AAVE Price Boosted by Bullish SuperTrend Signal: Could This Lead to Major Gains?

The cryptocurrency AAVE has seen a significant boost in price, marked by a bullish SuperTrend signal on its weekly chart for the third time. This historical pattern has previously preceded major multi-month rallies, leading analysts to anticipate potential upside if similar trends repeat. 2020 and 2024 saw record surges of 867% and 551% respectively, before periods of consolidation followed the initial rally. 2023’s AAVE price is currently at $305.65 with a weekly gain of 20.21%, and trading volume exceeding $545 million suggests high market interest.