Aave V4 Launches on Arc Blockchain, SAFEs Price May See Short-Term Uptick

Aave V4 has launched on the Arc blockchain, marking an important milestone for the lending protocol.

Market analysts are watching the SAFE/USDT pair closely, as technical indicators suggest a potential short-term bullish reversal.

The price of SAFE has successfully crossed above the MA(7), indicating immediate buying pressure. However, it faces resistance at the MA(25) and Middle Bollinger Band (MB).