Aave slips below $124.64 support amid broader market weakness
Aave is trading below a technical support level identified by The Cryptonomist as bearish hourly momentum weighs on the token.
Aave is trading below a technical support level identified by The Cryptonomist as bearish hourly momentum weighs on the token. Aave (AAVE) is trading at ₹11,501 ($122.44), down 0.1% since this brief published. This is an original Token Times brief based on reporting by The Cryptonomist, with live market data added, as of Tue, 10 Nov 2026 16:45:01 UTC.
The immediate focus is whether AAVE can regain the $124.64 reference level while broader risk sentiment remains weak. Aave’s protocol TVL is also declining, adding a measure of sector-level context to the token’s weakness.
- AAVE trades at $122.62, below the cited $124.64 support level
- AAVE is down 7.96% over 24 hours and 4.24% over seven days
- Verified Aave TVL stands at $16.11 billion, down 2.2% over seven days
- Bitcoin is down 2.81% as the Fear & Greed Index registers 32
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- Aave slips below $124.64 support amid broader market weakness — this brief
The Cryptonomist reports that 
Aave is testing $124.64 as an important support area, with bearish hourly momentum pressuring the token while its broader daily trend remains neutral. At the time of the live price check, AAVE was trading at $122.62, placing it below that cited technical level.
The token’s short-term performance is negative. AAVE is down 7.96% over 24 hours and 4.24% over seven days, while its market capitalization stands at $1.89 billion. The combination of a sub-$124.64 price and bearish hourly momentum leaves the referenced support area under pressure.
Verified protocol data from DeFiLlama puts Aave’s total value locked at $16.11 billion, representing a 2.2% decline over seven days. That contraction provides additional context for the token’s weakness, although the supplied figures do not establish a direct relationship between the TVL change and the price move.
The wider crypto market is also broadly lower. Total market capitalization is $2.5 trillion, 
Bitcoin is down 2.81% over 24 hours, and the Fear & Greed Index stands at 32, classified as Fear. The next technical point for traders to monitor is whether AAVE moves back above the cited $124.64 level; no price outcome is implied here.
Since this brief published about 2 hours ago, Aave (AAVE) has moved from ₹11,517.60$122.62 to ₹11,500.69$122.44 — -0.15%.
The chart plots AAVE's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 AAVE ≈ ₹12,182.78 (about $122.44), down 7.3% over 24 hours. The rupee itself trades about 5.9% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 10, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Aave slips below $124.64 support amid broader market weaknes — questions & answers
Where is AAVE trading relative to the cited support?
AAVE is priced at $122.62, below the $124.64 support level identified by The Cryptonomist.
What does bearish hourly momentum indicate?
It means Aave’s hourly price trend is downward, although The Cryptonomist describes the broader daily trend as neutral.
How much value is locked in Aave?
DeFiLlama reports Aave TVL of $16.11 billion, down 2.2% over seven days.
How much is 1 Aave worth in rupee today?
About ₹12,182.78 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $122.44. The rupee price moves with both AAVE's US-dollar price and the USDT/INR rate; use our Aave in rupee page for any amount.
Has Aave's price moved since this brief was published?
AAVE is down 0.15% since this brief first published — trading at ₹11,501 ($122.44) now versus ₹11,518 ($122.62) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The Cryptonomist. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.