The price of Aerodrome Finance tokens demonstrates significant strengthening, attracting analysts' attention against the backdrop of a strong technical structure and positive trend.
Current AERO Indicators
According to recent data, the price of AERO is steadily increasing after a consolidation period. Currently, key resistance is in the range of $1.07–$1.16, where the price is testing this level for strength. Analyst Zephyr described the current situation as 'insanely bullish,' with a confirming RSI momentum currently at 66. It is expected that overcoming this level will open the way to values around $1.26 and potential historical highs within the $1.60–$1.90 range.
Fundamental Growth Factors
Analysts emphasize that the current growth of AERO is not only technical but also fundamental. Aerodrome Finance aims to position itself as the liquidity hub on the Base network, a layer two from Coinbase. The structure of incentives suggests long-term benefits for token holders, and the project team is known for its work with the successful liquidity provider Velodrome.
Future Projections
Currently, the upward trend of AERO remains strong. If the price breaks above the $1.16 level, it may create conditions for reaching new highs. The conditions present in the market and the working structure support hopes for further progress. Zephyr noted that not only does the chart look optimistic, but the fundamental conditions are also favorable for growth in the future.
The current situation with Aerodrome Finance, while potentially subject to volatility, shows positive market indicators that create interest in the token both for existing and future investors.