Tensions between blockchain platform Mantra and crypto exchange OKX are rising after Mantra accused the exchange of posting incorrect information about its token migration.
In a Monday X post, Mantra CEO John Patrick Mullin urged users of centralized cryptocurrency exchange (CEX) OKX to withdraw their Mantra (OM) tokens and cut their “dependency” on the platform.
“Users should consider withdrawing their OM tokens from OKX[…]. Avoid OKX Exchange Dependency: Complete migration without relying on potentially negligent or malicious intermediaries,” said Mullin.
His warning came in response to a Friday announcement from OKX about supporting the incoming OM token migration.
According to Mullin, the OKX post contained multiple inaccuracies, including false migration and implementation dates.
OKX said the migration would occur between Dec. 22 and Dec. 25. Mantra’s governance proposal, by contrast, states that the migration will only take place after the Jan. 15 deprecation of the Ethereum-based ERC-20 OM token.
Mullin also said OKX’s post referenced “arbitrary dates throughout December 2025,” while Mantra has not yet announced an official implementation date.
He claimed OKX has not communicated with Mantra since “the events” of April 13, while Mantra has “helpfully [been] communicating with all other major exchanges regarding our migration.”
On April 30, Mantra published a post-mortem report that blamed the aggressive trading policies and high leverage on cryptocurrency exchanges for the token crash.
“Liquidation cascades could happen to any project in the crypto industry,” Mullin said in the post, pointing to the role of “aggressive leverage positions” on exchanges as a broader threat to investor safety.
Mullin also urged exchanges to review their leverage policies while implementing a transparency dashboard for OM tokenomics, along with announcing the burning of 150 million staked OM tokens, permanently removing them from circulation in a bid to tighten the token’s supply.
Bitcoin targets $94,150 resistance for potential rally to $100,000, but bearish December patterns could push BTC toward $77,000-$80,400 support within 2-4 weeks.
Bitcoin’s current position at $91,428 presents a critical juncture for traders and investors. With mixed signals from technical indicators and analyst predictions ranging from $77,000 to $92,000, this comprehensive BTC price prediction examines the most likely scenarios for Bitcoin’s near-term trajectory.
BTC Price Prediction Summary
• BTC short-term target (1 week): $94,150 (+3.0%) followed by potential pullback to $87,000 • Bitcoin medium-term forecast (1 month): $77,000-$85,000 range with high volatility • Key level to break for bullish continuation: $94,150 immediate resistance, then $100,000 psychological level • Critical support if bearish: $80,600 immediate support, with $77,015 as deeper correction target
Recent Bitcoin Price Predictions from Analysts
Current analyst sentiment reveals a notable divergence in Bitcoin forecast expectations. Polymarket participants assigned only a 28% probability for BTC reaching $88,000-$90,000 by December 8, suggesting market skepticism about immediate upside momentum. Meanwhile, Coinspeaker’s BTC price prediction targets $90,093-$90,229 based on recent technical patterns, indicating modest optimism.
The bearish camp, led by LongForecast, projects a significant 15.3% decline to $77,015, citing historical December weakness and current market dynamics. BeInCrypto’s analysis supports this cautious outlook, highlighting ETF outflows and whale selling pressure as key factors that could drive Bitcoin toward the $80,400 support retest.
This analyst disagreement reflects the current market uncertainty, with technical indicators providing mixed signals that support both bullish and bearish interpretations.
BTC Technical Analysis: Setting Up for Volatility Breakout
Bitcoin’s technical landscape presents a fascinating setup for the next major move. The MACD histogram reading of 826.3572 indicates building bullish momentum, while the RSI at 46.95 sits in neutral territory, providing room for movement in either direction.
The Bollinger Bands position at 0.71 suggests Bitcoin is trading in the upper portion of its recent range, approaching the upper band at $94,210. This positioning often precedes either a breakout above resistance or a pullback toward the middle band at $89,394.
