite its present valuation, the token previously peaked at an all-time high of $666.86 on May 18, 2021, indicating a decline of 74.85%. This drop from its peak underscores the volatile nature of its market performance, presenting potential future prospects for vigilant investors.</p>
<h2>AAVE/USD Market Overview</h2>
<p>Key Levels:</p>
<p>Resistance levels: $195, $200, $205</p>
<p>Support levels: $145, $140, $135</p>
<figure id="attachment_581028" aria-describedby="caption-attachment-581028" style="width: 1437px" class="wp-caption alignnone"><picture decoding="async" class="wp-image-581028 size-full">
<source type="image/webp" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEUSD_27092024.png.webp 1437w, https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEUSD_27092024-300x154.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEUSD_27092024-1024x526.png.webp 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEUSD_27092024-768x394.png.webp 768w" sizes="(max-width: 1437px) 100vw, 1437px"/>
<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEUSD_27092024.png" alt="Aave Price Prediction for Today, September 28 – AAVE Technical Analysis" width="1437" height="738" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEUSD_27092024.png 1437w, https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEUSD_27092024-300x154.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEUSD_27092024-1024x526.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEUSD_27092024-768x394.png 768w" sizes="(max-width: 1437px) 100vw, 1437px"/>
</picture>
<figcaption id="caption-attachment-581028" class="wp-caption-text">AAVEUSD – Daily Chart</figcaption></figure>
<p><a href="https://coinmarketcap.com/currencies/aave/">AAVE/USD is trading close to prominent resistance levels above the 9-day and 21-day moving averages</a>. On the daily chart, Aave is nearing the upper boundary of a long-term rising channel, a level that has historically encountered resistance. The ongoing price trend indicates that AAVE/USD may face resistance, but its current position near the resistance deserves careful monitoring. Over the last two days, the price has fluctuated near the resistance level, with a recent candlestick indicating a possible rejection, although AAVE remains near the threshold.</p>
<h2>Aave Price Forecast: What’s Next for Aave</h2>
<p>Recently, Aave's price has climbed from $160 to $172 and could potentially break above the channel's upper boundary if buying pressure intensifies. A notable technical milestone is the breakout above the moving averages, which signals bullish sentiment and may indicate a change in AAVE's trend. Traders are keenly observing whether an upward break could facilitate a successful advance beyond the current resistance.</p>
<noscript></noscript>
<p>If bullish momentum continues, AAVE may challenge further resistance levels at $195, $200, and $205. Conversely, a downward trend could pull the market below the 21-day moving average towards the initial support level at $163, with critical support levels at $145, $140, and $135. Thus, as trading volume increases, the technical indicator for the 9-day MA hovering above the 21-day MA could still signify a bullish outlook for the market.</p>
<h2>AAVE/BTC: Bullish Momentum Persists</h2>
<p>In the BTC market, Aave is trading near the top end of the channel, above the 9-day and 21-day moving averages. The price is currently at 2553 SAT, with the 9-day moving average indicating dominance over the 21-day moving average. The daily chart suggests that buyers may continue to exert influence, as the market price appears to break out of the channel.</p>
<figure id="attachment_581027" aria-describedby="caption-attachment-581027" style="width: 1437px" class="wp-caption alignnone"><picture decoding="async" class="wp-image-581027 size-full">
<source type="image/webp" data-lazy-srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEBTC_27092024.png.webp 1437w, https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEBTC_27092024-300x154.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEBTC_27092024-1024x526.png.webp 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEBTC_27092024-768x394.png.webp 768w" srcset="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201437%20738'%3E%3C/svg%3E" data-lazy-sizes="(max-width: 1437px) 100vw, 1437px"/>
