AAVE Targets Breakout Levels with Potential 72% Upside Toward $628.5, Says Analyst

AAVE broke above $348.88 resistance with strong volume, showing sustained buying pressure and renewed bullish continuation.

Immediate resistance is at $360, while key support holds at $300, a critical zone for short term market direction.

If momentum sustains, AAVE could advance 72% toward $628.5, with $1205.11 as the next major long term resistance level.

AAVE is nearing a decisive phase after breaking free from a multi year downtrend that started in mid-2021. The asset traded around $352.10 following a strong rebound from corrective lows earlier in 2025

Analyst Javon Marks notes that the structure now shows consistent higher highs and higher lows, marking a sustained recovery pattern. Current price action reflects bullish continuation, with potential breakout zones ahead

The next major resistance is at $628.5, representing a possible 72% advance from present levels. A further extension could lift the market toward $1205.11, aligning with a prior key resistance point.

Breakout History and Market Structure

The long term chart shows a parabolic surge into mid 2021, followed by a deep decline that extended through 2022. That bearish cycle was defined by lower highs along a descending trendline

However, in 2023, the market reversed course as higher lows and higher highs emerged. This marked the early stages of an accumulation and recovery phase. Currently, dotted upward channels on the chart emphasize a bullish continuation pattern. With prices holding above recent support, the structure suggests readiness for higher resistance challenges.

Key Technical Levels and Indicators

AAVE is testing the $348.88 level, which represents the upper Bollinger Band resistance. The price broke through this level with volume near 100.82K, confirming steady buying strength

AAVE/USDT 1-day price chart, Source: TradingView

The middle Bollinger Band, around $300, is a key support area, while the lower band at $251.01 provides downside security. At the same time, the RSI has climbed to 65.11, showing strong buying momentum but also approaching overbought levels

Sustained movement above $350–360 could encourage targets above $400 in the short term. However, a rejection near these levels may push the price toward $300–310.

Future Levels to Watch

The immediate resistance is at $360, with the broader breakout target projected at $628.5. This zone is an intermediate supply level where selling pressure may reappear. If broken, the higher resistance level at $1205.11 becomes the next major point of interest

However, if momentum weakens, price could revisit $275–300 as a key support region. Despite these possibilities, the medium term outlook stays bullish as long as price maintains levels above the $300 threshold. The ongoing structure favors continuation, keeping AAVE’s path aligned with recovery after prolonged compression.

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