AERO token, the primary token of the decentralized exchange on the Coinbase Base platform, is demonstrating strong performance amid market volatility.
Current Trends and AERO Metrics
Currently, AERO is trading around $0.8132. Despite a slight dip in price over the last 24 hours, the token continues to attract interest from traders. Analyst CryptoED noted that AERO "stood out as the top performer during the recent dip."
Key Resistance and Support Levels
Resistance for AERO sits just below $0.96, while support is around $0.6293. A breakthrough above resistance with strong volume could lead to testing the $1 mark. This level carries psychological weight, and breaking it may attract more buyers.
Growth Prospects for AERO and Base Network
While AERO has lost about 2.25% over the last day and over 13% over the past week, it remains up more than 60% over the last 90 days. There is potential for further growth if interest in the Base network continues to rise alongside discussions about potential regulatory breakthroughs.
AERO continues to gain popularity amidst increasing interest in the Base network and the opportunities it presents, and traders are watching closely for a potential breakout above $1.
