AAVE Price on Brink of $100 Breakout

AAVE's price is nearing $100 as crypto analyst Michaël van de Poppe sees two key breakout signals. The token has been building towards a breakout above the important psychological level, according to van de Poppe.

In his analysis, van de Poppe pointed out AAVE's pattern of higher highs and higher lows, indicating that the asset could move above $100 within one to two weeks if bullish momentum continues. At the time of writing, AAVE was trading around $96.50, just below the closely watched $100 resistance zone.

The $100 mark is both a psychological and technical resistance level for AAVE. While buyers have successfully defended support in the low-$90 range, allowing the token to maintain its broader recovery trend, a confirmed move above $100 could improve short-term market sentiment and encourage additional participation from momentum traders.