AAVE price is back in focus after climbing to around $77, recovering sharply from its recent dip below $60. While the recent move suggests that buyers are gradually regaining control, AAVE still trades within the broader descending channel that has capped every rally since August 2025. The next few sessions could therefore determine whether this recovery develops into a larger breakout toward the $100 milestone or fades into yet another relief rally within the prevailing downtrend.
AAVE Price Analysis: The Descending Channel Still Holds the Key
After recovering from the June losses, the AAVE price has risen back toward the upper boundary of the descending channel held since August 2025. Besides, the Supertrend indicator has flipped bullish after acting as resistance throughout the recent decline. This suggests that short-term momentum has shifted in favor of buyers, while the RSI has climbed above the neutral 50 level after rebounding from oversold territory. The move indicates strengthening buying pressure without the token entering an overbought zone.
The immediate resistance lies around $85-$90, where the descending trendline and previous supply zone converge. A decisive breakout above this region would signal that AAVE is finally escaping its long-term bearish structure and could quickly shift attention toward the psychological $100 level. As long as AAVE continues to defend the $70-$72 region, the bullish momentum remains intact, but another rejection from the channel could drag the price back toward the $60-$62 support zone.
Conclusion: Will AAVE Reach $100 in June?
The latest recovery has undoubtedly improved AAVE’s short-term outlook, but the $100 milestone is unlikely to be achieved unless bulls first overcome the stronger resistance between $85 and $90. This zone marks the upper boundary of the descending channel that has capped every major rally since August 2025, making it the most important hurdle for the ongoing recovery.
If buyers manage to secure a decisive breakout above this resistance, $100 becomes the next logical pitstop, with momentum potentially extending the rally even further. However, if AAVE fails to break the long-term trendline, the current move could remain a relief rally, increasing the likelihood of a pullback toward the $70 support zone and possibly $60-$62 if selling pressure returns.
For now, the path to $100 is open—but only after bulls clear the $85-$90 barrier that has defined AAVE’s broader bearish trend for nearly ten months.
Was this writing helpful?
Story Ends Here
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Read the Next News
Credit: Source link