Trading volume of $1.56 billion on Binance indicates healthy market participation, though not at extreme levels that typically coincide with major breakouts. The daily ATR of $3,656 suggests continued volatility, supporting the case for significant price movement within the predicted ranges.
Key pattern recognition shows Bitcoin forming a potential ascending triangle, with horizontal resistance at $94,150 and rising support currently around $89,000. A decisive break above $94,150 would target the psychological $100,000 level, while failure to hold $89,000 could accelerate the decline toward $80,600.
Bitcoin Price Targets: Bull and Bear Scenarios
Bullish Case for BTC
The optimistic BTC price prediction scenario requires a decisive break above $94,150 with strong volume confirmation. If achieved, Bitcoin could rapidly advance toward $100,000, representing a 9.4% gain from current levels. The bullish momentum would be supported by:
MACD histogram continuing to expand positively
RSI breaking above 55 and maintaining upward trajectory
Volume exceeding the 30-day average during the breakout
Successful reclaim of the SMA 50 at $98,818
A sustained move above $100,000 would open the door for a test of the 52-week high at $124,658, though this appears unlikely given current market sentiment and the approaching year-end.
Bearish Risk for Bitcoin
The Bitcoin forecast turns decidedly negative if the $89,000 support level fails to hold. Historical December patterns and current analyst predictions suggest a high probability of testing lower levels. The bearish scenario targets:
Initial decline to $80,600 strong support (12% downside)
Extended correction to $77,015 as predicted by LongForecast (16% downside)
Potential overshoot to $75,000 if selling accelerates
Risk factors supporting the bearish case include continued ETF outflows, whale distribution patterns, and Bitcoin’s historically weak December performance. The distance of 26.66% from the 52-week high also suggests significant overhead resistance.
Should You Buy BTC Now? Entry Strategy
Current market conditions favor a patient, level-based approach rather than immediate market buying. For those considering whether to buy or sell BTC, the technical setup suggests waiting for clearer directional signals.
Bullish Entry Strategy: – Buy on break above $94,150 with stop-loss at $89,000 – Target initial profit-taking at $100,000 (6% gain) – Position size: 25-30% of intended allocation due to mixed signals
Bearish Entry Strategy: – Short positions on failure below $89,000 with stop-loss at $92,500 – Target coverage at $80,600 and $77,015 levels – Position size: Conservative 20% allocation given high volatility
Conservative Approach: – Wait for break of either $94,150 or $89,000 before entering – Dollar-cost average on any decline toward $80,000-$77,000 range – Maintain 50% cash position for lower entry opportunities
BTC Price Prediction Conclusion
This comprehensive Bitcoin technical analysis points toward a critical decision point for BTC within the next 7-14 days. The base case BTC price prediction anticipates an initial test of $94,150 resistance, followed by a likely rejection and subsequent decline toward the $80,600-$77,015 support zone over the next 2-4 weeks.
Confidence Level: Medium (65%)
The prediction carries medium confidence due to conflicting technical signals and mixed analyst sentiment. Key indicators to monitor for confirmation include:
MACD histogram expansion or contraction
RSI break above 55 (bullish) or below 40 (bearish)
Volume patterns during any breakout attempts
Bitcoin’s ability to reclaim the SMA 20 at $89,394
Traders should remain flexible and ready to adjust positions based on how Bitcoin reacts at these critical levels. The high ATR of $3,656 suggests significant volatility ahead, creating both opportunity and risk for active participants in the BTC market.
Bitcoin (BTC) climbed 14.50% from its recent lows at $80,600, inching back toward $93,000 as traders are at odds between a “comeback” by the bulls or the start of a bear market.
Key takeaways:
Analysts say Bitcoin’s rebound is a bull trap, with risks extending to as low as $40,000.
Google Trends suggests a rally toward $97,000 before the correction continues.
BTC/USD daily chart. Source: TradingView
Among those leaning bearish is CryptoBirb, who remained unconvinced, arguing that the current and upcoming Bitcoin price “rallies are for selling,” not signals of a renewed push toward widely cited year-end targets of $150,000 and beyond.
