TradeCityPro | Deep Search: In-Depth Of AAVE👋 Welcome to TradeCity Pro!
In this analysis, I will thoroughly examine the AAVE coin. The project information is provided in full, followed by a technical analysis at the end.
What is Aave❓
▪️Aave is a decentralized lending protocol that allows users to deposit crypto assets to earn interest and borrow against their crypto collateral. It operates on lending pools, providing instant access to liquidity. Aave is known for stable interest rates, flash loans (collateral-free loans for a single transaction), and being one of DeFi’s largest lending protocols, with over $5 billion locked in total value.
🗾 Protocol Architecture:
▪️Aave's ecosystem is built on smart contracts that manage deposits, loans, and interest rates. The key components include:
1) Lending Pool Core: Manages asset storage and reserve states.
2) Lending Pool Data Provider: Calculates user balances and lending metrics.
3) Lending Pool: Enables deposit, redemption, borrowing, repayment, and liquidation.
4) Lending Pool Configurator: Allows governance to modify protocol parameters.
5) Interest Rate Strategy: Adjusts interest rates dynamically based on pool utilization.
6) Governance: Users can vote on protocol updates using the AAVE token.
🔑 Key Features and Functionality:
▪️Lending Pools: Users deposit assets into pools and receive aTokens, which accrue interest over time.
▪️Borrowing: Users must provide collateral exceeding the borrowed amount, ensuring protocol security.
▪️Interest Rates: Variable rates fluctuate based on market liquidity. stable rates provide consistency but can be adjusted under extreme conditions.
▪️Health Factor & Liquidation: A health factor below 1 triggers liquidation, ensuring the system's stability.
▪️Flash Loans: Uncollateralized loans that must be repaid within a single transaction, offering arbitrage and refinancing opportunities.
🪙 Tokenization & Revenue Model:
▪️aTokens: Earn interest automatically, reflecting deposits.
▪️AAVE Token:
◽️Governance participation and voting rights.
◽️Fee discounts for users using AAVE.
◽️Staking in the Safety Module for additional rewards.
📊Revenue Sources:
◽️Flash loan fees.
◽️Borrowing interest payments.
◽️Protocol fees used for reserves and development.
🔧 Security and Stability Mechanisms:
▪️Loan-to-Value (LTV): Determines borrowing capacity based on collateral.
▪️Liquidation Thresholds: Prevents undercollateralized loans from destabilizing the system.
▪️Rebalancing Mechanism: Adjusts stable interest rates to maintain equilibrium.
🎯 Roadmap and Future Developments:
▪️Governance Evolution: Further decentralization through Aave Improvement Proposals (AIPs).
▪️Aave V3: Enhancing risk management and capital efficiency.
▪️Multi-Chain Expansion: Reducing transaction costs and increasing accessibility.
▪️Institutional Adoption: Aave Arc for regulated entities.
▪️New Lending Markets: Expanding supported assets and features.
What is GHO❓
▪️GHO is a decentralised, overcollateralised stablecoin that is fully backed, transparent, and native to the Aave Protocol.
▪️Unlike many stablecoins, the oracle price for GHO is fixed. Decentralised stablecoins such as GHO are transparent and cannot be changed. Interest rates are defined by Aave DAO and repaid interest is redirected to the DAO instead of the asset suppliers. Discounts are available to borrowers staking AAVE in the Safety Module.
💰Fundrasing: $49.30 M
💵 Some of its major investors:
▪️Standard Crypto
▪️Blockchain.com Ventures
▪️Framework Ventures
▪️Blockchain Capital
▪️DTC Capital
▪️Defiance Capital
▪️ParaFi Capital
◽️The staking platforms of AAVE:
▪️aave.com
▪️Defiserver
▪️Stakingcrypto.io
◽️The Lp platforms of AAVE:
▪️Balancer
▪️Pancakeswap
▪️Uniswap
▪️Defiserver
▪️KyberSwap
▪️HoneySwap
▪️SquadSwap
👥The Team:
▪️Aave was created by the team behind ETHLend, led by CEO Stani Kulechov. The team transitioned from peer-to-peer lending to the pool-based system, which has contributed to Aave's success. It has a strong commitment to decentralization, having moved to community governance.
