Aave (AAVE) Soars 40% in One Month — Can It Break $145?

BITmarkets Team

Aug 31, 2026

3 min read
AAVE
Aave (AAVE) has staged a strong recovery over the past month, climbing nearly 40% amid renewed optimism on the regulatory front and cryptocurrency adoption. Despite the recent rally, AAVE remains down around 20% since the beginning of 2026, reflecting the broader selling pressure that has affected much of the crypto market amid geopolitical uncertainty and wider market pullbacks.

The rebound has nevertheless brought AAVE back toward several important price levels. With the token now trading around $127, the key question is whether buyers can maintain the recovery and challenge higher resistance, or whether the recent rally could give way to another period of consolidation or correction.

AAVE technical analysis

AAVE 31.8

AAVEUSD - 1 Day Time Frame

AAVE is currently trading around $127, following a substantial recovery from the $83 support area. The token has gained considerable ground from its recent lows and is now trading above the immediate support around $120. Holding above $120 could help preserve the improving short-term price structure and provide buyers with a foundation for another attempt higher. However, the next major obstacle sits around $145, which represents an important support/resistance area.

A sustained move above $145 could strengthen the bullish structure, particularly if AAVE subsequently establishes the level as support. Until such a breakout occurs, however, the area could continue to attract selling pressure and limit further upside.

On the downside, a move below $120 could weaken the current momentum and increase the likelihood of a deeper correction. In that scenario, the psychologically significant $100 level could become an important area to monitor, followed by the stronger support around $83.

AAVE price target

The immediate focus is on whether AAVE can maintain its position above $120 and challenge the $145 resistance level. If buyers manage to break above $145 and establish the area as support, the next upside target could be found around $164. This level represents the next significant resistance area and could attract increased selling pressure if reached.

A successful move beyond $164 could further strengthen the bullish outlook and shift attention toward higher price levels. Conversely, rejection from $145 could leave AAVE consolidating between $120 and $145, while a break below $120 could bring the $100 level back into focus.

Much of AAVE's next move could also depend on broader crypto market sentiment, macroeconomic conditions, regulatory developments and geopolitical factors. For now, $145 represents the key upside level to watch, while $120 remains important for maintaining the current recovery structure.

Crypto assets are unregulated, decentralised and highly volatile assets which entail substantial risks and you may lose all invested capital. Refer to the Disclaimers for detailed information on potential risks.

Tags: Technical Analysis
Last updated: Sep 01, 2026