Aave price rises 21% after dip and approaches resistance at $100

Aave shows a strong move after a pullback towards a key support zone. The price has risen more than 21% from the low, but is now facing the psychological level of $100, which clearly offers resistance. Analysts are watching whether Aave can break this level decisively.

Aave is available at OKX and Bybit.

Perfect dip in the support zone

The analyst behind the @AltCryptoGems account points to a textbook scenario for Aave. The price falls exactly to a previously indicated support zone and bounces back strongly from there. That results in a rise of 21.36% in a short time, demonstrating the relevance of the zone once again.

On the chart, it can be seen that Aave had been in a downtrend for some time, but that the bottom around the support zone is neatly respected. The price then forms a recovery move that breaks the downtrend line. Such patterns often attract the attention of traders looking for an early entry point. Those who want to know more about buying Aave can find extensive information there.

Resistance at $100 is the next hurdle

After the sharp rise, Aave now hits the psychological level of $100. Such round numbers often act as a magnet in the crypto market but also as a brake: many traders place sell orders here, temporarily slowing the upward movement.

Nevertheless, the overall structure of the chart remains positive. The trend is still bullish, meaning a breakout above $100 is quite possible. If that succeeds, potential space opens up towards higher levels. Other major altcoins are also showing recovery, with bullish signals visible at Ethereum. The question now is whether Aave can build enough strength to decisively break the resistance at $100 and enter a next phase.