📈 TVL and Staking:
▪️Aave Protocol's TVL Sees Significant Growth Since Late February 2024
The Total Value Locked (TVL) in the Aave protocol has experienced a sharp upward trend since late February 2024, reaching 7.65 million Ethereum. Additionally, the amount staked in 2024 has tripled, which could reduce the currency's inflation within the network and potentially lead to a long-term price increase
🔗 On-Chain Data Analysis of AAVE:
▪️From the perspective of the volume of coins in profit and loss, the $228 zone with 1.67 million AAVE coins in profit can be considered a support level. Additionally, the $257 zone with approximately 700,000 AAVE acts as a resistance level. However, the number of coins in profit remains higher.
▪️The size of large transactions increased as the price reached resistance zones, reflecting selling pressure from this group. However, at present, no significant changes in large transactions are observed. Moreover, active addresses remain neutral.
▪️On the other hand, we find that whales hold about 55.3% of AAVE tokens, which indicates that whale movements are of great importance. In this regard, examining the inflow of AAVE into large holders' wallets, we observe that they have been accumulating as the price declined.
📅 Weekly Timeframe
In the weekly timeframe, not much has changed compared to the previous analysis. After the price reached the $371.48 support and was rejected from this area, the corrective phase continued until the Minor Support zone at $202.63. However, the bullish momentum in this coin was strong enough that the price only wicked down to this support and has now returned above this area.
🔍 The parabolic trendline still exists and could act as an important level in case of further corrections. Breaking this trendline would weaken bullish momentum, making the uptrend slower.
✔️ If the $371.48 resistance breaks, we can expect the price to move towards the ATH at $532.60. If the $543.60 resistance is also broken, I will update the analysis to determine potential new targets for AAVE.
🔽 On the bearish side, if the trendline breaks and a candle closes below $202.63, the market's bullish momentum will weaken, and the price could experience deeper corrections, potentially reaching $130.24 and $77.45. The primary support level is at $51.76, but for now, reaching this area seems unlikely.
📊 The candle volume has been increasing since the price started its bullish trend from $51.76, aligning with the uptrend. The RSI is also in a good position for an uptrend, with no visible divergence. As long as this oscillator stays above 50, the bullish momentum will remain intact.
📅 Daily Timeframe
In this timeframe, we can observe price movements in more detail over the past few weeks. As you can see, after breaking below the $282.15 low, the price has corrected to the 0.5 – 0.618 Fibonacci retracement zone.
✨ Currently, it seems that the price is forming a base. If it can establish a strong support in this area, the next bullish leg will begin with greater momentum and strength.
⚡️ The candle volume is decreasing during the correction phase, indicating seller weakness. Since selling volume has not significantly increased, if buyers re-enter the market, the price could move upward.
🔼 If the price returns above $282.15, the bullish scenario will become more likely, and breaking $382.61 will confirm the next bullish leg.
📉 On the bearish side, if the correction continues and the price reaches the $194.97 support, a break of this support would confirm a trend reversal and shift the market to a bearish outlook. A break of RSI 30 would strongly support this bearish scenario.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Lend
DreamAnalysis | AAVEUSDT Key Triggers and Potential Trends📚 Welcome to Today’s Analysis
Today, I’m going to analyze the AAVE coin for futures and review the potential entry triggers and probable trend. The analysis will be conducted in daily and 4-hour time frames.
📊 Daily Time Frame
In the daily time frame, we see a strong bullish move with a healthy trend. During this movement, volume has also increased, indicating the strength of the trend.
Additionally, the movement is parabolic, and each time the price corrects less and continues with greater momentum.
After breaking the 117.65 resistance, the price moved up to the next resistance at 149.59 and is currently in a correction phase.
If the price finds strong support from the curved trendline or breaks through the 149.59 resistance, we can expect the start of the next move, targeting the next resistance at 186.82.
The RSI indicator, if it breaks above 64.88, will confirm the entry of momentum into the market. Additionally, a volume increase during the break of 149.59 will confirm volume strength.
On the other hand, if the price breaks the curved trendline and we see a confirmation of Dow Theory (Lower Low) or a break of 117.65, it will signal the end of the uptrend. The target for this bearish move could be 77.66, which is currently AAVE's key support.