Bear flag hints at a 16% BTC price dip next
The top arguments in favor of a Bitcoin bull trap mentioned a classic technical pattern dubbed the “bear flag,” a structure that, during downtrends, typically resolves with another leg lower.
Mister Crypto, Celeb Franzen, and several other analysts highlighted the bearish continuation pattern during Bitcoin’s recovery, with some noting that the BTC price can easily plunge toward $80,000.
A further examination of the bear flag revealed its technical downside target for December to be around $77,100, calculated by adding the previous downtrend’s height to a potential breakdown point near the $88,000 support.
BTC/USDT daily chart. Source: TradingView
That is down about 16% from the current price levels.
Bitcoin can crash to $40,000 if 2021 fractal repeats
Bitcoin’s current structure mirrors the 2021 cycle almost “exactly,” according to analyst Leshka.
He shared a BTC fractal that consisted of a repeating double-top formation, a sharp breakdown into cycle support, and a deceptive rebound that ultimately formed a bull trap before a more resounding crash.
BTC/USD weekly chart. Source: TradingView/Leshka
In the 2021 analogue, that trap preceded a prolonged decline that cut BTC’s value in half. The 2025 fractal showed a nearly identical setup, with the price hovering within the same support band before an expected breakdown.
Leshka warned Bitcoin could revisit the $40,000 region in early 2026, a drop of more than 50% from current levels, if the pattern repeats.
Analyst Alex Wacy highlighted the same downside target, citing Bitcoin’s retreat from its multiyear ascending trendline resistance, which typically results in 70% drawdowns.
Source: X
Bitcoin “crowd is terrified again,” per Google Trends
Last week, Google searches for “Bitcoin bear market” on a five-year time frame hit their highest level on record, as highlighted by analyst AndrewBTC in his Monday post on X, who said the BTC “crowd is terrified again.”
Source: Google Trends/AndrewBTC
Historically, these fears appeared just ahead of BTC market selloffs.
For instance, in May 2021, when BTC hovered near $60,000 before a 50%-plus correction, and again in June 2022, around $26,000, as Bitcoin slid toward the then-cycle bottom of around $15,450.
BTC/USDT weekly chart. Source: TradingView
A spike in the “Bitcoin bear market” Google search trend in August also followed a downturn in the BTC price.
Bitcoin could easily rally toward the $97,000 zone next, but only to trap bulls, AndrewBTC warned, adding:
“Everyone will think the bull run is back, but it isn’t and bear market starts.”
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
Argentina is considering allowing local financial institutions to engage more directly with cryptocurrencies in a move that would mark a significant shift from its restrictive stance, according to local media report.
According to a Friday report by local news outlet La Nacion, Banco Central de la República Argentina (BCRA), Argentina’s central bank, is considering allowing traditional banks to trade cryptocurrencies. The story cited “sources close to the organization.” Cointelegraph has not independently verified those claims.
The BCRA stepped in to ban financial institutions from offering crypto trading just days after two of the country’s largest banks signaled they were opening up to digital assets in May 2022. The BCRA said that such initiatives posed risks to users and “to the financial system as a whole.”
New cryptocurrency rules are reportedly being drafted, though La Nación’s sources did not specify when they might be finalized or implemented. Representatives of a locally operated exchange suggested that the measure could be approved as early as April 2026.
Rumors about such a potential shift have circulated for some time among crypto exchanges, bankers and people close to regulators, the report said. A representative of local crypto exchange Lemon told the outlet that the company believes “that a more open financial ecosystem will be a key driver for the mass adoption of digital assets in Argentina.”
The country’s crypto industry has also been growing at a steady pace, overtaking Brazil as the top Latin American country in terms of estimated crypto inflows by users in early October 2024. Separate data from July 2024 suggested Argentina was leading the Western Hemisphere in crypto adoption, with analysts often pointing to the peso’s extreme weakness and inflation that had reached around 276% as key drivers.
