Main to remember
The combination of a strong Ethereum and the demand for decentralized financial products on the market could be a positive feedback loop for Aave.
Aave (Aave) has recovered the $ 300 bar during this week’s negotiation and is expected to reach the next milestone at $ 400 soon. This level was also the place where the DEFI token saw a correction in December 2024.
Friday, August 22, the president of the federal reserve Jerome Powell said that there was a possibility of rate drops soon. This news could be good for the DEFI sector, and therefore Aave.
Stock and cryptographic markets reacted optimisticly. Ethereum (ETH) was only 3.1% of its top of all time.
Like the backbone of DEFI infrastructure, stronger eth ethn prices and cheaper borrowing costs could channel more capital in the Aaves loan and development markets. A Renewal Defi seemed possible in the coming months.
New tops to come, but also a warning for Aaves holders
Source: Aave / USDT on tradingView
Aave’s weekly table has shown an in progress upward resurgence. At the beginning of 2025, saw a deep retracement which reached the level of 78.6%, but the recovery since then was encouraging.
The OBR has made a new summit in recent months compared to the end of 2024. This reported an increase in the purchase pressure in 2025.
Meanwhile, the MacD rose slowly higher, but was not too extensive and has not yet shown a downward divergence.
The resistance levels of $ 417 and $ 527 of 2021 were the next key targets to monitor. Fibonacci extension levels have also drawn potential for -profit areas.
For -profit warning lights
Source: Glassnode
The risk of pressure sales was obvious because 97.4% of the Aave’s offer was seated for the benefit of the press. It was a higher figure at any time in the last 12 months, including December 2024.
Source: Glassnode
If a correction takes place, it could be interrupted in the support of the Psychological Rond number at $ 300.
The basic cost distribution card gives visualization of the density of the offer through the price levels. Over the past two years, prices of $ 300 and $ 280 were in which important Aave amounts have been acquired.
Therefore, they are levels of support.
To the north, there was little supply, $ 390 being a possible threat to the Bulls. Overall, other gains were likely, but traders and investors should be wary of pressure from taking profit.