For the RSI, confirmation of bearish momentum will require it to not only break the trendline but also fall below the 50 zone, indicating that downward momentum is entering the market.
📉 4-Hour Time Frame
In the 4-hour time frame, after reaching the 154.32 resistance, the market has entered a correction and consolidation phase. Since the higher time frame trend is bullish, the volume of corrective candles has decreased, and the uptrend remains strong.
In this time frame, we have two long position triggers at 146.88 and 154.32, with the RSI confirming momentum if it breaks 60.71.
For a short position, the risky trigger is at 138.14, and the confirmed trigger is at 117.65. The RSI will confirm momentum if it breaks below 42.70.
🚀 Current Market Outlook
In the short term, the trend for AAVE appears to be corrective, and it may even make a downward move. However, in the long term, the outlook for this coin remains bullish.
AAVE/USD 1w Longterm Bullish !AAVE/USD 1w Longterm Bullish !
In 2024, I expect a rise in the aave with the re-blowing of the de-fi wind. The halving period may be a correction, but when we look at the long term, I think the upward trend has started.
Indicator: Gaussian channel
AAVE/BTC 1w
AAVE/USD 1w Lineer
#NEXO/BTC 2D (#Binance) Broadening wedge breakout and retestNexo is pulling back to previous support where we expect it to bounce towards 100EMA resistance.
⚡️⚡️ #NEXO/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 8.4%
Current Price:
0.00002340
Entry Targets:
1) 0.00002262
Take-Profit Targets:
1) 0.00002798
Stop Targets:
1) 0.00001994
Published By: @Zblaba
$NEXO #NEXOBTC #Nexo #CEx #Payment
Risk/Reward= 1:2
Expected Profit= +23.7%
Possible Loss= -11.8%
Estimated Gaintime= 2 months
nexo.com
AAVE Cryptocurrency token breakoutAAve cryptocurrency price is now at trend line breakout. breakout above this will send price higher and give good gain price aave value.
aave stacking reward are also good and one of the best defi project in the crypto industry.
wait for price to close above trend line stop loss below the support zone.
AAVE 1D The price is close for a tasty purchase in longWe haven't updated the idea for AAVE for half a year
Those interested can see a series of ideas on AAVEUSDT in our profile, where we described in some detail the project and our thoughts on possible future price movements.
If you look at the current AAVEUSDT chart, you can see that over the past 10 days, buyers have become more active and were able to raise the price by x2 . After that, the price hit a strong mirror level of $340 , which previously cleverly coped with the role of support.
Now the local correction of the AAVE price has begun, during which we will see how strong the buyers are.
If this correction ends around $250 , then the assumptions that there are a lot of buyers, and they are serious about driving the price of AAVEUSD higher to the next mark in the area of $500 , according to the white scenario, will be confirmed.
If sellers push the AAVE price below $250 , then the next zone where buyers should activate is in the region of $190-210 . And after a while, you can safely wait for the development of growth in the blue scenario , the upper global goal of which is in the region of $800-860
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
$AAVE/USDT 4h (Binance Futures) Bull-flag breakout and retestAave has pulled back retesting the broken descending channel acting as bullish flag!
Current Price= 497.44
Buy Entry = 476.20 - 462.55
Take Profit= 519.47 | 563.80 | 647.69
Stop Loss= 429.55
Risk/Reward= 1:1.25 | 1:2.36 | 1:4.46
Expected Profit= +21.28% | +40.16% | +75.90%
Possible Loss= -17.02%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 2 weeks
$AAVE/USDT 12h (Binance Futures) Ascending channel on supportAave is on Trend-Line, parallel channel and 100EMA support, it seems to be ready for another leg-up!
Also we can see a break and retest so resuming the up-trend here would be likely.
Current Price= 368.024
Buy Entry= 366.786 - 352.586
Take Profit= 440.407 | 582.832 | 711.557
Stop Loss= 299.944
Risk/Reward= 1:1.35 | 1:3.74 | 1:5.89
Expected Profit= +22.44% | +62.04% | +97.83%
Possible Loss= -16.61%
Fib. Retracement= 0.618 | 1 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 1 month
$AAVE/USDT 3h (Binance Futures) Bullish pennant breakoutAave is looking ready for bullish continuation after that clear breakout.
