CandleFocus

Long-Term Crypto Forecast: Aave Aiming for $1,700 Rally

The cryptocurrency Aave (AAVE) is experiencing significant growth according to crypto analyst Alan Santana. AAVEUSDT has been steadily increasing since June 2023, with even more positive momentum since August 2024. Aave has surpassed important resistance levels, allowing for more ambitious price targets. Santana's analysis suggests that Aave could reach $430 in the short term, with mid-term targets at $536 and $666. Long term, Santana speculates that Aave could hit $1,050 and even potentially $1,700 during the current bull market. The recent news of World Liberty Financial (WLF), a DeFi platform backed by the Trump family, joining the market has added to the excitement surrounding Aave. Currently, AAVE is trading at around $370.32, with a 4.39% gain in the last 24 hours and a 44.36% increase over the past week.

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