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Aave price analysis: Bears push downtrend, demoting AAVE down to $82.72

www.cryptopolitan.com

Aave price analysis shows the coin is facing trouble after reaching $82.72, as bears are trying to pull the price back downwards. Still, AAVE is in a comparatively better position as most of the market is bearish today, However, chances are there for AAVE to turn bearish completely if the recently forming bearish momentum continues.

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Bitcoin AAVE
$ 89.12

Timeline of Aave


COMP and AAVE Price Prediction: DeFi Tokens Stand Their Ground Despite Market Correction - BeInCrypto

The Aave (AAVE) price prediction is bullish due to a reclaim of a long-term horizontal support area and a short-term breakout. The Compound (COMP) price is trading inside a descending parallel channel and is approaching a crucial horizontal support area.


AAVE's rise or fall in TVL in the next few days could have a stablecoin connection  - AMBCrypto

Aave, one of the leading lending protocols in the crypto industry, just completed voting on a proposal that would have it deployed on zkSynch. zkSync happens to be a zero-knowledge protocol test net and the deployment was approved by a wide margin with the aim of enabling quicker and less expensive transactions.


These updates might just make AAVE holders dream of better days - AMBCrypto

On 2 November, the Aave community voted to deploy the protocol on the zkSync 2.0 testnet. The proposal was originally presented by the Aave team in order to extend the decentralized lending service to the Ethereum roll-up's testnet.


gm: Aave Founder Stani Talks Stablecoins, Risk, and Next Era of DeFi - Decrypt

Aave founder Stani Kulechov joined Dan Roberts and Stacy Elliott to talk about his vision for the next iteration of DeFi, Aave V3 and Lens Protocol, the Web3 company he wishes he had founded, and why now is the right time for the $5B lending protocol to launch its GHO stablecoin. Watch Episode 22 of the gm podcast and make sure to subscribe on Apple or Spotify.


How Aave Helped JP Morgan Complete Its First DeFi Transaction - NewsBTC

Legacy financial institutions are embracing crypto and decentralized finance (DeFi), and the Ethereum-based protocol Aave is proof. Today, the team behind the protocol announced that banking giant JP Morgan Chase completed its first DeFi transaction.


Aave: Why traders must overlook AAVE's address activity this trading season - AMBCrypto

Data from on-chain analytics platform Santiment revealed that October was marked by a rally in AAVE's network activity. This rally culminated in the altcoin registering a daily high of 495 new addresses on 30 October.


AAVE integrates Transak to facilitate crypto purchases via local payment methods, globally  - Crypto Daily

This November, Transak, a leading Web3 onboarding infrastructure provider, became the only on-ramp integrated by AAVE. Aave is a decentralized non-custodial liquidity market protocol that allows users to participate as borrowers or depositors.


Singapore leverages Polygon and Aave in first DeFi wholesale markets transaction - The Block

The live trade is the first of Singapore's Project Guardian pilot, which aims to explore the potential of DeFi applications in wholesale funding markets. The post Singapore leverages Polygon and Aave in first DeFi wholesale markets transaction appeared first on The Block.


Aave's TVL witnesses a rise, but can AAVE benefit from these recent updates - AMBCrypto

As  of 31 October, Aave had been experiencing a surge in its Total Value Locked (TVL), according to statistics from DefiLlama. Following the initial release of the protocol, the team went on to develop versions 2 and 3.


Aave price analysis: Price slumps down to $83.47 as bearish trend continues - Cryptopolitan

The Aave price analysis is going through a loss as the price underwent a decline up to $83.47 today. The downtrend has been quite constant since yesterday, and even today, the price has followed a downward movement.

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