AAVE and DeFi EXPLAINED | 2 Minute Crypto



Aave is a decentralized money market protocol where users can lend and borrow cryptocurrency across 20 different assets as collateral.

The protocol has a native token called AAVE, which is also a governance token that lets the defi community decide the direction of the protocol in a collective manner.

Lenders can earn interest by providing liquidity to the market, while borrowers can borrow by collateralizing their cryptoassets to take out loans from the liquidity pools.

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Please do your own due diligence and rating before making any investments and consult your financial advisor.Ibelieve that the information presented is correct and accurate, however, there is no guarantee or warranty as to the accuracy, timeliness, or completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

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AAVE Price Prediction | Heading BELOW $65?



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AAVE is undergoing the same struggle that many altcoins are at the moment, that being said, it is trying to find a bottom. Considering how new this asset is, it’s not surprising that it saw a 92% retracement from its all-time high, a number which is somewhat higher than the average retracement we’ve seen for most of the higher cap altcoins. But what does our AAVE price prediction tell us?

Unlike BTC which has seen several weeks in the oversold section of the RSI indicator, AAVE has yet to do so. This is partly because the chart is so new and doesn’t have enough data yet. This would suggest there is more room for the price to move down. That being said we are in a high volume price zone right now, so a break from this level could make for a decent relief rally.

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The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
Please do your own due diligence and rating before making any investments and consult your financial advisor. The information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

#aave #aaveprice #aavepriceprediction

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