Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Aave price slides 10% as bearish momentum sweeps crypto

Aave price slides 10% as bearish momentum sweeps crypto

CoinjournalCoinjournal2025/09/22 20:51
By:Coinjournal
Aave price slides 10% as bearish momentum sweeps crypto image 0
  • Aave dropped 10% in the past 24 hours, signalling strong bearish control.
  • On-chain data shows increased net outflows and spiking intraday volume, indicating panic selling by traders.
  • The $265–$250 range is critical, with a potential further decline to $225 if support fails.

Aave, a leading decentralized finance token, has seen its price drop to $250 as the cryptocurrency market experiences significant price swings.

Increasing bearish momentum has driven significant selling pressure, with Bitcoin and Ethereum at key levels.

Aave price slides to $250

Aave’s price has dropped sharply to $250, breaking below the critical $270–$265 support zone in a decline that marks a significant retreat from its recent highs near $300.

The token now trades well below its key exponential moving averages and is down 25% in the past 30 days.

On-chain data reveals substantial outflows, with netflows showing $11.26 million in exchange movements.

This kind of outlook signals panic-driven selling among traders.

For AAVE, the immediate support range of $245–$250 is now critical, with a potential further slide to $229 if this level fails to hold.

Despite the launch of Aave’s v4 upgrade, which introduced a cross-chain Hub-and-Spoke design, the token has struggled to maintain bullish momentum.

Trading volume has increased 159% in the past 24 hours to $593 million. Although volume is up, the price decline reflects waning retail interest.

Aave price drops as bearish momentum deepens

The deepening bearish momentum in Aave’s price action reflects broader market challenges and technical breakdowns.

The Relative Strength Index has fallen to 20.9, indicating heavily oversold conditions, though no immediate reversal has materialised.

Aave’s market capitalisation has dropped to approximately $3.9 billion, reflecting its underperformance compared to other DeFi tokens.

The crypto market has experienced setbacks, with reduced expectations for a Federal Reserve rate cut dampening demand for high-risk assets.

Aave price slides 10% as bearish momentum sweeps crypto image 1 Aave price chart by TradingView

Large holders have reduced positions, with wallets holding 100,000 to 1 million AAVE cutting their stakes by 4.3%, as some analysts suggest that the oversold RSI could trigger a short-term relief rally.

The failure to reclaim the $289–$292 range keeps the near-term outlook negative if selling pressure persists, as Aave risks testing the $2220 support level.

AAVE bulls last saw these levels in early June 2025.

Broader market outlook

Bitcoin and Ethereum’s declines highlighted a sharp descent for most alts.

Some of the top coins by market cap, like Solana, XRP and Dogecoin, shed recent gains .

Aave’s decline to $250 and the mounting bearish momentum highlight the broader pressure on crypto and other risk assets following sharp gains in recent months.

DeFi tokens, which surged alongside Ethereum’s run to record highs, are now facing renewed selling pressure in the current environment.

Analysts are warning that September could see further downside, with expectations of deeper pullbacks if sentiment continues to sour.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

UXLINK plunges 77% after multisig wallet breach

Cryptobriefing2025/09/23 09:09
UXLINK plunges 77% after multisig wallet breach

Bitcoin Price Flash Crash: Buy the Dip or Brace for More Pain?

Bitcoin price experienced a sharp flash crash, dropping below $113,000. Is this an excellent buying opportunity, or could Bitcoin fall further before rebounding?

Cryptoticker2025/09/23 08:29

Burn Half of $HYPE? A Radical Proposal Sparks Heated Debate Over Hyperliquid’s Valuation

Is an on-chain project ultimately serving large capital or grassroots crypto natives?

深潮2025/09/23 07:27
Burn Half of $HYPE? A Radical Proposal Sparks Heated Debate Over Hyperliquid’s Valuation

Nearly 240 million tokens unlocked, the Sword of Damocles hanging over $HYPE

Success always attracts the covetous eyes of many "predators".

深潮2025/09/23 07:26
Nearly 240 million tokens unlocked, the Sword of Damocles hanging over $HYPE