Analyst predicts Aave could reach $1,700 long-term with strong support at $284 and mid-term targets at $430 and $666.
Aave’s bullish momentum since June 2023 signals potential growth, aligning with broader altcoin market trends.
Aave (AAVE) is on an outstanding upward track, indicating the possibility for even higher growth. Renowned crypto analyst Alan Santana’s newest analysis on TradingView shows that AAVEUSDT has been slowly rising since June 2023, with a new optimistic impetus developing since August 2024.
Santana’s observations show that Aave has overcome notable resistance levels, thus enabling more aggressive price targets.
Aave Path to Higher Targets Gains Momentum
Santana noted that Ave recently overcame a resistance level of $284, hence generating significant support. Trading above this level now, the next goal is $430; mid-term targets follow at $536 and $666.
Source: Alan Santana on TradingView
Long term, Santana projects a possible increase to $1,050 and speculate
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