Key takeaways
- AAVE is down 4% within the final 24 hours and is now buying and selling at $171 per coin.
- The bearish efficiency comes regardless of the launch of the Aave App on the App Retailer.
Aave launches the Aave App on App Retailer
Aave, the most important decentralized crypto lending platform, introduced on Monday that it’s launching its Aave App on Apple’s App Retailer. The crew revealed that the app will enable customers to earn as much as 6.5% annualized yield, greater than cash market funds, leveraging Aave’s infrastructure lending protocol.
Introducing Aave App, a wiser method to save. pic.twitter.com/HaseIjnWW5
— Aave (@aave) November 17, 2025
Customers may deposit funds from financial institution accounts, debit playing cards, or stablecoins. The brand new app additionally affords “steadiness safety” on deposits as much as $1 million.
Nevertheless, this announcement didn’t cease AAVE from being affected by the bearish pattern of the broader crypto market. AAVE has misplaced 4% of its worth within the final 24 hours and dangers declining additional because the market selloff continues.
AAVE may retest the $150 psychological degree
The AAVE/USD 4-hour chart is bearish and inefficient because the coin has misplaced 21% of its worth within the final seven days. The technical indicators are additionally bearish, with the RSI of 38 indicating that AAVE may enter the oversold area if the selloff continues.
The MACD traces are nonetheless throughout the detrimental territory, suggesting that merchants may cut back their threat out there. If the bearish pattern continues, AAVE may retest the $150 assist degree within the coming hours or days. An prolonged bearish pattern may see AAVE drop beneath the October 10 low of $133.
Nevertheless, if the market recovers, AAVE may rally in the direction of the primary main resistance degree at $183. Overcoming the $200 psychological degree would enable AAVE to focus on the current $236 month-to-month excessive.