- Aero Bulls suffered tremendously from the trend that began in December and lasted until the end of April
- Dex Token made 45% winnings over the past four days, after Coinbase Acknowledgment
Aerodrome Finance (Aero)The automated market creator (AMM) and decentralized exchange (DEX) on the base network have seen high volume recently. In fact, DEFLILLA DATA revealed that Dex’s 24-hour and 30-day volumes have been higher than Uwaps (uni).
News came out last Friday that Shopify will collaborate with the US Centralized Exchange Coinbase to launch early access to StableCoin payments with Circle’s USDC. This update came one day after message The Coinbase would integrate Bas Dex into their main app.
This saw a movement of excitement for Aero users, which caused the token to rally with 45%. At the press time, the resistance of $ 0.8 was the last obstacle to the bulls before they could challenge $ 1.
Aero begins its recovery with the pus beyond $ 0.8
Source: Aero/USD on TradingView
Since December, Aerodrome Finance Token has been on a downward. It fell well during the November low, a sign that sales pressure was much greater than the purchase pressure towards the end of 2024.
At the time of writing, Altcoin Was still 25% at the beginning of November 2024 was $ 1.06. But with its ascent over the high of $ 0.8, the 3-day market structure Hausse was at press time. 0.52 $ level had served as a demand zone earlier this month.
The next key resistance zone is $ 1, a psychological circular resistance. Due to how deep Aero has dropped since December, the Fibonacci Retracing levels are even higher, to $ 1.55 and $ 1.89.
Despite the haus-like structure, CMF was resolutely below +0.05 mark to emphasize the lack of heavy capital inflows. The fantastic oscillator was barely above zero – another proof of the idea that speed is just starting to become hooked on the higher time frames.
Disclaimer clause: The presented information does not constitute financial, investment, trade or other types of advice and are the author’s opinion solely
