Aave price approaches resistance level after long decline

After months of heavy losses, the Aave price is showing a tentative recovery. The price is now attempting to push against an important horizontal resistance level, after previously breaking through the diagonal resistance. Whether this is the start of a serious upward move depends on what the bulls show in the coming period.

Aave is available at OKX and Bybit.

Long Period of Decline Behind

The Aave chart on the 12-hour timeframe paints a clear picture: from October 2025 deep into spring 2026, the price is in a downtrend. The price falls from above $200 to a low towards $50 to $60. a massive blow for token holders.

During that period, a descending trendline constantly presses down on the price like a red line. Every attempt at a recovery is blocked. That makes the recent break of that diagonal resistance all the more notable: Aave finally manages to break free from that declining pattern.

Horizontal Resistance is Now the Key Moment

After breaking the diagonal resistance, Aave now faces the next test. There is a horizontal resistance level around $80 to $90 that has previously acted as support and later as a ceiling. The price is trading at around $81.60 at the time of writing, placing it right in that critical zone.

Analyst @AltCryptoGems sees a possible cup-and-handle pattern formation based on the chart, which, if successfully broken above the horizontal resistance, could lead to a significant upward move. Whether the bulls are strong enough to definitively break this level is still uncertain, but the technical setup looks promising according to the analyst.