Current Price= 533.409
Buy Entry= 531.654 - 511.390
Take Profit= 602.332 | 676.492 | 769.180
Stop Loss= 467.793
Risk/Reward= 1:1.5 | 1:2.88 | 1:4.61
Expected Profit= +31.00% | +59.42% | +94.98%
Possible Loss= -20.60%
Fib. Retracement= 1.272 | 1.618 | 2
Margin Leverage= 2x
Estimated Gain-time= 240h
AAVE 12h It grows well, but correction is still neededOur previous idea did not work as we would like.
The correction that was supposed to have failed, and the AAVEUSDT price immediately aggressively move to the level of $194 , and only from there was a more or less correction to $150.
However, buyers' aggression did not allow the AAVEUSD price to stay there for a long time and fired a rocket upwards.
Perhaps, we missed some important news regarding the AAVE project, which makes such a desire only to buy? Write about it in the comments.
For 3 months the AAVEUSDT price has been moving upward in the channel. The parabolicity of the movement begins to gain a vertical character.
We assume that in the coming days, AAVEUSDT will rise maximum to $310-312, from where a good correction will be needed.
A fall by -30% to $215 would not be a bad growth correction to start with.
Shorts in a growing market are a very dangerous idea.
When trading on margin, you should always remember:
- longs have lower levels that you can focus and below zero the price cannot fall
- shorts have no upper level, and the combination of pump + margin calls and liquidation can drive the price very high.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
AAVE 1D Correction to $110 and then we will seeThe AAVEUSDT idea has not been updated for more than a month, but it's time, because the previous idea worked out only for the first target of $63.
And then the rebound turned into a powerful growth , which still continues.
Though, this growth has reached the Fibo level, similar to the Fibo level BTCUSDT at $42,000, and we know what happened with Bitcoin.
As of now, the high was $146 and the Fibo level was $150. Therefore, we assume that at least a correction to the level of $110 can begin.
At this level the further directions of the price movement will be solved:
Growth to $190.
Whether a break of the wedge down with the first target in the liquidity zone of $75-90 , and maybe with the fall continuation to $62.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
AAVE-4h. The next target - $112-117.Our previous idea reached the target and tested the strength of buyers in the range of $73-76.
An important moment took place today in the AAVE market. Buyers managed to gain above the $90 mark. This mark has been a problem for buyers since the beginning of December and it has led to a correction in the price of AAVE.
Given the bullish mood in the crypto market and the update of the local maximum AAVE buyers are looking for a test range of $112-117. In this range, it will become clear whether the price will remain within the wedge or whether there will be an acceleration of the growth trend.
The critical point of this scenario is the range of $87-90
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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AAVE 1D Globally, the cost can be highily reducedWe tried to schematically combine two charts: the old LEND and the new AAVE.
For more details on what has happened in the project over the past months , read the previous ideas accordingly.
It looks like a "Double Top" reversal pattern may form globally. But before its final formation, many conditions and time still need to be fulfilled, so everything is in order.
At the moment, the critical level is $75 . If buyers fail to protect it, sellers will begin to push down significantly more.
The intermediate level of the fall stop can be $63-64.
A rebound is possible from there.
However, buyers should really turn on all the strengths to protect the level $49-50.
___________________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
AAVE-2h. Sellers are trying to test $73.One of the strongest coins in terms of active price growth could not keep above $90.
The last wave of growth on December 5 was not as dangerous fast as $AAVE can do.
The price need correction. The local point is $80 , but a good liquidity zone is near $73 .
If sellers start to fall sharply on large volumes, it will indicate a protracted correction to $59.
However, we will not run far ahead)
____________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
AAVE/USDT 45m (Binance Fut) Descending channel breakout & retestAave could be forming a bull-flag here (continuation), I expect a last pullback down to 200MA before the next big move up.
Current Price= 56.971
Buy Entry= 54.837 - 51.837
Take Profit= 58.907 | 63.242 | 66.528
Stop Loss= 47.767
Risk/Reward= 1:1 | 1:1.78 | 1:2.37
Expected Profit= +10.44% | +18.57% | +24.73%
Possible Loss= -10.44%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 72h