AAVE - Blockchain for Decentralized Finance

Aave is a Decentralized Finance lending platform that runs on Ethereum. Non-custodial liquidity protocol allows users to earn interest, borrow assets, and build applications.  

It allows users to lend and borrow in 17 different cryptocurrencies.

Liquidity pools:

The user can deposit cryptocurrency as collateral and borrow other crypto based on collateral value.

Flash Loan-

Flash Loans allow you to borrow any available assets without putting up any collateral and amount to be repaid within one block transaction.


The loan-to-value (”LTV”) ratio defines the maximum amount of assets that can be borrowed with a specific collateral. The maximum amount you can borrow depends on the value you have supplied and the available liquidity.

AAVEUSD surged more than 45% in the past ten days. It holds above the short-term (21 and 55 EMA) and above the long-term moving average. It hit a high of $112.20 and is currently trading around $107.83.

The bullish invalidation can happen if the pair closes below $70. On the lower side, the near-term support is $95. Any break below targets $90/$85. Any breach below $85 targets $70.

The pair's near-term resistance is around $115. Any breach above confirms minor bullishness. A jump to $130/$150 is possible. A surge past $155 will take it to $200.

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 It is good to buy on dips around $85 with SL around $70 for TP of $125/$150.

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