The price of AAVE is hovering near the $88 mark, a level traders are watching as a critical support zone. Technical analysis suggests the token could climb back above $95 within the next two weeks, with a roughly 65% probability of that move playing out.
Why $88 Matters
That price point has become a floor in recent trading sessions. If it holds, it could give buyers a base to push higher. If it breaks, the next support levels are not clearly defined from the current data alone. The market is currently in a wait-and-see mode around this threshold.
What the Indicators Say
Oversold momentum readings are one factor behind the projected rebound. When an asset is oversold, it often signals that selling pressure has exhausted itself, at least temporarily. Additionally, AAVE's price is positioned near the lower Bollinger Band, a technical tool that measures volatility. A touch or close below the lower band can sometimes precede a bounce back toward the middle band.
The 14-Day Outlook
The 65% probability of reaching $95 within 14 days isn't a guarantee — it's a statistical likelihood based on historical patterns and current indicator setups. That means there's still a 35% chance the price moves sideways or drops instead. Traders will be watching volume and broader market cues over the coming days for confirmation.
For now, the key question is whether $88 holds as support or becomes resistance. That answer should come within the next two weeks.