Until recently, regulators were largely hostile to that trend. In May 2023, the central bank banned payment providers from offering crypto transactions, reinforcing earlier limits on how formal financial institutions could interact with digital assets.
As market participants waited for triggers, attention has shifted to three “smart” whales with impressive track records, who have opened long positions, totaling 136,433 ETH, worth about $425.98 million, according to data from Lookonchain.
One whale, BitcoinOG (1011short), has a long position of $169 million in ETH, while Anti-CZ has a long exposure of $194 million.
Smart whales are all unanimously going long on $ETH!#BitcoinOG(1011short), with $105M in total PNL, is long 54,277 $ETH($169.48M).
Anti-CZ whale, with $58.8M in total PNL, is long 62,156 $ETH($194M).
A third whale, pension-usdt.eth, is long 20,000 ETH, worth about $62.5 million at current rates.
Besides these whales, Arkham Intelligence noted that another whale, 0xBADBB, is using two accounts to go long for a total of $189.5 million in ETH.
Ethereum whale’s long positions. Source: Arkham Intelligence
These moves coincide with BitMine’s continued push into Ethereum. Last week, the company added $199 million more ETH, bringing its total holdings to 3.73 million ETH ($13.3 billion), cementing its position as the largest corporate holder of ETH.
This reinforces the narrative that whales and institutions view the recent ETH price rebound above $3,000 as a good entry point.
Ether’s ascending channel targets $4,000 ETH price
Ether’s price action has formed a classic ascending triangle on the daily chart, as shown below. The break above the multimonth downtrend line on Tuesday increased the prospects of a sustained recovery.
The pattern will resolve once the price breaks above the triangle’s resistance line at $3,250. If this happens, the price could rise by as much as the maximum distance between the triangle’s trendlines.
That puts Ether’s breakout target at about $4,020, up by more than 28% from current price levels.
The relative strength index has increased to 50, from oversold conditions at 28 on Nov. 28, suggesting increasing upward momentum.
However, the recovery could be curtailed by resistance from the $3,350-$3,550 resistance zone, where both the 50-day and 100-day SMAs currently sit. Beyond that, the next major hurdle is the 200-day SMA at $3,800.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
Bitcoin Cash (BCH) has become the “best performing” for Layer-1 asset this year, climbing nearly 40% and outperforming every major blockchain network.
According to new data shared by analyst Crypto Koryo, Bitcoin Cash (BCH) has outpaced BNB (BNB), Hyperliquid (HYPE), Tron (TRX) and XRP (XRP), which saw only modest gains. Most other L1s, including Ethereum (ETH), Solana (SOL), Avalanche (AVAX), Cardano (ADA) and Polkadot (DOT), remain deep in negative territory for the year, with several down more than 50%.
Koryo highlighted that Bitcoin Cash’s strong performance comes despite the project lacking an official X account. The analyst attributed the outperformance to a favorable mix of supply dynamics and new demand catalysts.
On the supply side, BCH has no token unlocks, no foundation treasury and no venture-capital overhang, reducing sell-side pressure. The “entire supply is circulating. No unlocks. No foundation, [no] VCs dumping,” Koryo wrote.
BCH becomes best performing L1 of the year. Source: Crypto Koryo
Meanwhile, Bitcoin may be headed for a brief pullback before resuming its climb toward six figures, according to trader Michaël van de Poppe.
In a Sunday post on X, the analyst outlined a bullish scenario in which BTC dips to around $87,000 ahead of next week’s Federal Reserve meeting, sweeping recent lows before setting the stage for a swift rebound.
Van de Poppe expects the uptrend to resume once Bitcoin retests support and pushes through the key $92,000 level, a breakout he believes could open the door to a run toward $100,000 within one to two weeks. He links the outlook to what he sees as a supportive macro backdrop, including reduced quantitative tightening, upcoming rate cuts and an expanding money supply.
However, he identified two invalidation points, including losing $86,000, which could trigger a move to $80,000, or failing to break and hold above $92,000.
