Key takeaways
- AAVE is down 4% in the final 24 hours and is now buying and selling at $171 per coin.
- The bearish efficiency comes despite the launch of the Aave App on the App Store.
Aave launches the Aave App on App Store
Aave, the largest decentralized crypto lending platform, introduced on Monday that it’s launching its Aave App on Apple’s App Store. The group revealed that the app will enable customers to earn as much as 6.5% annualized yield, larger than cash market funds, leveraging Aave’s infrastructure lending protocol.
Introducing Aave App, a better solution to save. pic.twitter.com/HaseIjnWW5
— Aave (@aave) November 17, 2025
Users may deposit funds from financial institution accounts, debit playing cards, or stablecoins. The new app additionally gives “stability safety” on deposits as much as $1 million.
However, 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 in the final 24 hours and dangers declining additional as the market selloff continues.
AAVE could retest the $150 psychological stage
The AAVE/USD 4-hour chart is bearish and inefficient as the coin has misplaced 21% of its worth in the final seven days. The technical indicators are additionally bearish, with the RSI of 38 indicating that AAVE could enter the oversold area if the selloff continues.
The MACD traces are nonetheless inside the destructive territory, suggesting that merchants could scale back their danger in the market. If the bearish pattern continues, AAVE could retest the $150 help stage in the coming hours or days. An prolonged bearish pattern could see AAVE drop below the October 10 low of $133.
However, if the market recovers, AAVE could rally in direction of the first main resistance stage at $183. Overcoming the $200 psychological stage would enable AAVE to focus on the latest $236 month-to-month excessive.
The submit AAVE could dip below $150 despite the Aave App launch appeared first on CoinJournal.
