As Bitcoin teeters close to the $40K level, several altcoins have been slow to start their engines. The AAVE price is no exception for after having reached the $300 level on July 26, it is down slightly to the $296 level as at 28 July. That’s a small decline of just over 2% but is also indicative that a retracement I occurring before a restart of the bullish run for AAVE. After having reached a high of around $650 in late April/early May, the AAVE price has careened down to the $250 level and even dropped below the $200 mark at one point in June. However, it does seem that the Top 30 crypto is making a comeback of sorts and price predictions are pretty bullish – at least for the short term. If you haven’t yet bought some AAVE, then it would be useful to take a look at this How To Buy Cryptocurrency Beginner’s Guide. Short Term Forecast For AAVE Price: A Charge to $350 Is Possible? Get FREE Crypto Signals Now! After having descended to the $220 level on 21 July, AAVE has been on a consistent trajectory with the price reaching the $303 level on 26 July. That is an almost 33% advance on the July 21 level or a 5-day gain of almost one third. At present, the AAVE price is oscillating between the $295 and $305 levels or a very short trading range of around 3%. There seems to be a lack of buying interest at the $310 level although a change in market sentiment could add a different tinge to proceedings. A bullish scenario would once again see the AAVE price break the $300 level and charge forward to the next resistance level which is around the $320 mark. That would represent a 10% gain from the current rice which could open up the possibility to make an assault on the $350 level. Alternatively, a bearish thesis would invalidate this scenario. If this were to occur, the AAVE would slice through the $280 support level and crash to the $250 mark, a level last seen on July 20. However, this scenario seems to be unlikely as there is considerable support at the $280 level for AAVE, from which a bounce back is highly likely. Long Term Forecast For AAVE: A good investment? According to several commentators and analysts, the AAVE price is expected to continue climbing in the second half of the year. A realistic target would be somewhere between the $400 and $500 mark by the end of the year. However there is room for AAVE to continue growing and higher ATH’s are not to be unexpected. If you haven’t yet bought some cryptocurrency, then a look at these Best Cryptocurrency Brokers would be a good place to start. Looking to buy or trade AAVE now? Invest at eToro! Buy AAVE Now Capital at risk Gerald Fenech Gerald Fenech Freelance journalist and writer with over ten years experience in forex and fintech writing. Specializes in crypto and blockchain View All Post By Gerald Fenech Crypto News share Read Next Ripple Price Analysis: XRP Breaks Above $0.70 level, time to buy? Nancy Lubale 2 years As Bitcoin teeters close to the $40K level, several altcoins have been slow to start their engines. The AAVE price is no exception for after having reached the $300 level on July 26, it is down slightly to the $296 level as at 28 July. That's a small decline of just over 2% but is also indicative that a retracement I occurring before a restart of the bullish run for AAVE. After having reached a high of around $650 in late April/early May, the AAVE price has careened down to the $250 level and even dropped below the $200 mark… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk.4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk.5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.