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Why Is Aurora’s Price Surging? Analysts Reveal Expected Profit Targets

Temitope Olatunji

February 16, 2024

Aurora ($AURORA) has seen a strong surge in price and trading volume over the past day. The token price has increased 20% to reach $0.30 at press time, while 24-hour trading volumes have skyrocketed 1,242.88% to over $10 million.

According to crypto analyst Dr. Crypto G on Twitter, this Aurora price action indicates the start of a larger bull run. He notes that trading volumes have already hit $5 million and price is up 35%, but sees further room for upside. Dr. Crypto G sets a conservative near-term target of $0.50, but notes Aurora could potentially run up to $1.00 in the current bullish conditions.

Major Breakout Signals Start of New Rally Decilizer (@decilizer)

Meanwhile, analyst Decilizer also spots the makings of a major rally in Aurora’s strong 0.24$ breakout. He believes the way Aurora is moving means a $1.00 price target is now likely just a matter of time.

Decilizer further predicts Aurora’s gains will also lift Near Protocol’s $NEAR token in a connected rally. For his own trading, Decilizer highlights he has already secured 6x profits on this emerging Aurora rally. But like Dr. Crypto G, he stresses current conditions mark just the start of Aurora’s next major upside move.

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