As Cointelegraph reported, technical analyst TXMC has noted that Bitcoin’s “liveliness” indicator, a long-term measure of on-chain coin spending versus holding, is climbing again, a pattern historically associated with bull market phases.
The analyst said that liveliness is increasing even as prices remain muted, suggesting stronger underlying demand for spot Bitcoin than current price action reflects. The metric rises when older coins begin moving and falls when long-term holders accumulate.
The European Commission’s proposal to expand the powers of the European Securities and Markets Authority (ESMA) is raising concerns about the centralization of the bloc’s licensing regime, despite signaling deeper institutional ambitions for its capital markets structure.
On Thursday, the Commission published a package proposing to “direct supervisory competences” for key pieces of market infrastructure, including crypto-asset service providers (CASPs), trading venues and central counterparties to ESMA, Cointelegraph reported.
Concerningly, the ESMA’s jurisdiction would extend to both the supervision and licensing of all European crypto and financial technology (fintech) firms, potentially leading to slower licensing regimes and hindering startup development, according to Faustine Fleuret, head of public affairs at decentralized lending protocol Morpho.
“I am even more concerned that the proposal makes ESMA responsible for both the authorisation and the supervision of CASPs, not only the supervision,” she told Cointelegraph.
The proposal still requires approval from the European Parliament and the Council, which are currently under negotiation.
If adopted, ESMA’s role in overseeing EU capital markets would more closely resemble the centralized framework of the US Securities and Exchange Commission, a concept first proposed by European Central Bank (ECB) President Christine Lagarde in 2023.
EU plan to centralize licensing under ESMA creates crypto and fintech slowdown concerns
The proposal to “centralize” this oversight under a single regulatory body seeks to address the differences in national supervisory practices and uneven licensing regimes, but risks slowing down overall crypto industry development, Elisenda Fabrega, general counsel at Brickken asset tokenization platform, told Cointelegraph.
“Without adequate resources, this mandate may become unmanageable, leading to delays or overly cautious assessments that could disproportionately affect smaller or innovative firms.”
“Ultimately, the effectiveness of this reform will depend less on its legal form and more on its institutional execution,” including ESMA’s operational capacity, independence and cooperation “channels” with member states, she said.
Global stock market value by country. Source: Visual Capitalist
The broader package aims to boost wealth creation for EU citizens by making the bloc’s capital markets more competitive with those of the US.
The US stock market is worth approximately $62 trillion, or 48% of the global equity market, while the EU stock market’s cumulative value sits around $11 trillion, representing 9% of the global share, according to data from Visual Capitalist.
On Thursday, the US Commodity Futures Trading Commission (CFTC) announced that spot Bitcoin (BTC) and Ether (ETH) products will begin trading for the first time on its registered futures exchanges.
Here are three reasons why this is a big deal for the top two cryptocurrencies heading into 2026.
Key takeaways:
CFTC oversight gives BTC and ETH gold-like legitimacy, opening the door to larger institutional flows.
Regulated US trading boosts liquidity, cuts volatility, and shifts crypto activity back onshore.
Bitcoin and Ethereum can scale like gold
One of the strongest historical parallels for the CFTC decision came from the gold market.
When gold was formally opened to trading on regulated US futures exchanges in the 1970s, the shift transformed it from a fragmented, over-the-counter commodity into a globally recognized investment asset.
Liquidity concentrated on COMEX, institutions entered for the first time, and transparent price discovery created a foundation for long-term capital flows.
Since its COMEX debut, spot gold prices gained 4,000%, illustrating how regulatory clarity can reshape an asset’s market trajectory.
The CFTC placed Bitcoin and Ethereum under a similar commodity framework with its latest announcement, thus removing the US Securities and Exchange Commission’s (SEC) issuer-focused requirements.
It also filled a long-standing gap: US traders could access crypto on platforms like Coinbase and Kraken but lacked regulated spot leverage, deep liquidity tools, or exchange-level protections.
That absence forced liquidity offshore, with recent 2025 data showing Binance capturing roughly 41.1% of global spot activity, far ahead of US-based venues.