<img decoding="async" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201437%20738'%3E%3C/svg%3E" alt="Aave Price Prediction for Today, September 28 – AAVE Technical Analysis" width="1437" height="738" data-lazy-srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEBTC_27092024.png 1437w, https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEBTC_27092024-300x154.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEBTC_27092024-1024x526.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEBTC_27092024-768x394.png 768w" data-lazy-sizes="(max-width: 1437px) 100vw, 1437px" data-lazy-src="https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEBTC_27092024.png"/>
</picture>
<noscript><picture decoding="async" class="wp-image-581027 size-full">
<source type="image/webp" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEBTC_27092024.png.webp 1437w, https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEBTC_27092024-300x154.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEBTC_27092024-1024x526.png.webp 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEBTC_27092024-768x394.png.webp 768w" sizes="(max-width: 1437px) 100vw, 1437px"/>
<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEBTC_27092024.png" alt="Aave Price Prediction for Today, September 28 – AAVE Technical Analysis" width="1437" height="738" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEBTC_27092024.png 1437w, https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEBTC_27092024-300x154.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEBTC_27092024-1024x526.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/AAVEBTC_27092024-768x394.png 768w" sizes="(max-width: 1437px) 100vw, 1437px"/>
</picture>
</noscript><figcaption id="caption-attachment-581027" class="wp-caption-text">AAVEBTC – Daily Chart</figcaption></figure>
<p>If the bullish trend continues, anticipated resistance levels are at 3100 SAT and higher. Conversely, should a bearish trend take hold, it may lead to a downward adjustment attracting sellers with potential supports at 2000 SAT and lower.</p>
<p>Moreover, @SatsDoji, who boasts over 12,000 followers on X (formerly Twitter), has shared insights suggesting that $AAVE maintains a bullish outlook. He posits that the token seems to have emerged from its accumulation period, with signs of expansion visible. He believes a retest of this accumulation zone would present a prime opportunity for further investments, noting that $AAVE has been in accumulation for over two years. @SatsDoji speculates that market makers may have completed their accumulation, hinting at an important move on the horizon.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="14.585507246377">
<p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24AAVE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$AAVE</a> </p>
<p>Still bullish on this one. </p>
<p>Looks like it broke the accumulation phase and is aiming to expand as we speak. </p>
<p>A retest of that accumulation phase would be excellent for buying more in my view. </p>
<p>For reference, it has been accumulating for over 2 years now. </p>
<p>Wouldn't… <a href="https://t.co/oqmYDFAMfm">pic.twitter.com/oqmYDFAMfm</a></p>
<p>— Doji 🧠 (@SatsDoji) <a href="https://twitter.com/SatsDoji/status/1839290308590244247?ref_src=twsrc%5Etfw">September 26, 2024</a></p></blockquote>

<h2>Alternatives to Aave</h2>
<p>As illustrated on its daily chart, Aave (AAVE) is at a pivotal point, with the price probing substantial resistance levels above crucial moving averages. If AAVE/USD successfully breaches this resistance within its long-term ascending channel, it could target around $180, with a potential for an extended target near $190. Additionally, the Pepe blockchain, known as “Pepe Unchained,” is gaining traction in the meme coin ecosystem. It has garnered significant interest, having raised over $15.7 million, and offers users the ability to stake tokens and receive passive income.</p>
<p><strong>THE PEPE BLOCKCHAIN IS BOOMING. PREPARE FOR $PEPU</strong></p>
<noscript></noscript>
<p>Pepe Unchained is swiftly becoming a prominent player in the meme coin arena, with over $15 million raised, providing exceptional prospects for early investors. Designed as a layer-2 blockchain, it boasts unmatched speed, low transaction fees, and seamless interaction with Ethereum, positioning it as a transformative force in the crypto market. <a href="https://www.youtube.com/watch?v=1zwEnNHirEo">The presale is currently in progress, but prices will rise as the project develops, making early investment beneficial</a>. With staking returns as high as 139% APY, now is an optimal time to enhance your passive income and participate in this groundbreaking project. Don’t let the chance to invest in the future of meme coins – Pepe Unchained – slip away.</p>
<p>Visit Pepe Unchained</p>
<h2>Latest Updates</h2>

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