
{"id":83448,"date":"2025-07-24T13:40:15","date_gmt":"2025-07-24T13:40:15","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=83448"},"modified":"2025-07-24T13:40:15","modified_gmt":"2025-07-24T13:40:15","slug":"aave-down-13-weekly-heres-the-key-bounce-zone","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=83448","title":{"rendered":"AAVE Down 13% Weekly: Here\u2019s the Key Bounce Zone"},"content":{"rendered":"<p>TL;DR<\/p>\n<p><span>AAVE eyes $270 support after a sharp pullback, aligning with key Fibonacci and volume levels.<\/span><br \/>\n<span>RSI drops to 44.12, suggesting weakening momentum as the price nears lower Bollinger Band support.<\/span><br \/>\n<span>Aave leads DeFi growth, adding $15B TVL and preparing new launch on Kraken\u2019s Ink chain.<\/span><\/p>\n<h2>AAVE Price Approaches Potential Support<\/h2>\n<p><span>Aave (AAVE) is trading around $284 after a painful drop over the last week. The token has lost more than 13% in that time and is down nearly 6% in the past 24 hours. Volume remains high, with over $790 million traded in a day.<\/span><\/p>\n<p><span>Analyst Ali Martinez suggests that a move to $270 could come next, calling it a \u201creload zone.\u201d This area is just above the 0.618 Fibonacci level at $247.56 and lines up with a previous resistance area. If the price holds here, it may become a short-term base for buyers looking to step in again.<\/span><\/p>\n<p><a href=\"https:\/\/twitter.com\/search?q=%24AAVE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$AAVE<\/a> could pull back to $270 before making a move toward $560. Watch this potential reload zone closely! <a href=\"https:\/\/t.co\/GXVECNvu1H\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/GXVECNvu1H<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1948316727861018712?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">July 24, 2025<\/a><\/p>\n\n<h2>Key Levels and Trend Indicators<\/h2>\n<p><span>On the chart, the projected move points to a pullback near $270, followed by a possible climb toward $400 and later $560. These levels match historical price reactions and Fibonacci extension zones.<\/span><\/p>\n<p><span>Short-term momentum has cooled. The RSI sits at 44.12, down from the recent average of 60.52. AAVE is also below the midline of its Bollinger Bands, which is now around $305. The lower band is closer to $273, suggesting this area could act as support if selling continues.<\/span><\/p>\n<p><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/AAVEUSDT_2025-07-24_15-06-10.png\"><\/a>Source: TradingView<\/p>\n<h2>DeFi Growth Supports Long-Term Outlook<\/h2>\n<p><span>Since April, DeFi protocols have <\/span><a href=\"https:\/\/cryptopotato.com\/aave-dominates-defi-rally-grabs-31-of-49b-tvl-increase\/\"><span>added<\/span><\/a><span> around $49 billion in new value. Aave accounts for $15 billion of that, which is nearly one-third of the total. This places it among the top contributors in the space.<\/span><\/p>\n<p><span>In addition, the protocol is planning to launch a version of its lending platform on Kraken\u2019s Ink blockchain. The move has already received over 99% support in a governance vote and now heads to a final round of approval from the DAO.<\/span><\/p>\n<p><span>AAVE is hovering near a zone that has seen strong reactions before. Analyst Sjuul from AltCryptoGems <\/span><a href=\"https:\/\/x.com\/AltCryptoGems\/status\/1948314716180472280\" target=\"_blank\" rel=\"noopener\"><span>said<\/span><\/a><span>,\u00a0<\/span><\/p>\n<p><span>\u201cAAVE is at an interesting spot\u2026 a bounce here and the bullish structure is safe.\u201d\u00a0<\/span><\/p>\n<p><span>Price action in the coming days may confirm whether buyers step back in at this level.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/aave-down-13-weekly-heres-the-key-bounce-zone\/\">AAVE Down 13% Weekly: Here\u2019s the Key Bounce Zone<\/a> appeared first on <a href=\"https:\/\/wordpress-433650-5559317.cloudwaysapps.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>TL;DR AAVE eyes $270 support after a sharp pullback, aligning with key Fibonacci and volume levels. RSI drops to 44.12, suggesting weakening momentum as the price nears lower Bollinger Band support. Aave leads DeFi growth, adding $15B TVL and preparing new launch on Kraken\u2019s Ink chain. AAVE Price Approaches Potential Support Aave (AAVE) is trading [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":83449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83448"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=83448"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83448\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/83449"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}