Pension funds, banks, and hedge funds that previously sat on the sidelines can now treat Bitcoin and Ethereum like other CFTC-recognized commodities, with standardized rules, surveillance, and custody requirements.
86% of institutional investors already have or plan to gain crypto exposure, and most increased their allocations in 2024 as US regulation improved, according to a joint survey conducted by Coinbase and EY-Parthenon in January.
A majority also preferred accessing crypto through regulated investment rails, such as commodity exchanges or ETFs, rather than offshore venues.
Following the CFTC decision, institutions can now access Bitcoin and Ethereum through regulated exchanges, audited custody, and supervised pricing, setting the stage for stronger, more durable mainstream adoption.
Bitcoin, Ether may see better liquidity growth
Historical evidence suggested that commodities expanded rapidly after debuting on regulated trading venues.
A case in point is the launch of WTI oil futures in 1983, whose trading exploded from just 3,000 contracts in the first month to over 100,000 per month within a year, and then to over 2 million contracts per month by the late 1980s.
WTI two-week chart. Source: TradingView
Today, WTI often exceeds a million contracts in daily volume, a testament to how regulation can foster colossal market growth.
Bitcoin and Ethereum can witness a similar liquidity boost, with CFTC-approved spot trading likely to attract many more US traders and market makers, thus increasing order book depth and reducing spreads.
Deep liquidity and robust volume on US soil can also reduce volatility over time, as large buy or sell orders are more easily absorbed.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
Clear Street, a New York brokerage that has become one of the most active underwriters in the crypto-treasury boom, is preparing to go public with an expected valuation of $10 billion to $12 billion.
The IPO could come as early as next month, with Goldman Sachs lined up to lead the offering, the Financial Times reported, citing people familiar with the matter. One source reportedly told the FT that the deal is unlikely to price before January.
Founded in 2018, Clear Street rose to prominence as dozens of public companies began adopting the “crypto treasury” playbook, raising capital through equity or debt markets and using the proceeds to buy large quantities of Bitcoin (BTC). The strategy was popularized by Michael Saylor’s Strategy, which has accumulated 650,000 BTC through multiple stock and convertible offerings underwritten in part by Clear Street.
The firm also served as an underwriter for Trump Media and Technology Group, which has signaled plans to raise billions to establish a Bitcoin treasury operation of its own.
According to its website, Clear Street has underwritten about $91 billion in combined equity, debt and mergers and acquisitions (M&A) transactions so far this year, including deals for well-known crypto advocates Anthony Pompliano and former US presidential candidate Vivek Ramaswamy.
However, Clear Street’s IPO ambitions come at a moment when the crypto-treasury model that fueled its ascent is showing signs of strain. Bitcoin has fallen roughly 30% since early October, while Strategy’s share price has dropped 60% over the past six months.
Many smaller crypto treasury firms now trade at discounts to the value of the tokens they hold, cutting off their ability to issue new stock to buy more BTC, the same mechanism that powered the model during the bull run.
In a recent report, Galaxy Research said that Bitcoin treasury companies are entering a “Darwinian phase” as the core mechanics of their once-booming business model break down.
“For treasury companies whose equities had been serving as leveraged crypto trades, the shift has been intense,” Galaxy said, adding that the “same financial engineering that amplified upside has magnified downside.”
According to the FT, roughly 316 companies have been listed in the US this year, raising around $63 billion, the highest total since 2021.
Last month, crypto asset manager Grayscale Investments filed an S-1 with the US Securities and Exchange Commission (SEC) to list its shares on the New York Stock Exchange, joining a growing wave of crypto companies going public this year.
AAVE price prediction suggests a recovery to $205 in 2 weeks despite current weakness at $183.30, with technical analysis showing bullish MACD momentum emerging.
Aave (AAVE) faces a critical juncture as the token trades at $183.30, down 2.99% in the last 24 hours. Despite recent weakness, our comprehensive AAVE price prediction analysis reveals compelling technical signals that suggest a potential recovery toward $205 within the next two weeks.
