Analyst Reveals Bold Price Target for Aerodrome (AERO) Price After Coinbase Base Boost

Aerodrome Finance price has been flying high, gaining 15% in the past day and showing no signs of slowing down. The move comes with a huge spike in trading activity; volume has shot up to $656 million, a staggering 276% increase. 

Traders are piling in, whales are building positions, and exchange reserves are shrinking, all while the broader altcoin market starts to heat up again.

AERO Chart Analysis: Bulls Taking the Lead

The daily chart from Crypto Winkle shows AERO price smashing through the $1.12 resistance that had been holding it back for months. 

This breakout is a big deal, as the next major level to watch is $1.36. Clearing that could be the spark for another strong leg higher.

Read Also: What Needs to Happen for Hedera (HBAR) Price to Reach $1?

Image Source: X/CryptoWinkle

Underneath, the AERO chart reveals a solid long-term support trendline that’s been in place since AERO’s earliest days. 

This line has acted as a safety net multiple times, most recently right before the latest surge, and each time it’s held firm. That’s a sign the underlying trend is still very much intact.

The big target on traders’ minds is AERO price all-time high of $2.33, set in December 2024. If price holds above $1.27, the road to $2 looks wide open. 

Moreover, a push past $1.36 would likely bring in momentum buyers, which could accelerate the climb toward that ATH and beyond.

Read Also: Top Analyst Is Never Selling JasmyCoin: Reveals Bold JASMY Price Prediction

What’s Behind the AERO Price Pump?

Aerodrome Finance momentum is fueled by its position as the main DEX for Coinbase’s Base network. That integration has put it right in the center of growing on-chain activity and boosted demand for the token.

In the meantime, whale wallets have been quietly stacking, taking supply off exchanges and applying pressure to the price to rise.

Pile that onto a more open altcoin space and rebuilt optimism in the markets, and AERO price has the perfect setup for a solid move. If these trends continue, the token could be bound for difficult old highs, and maybe make some new ones in the months ahead.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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