AAVE Price Prediction Summary
• AAVE short-term target (1 week): $195 (+6.4%)
• Aave medium-term forecast (1 month): $195-$224 range • Key level to break for bullish continuation: $200.61
• Critical support if bearish: $185.90 (pivot point)
Recent Aave Price Predictions from Analysts
The latest Aave forecast from analysts presents a mixed but cautiously optimistic outlook. CoinLore’s AAVE price prediction targets $191.82 in the short term, while Hexn maintains a $200 price target despite noting bearish sentiment with a Fear & Greed Index of 28.
Blockchain.News offers the most bullish Aave forecast, projecting a $195-$205 range based on MACD momentum recovery and RSI bouncing from oversold levels. Their earlier prediction of $224-$240 followed a 13.21% daily gain, though current market conditions have tempered those expectations.
The consensus among analysts shows convergence around the $195-$205 AAVE price target, providing medium confidence in a near-term recovery despite prevailing market fear.
AAVE Technical Analysis: Setting Up for Recovery
Our Aave technical analysis reveals several compelling indicators supporting the bullish AAVE price prediction. The MACD histogram at 2.8232 shows emerging bullish momentum, even as the MACD line remains negative at -3.3091. This divergence often precedes trend reversals.
AAVE’s position within the Bollinger Bands at 0.6261 indicates the token is trading above the middle band ($178.18), suggesting underlying strength despite recent volatility. The RSI at 47.52 sits in neutral territory, providing room for upward movement without approaching overbought conditions.
The 24-hour trading range of $181.36-$193.04 demonstrates AAVE’s ability to hold above key support levels, while the Average True Range of $13.91 indicates normal volatility that could facilitate the predicted price movement to $205.
Aave Price Targets: Bull and Bear Scenarios
Bullish Case for AAVE
The primary AAVE price target of $205 represents a 11.8% gain from current levels and aligns with recent analyst predictions. This target becomes achievable if AAVE breaks above immediate resistance at $200.61, which coincides with the psychological $200 level.
A successful break above $205 could trigger momentum toward the next significant resistance at $224, representing the upper end of our Aave forecast range. The bullish case requires sustained volume above the current 24-hour level of $13.2 million and confirmation from the MACD histogram maintaining positive momentum.
Bearish Risk for Aave
The bearish scenario for our AAVE price prediction centers on a breakdown below the pivot point at $185.90. Such a move could trigger selling pressure toward the immediate support at $178.18 (SMA 20) and potentially the lower Bollinger Band at $157.89.
The key risk factor remains the broader crypto market sentiment, reflected in the Fear & Greed Index of 28. Should market conditions deteriorate further, AAVE could test the strong support level at $147.13, invalidating the bullish price prediction entirely.
Should You Buy AAVE Now? Entry Strategy
Based on our Aave technical analysis, the current price of $183.30 presents a reasonable entry point for those believing in the $205 AAVE price target. However, a more conservative approach would wait for a break above $190 to confirm bullish momentum.
For risk management, position sizes should remain modest with stop-losses placed below $178.18. This level represents the 20-day SMA and a critical support zone. Should you buy or sell AAVE at current levels depends on your risk tolerance, but the technical setup favors buyers with proper risk management.
Consider dollar-cost averaging into positions between $180-$185 to capitalize on any final weakness before the anticipated recovery begins.
AAVE Price Prediction Conclusion
Our comprehensive AAVE price prediction points to a recovery toward $205 within the next two weeks, representing a medium-confidence forecast based on improving technical indicators. The bullish MACD histogram and neutral RSI provide the foundation for this Aave forecast, though broader market sentiment remains a headwind.
Key indicators to monitor include the MACD line crossing above the signal line, RSI breaking above 50, and volume confirmation above $15 million during any breakout attempts. A failure to hold above $185.90 would invalidate this prediction and suggest further downside risk.
The timeline for this AAVE price prediction centers on the next 7-14 days, with the first week targeting $195 and the second week aiming for the full $205 objective.