AERO, a token powering the Aerodome Finance project, has surged an impressive 21%, reaching its highest point in six months. This sudden spike was driven by Coinbase integration talks and increasing trading activity on decentralized exchanges (DEXes). 8 million users are expected to gain access through this integration, creating significant momentum for AERO. 276% increase in volume indicates high demand, contributing to a market cap rise of 20%. Analysts are now assessing the next key price target for AERO.
Coinbase’s integration promises direct access to Coinbase’s users and could significantly boost AERO’s price. A surge in spot trading activity on DEXes has contributed to the upward movement, with volume jumping 657% over the past four days. Whales have returned to both spot and futures markets, signaling renewed accumulation. However, indicators suggest this rally might be volatile.
Overbought signals from indicators like the Stochastic RSI (97) warn of potential price corrections. The Relative Strength Index (RSI) at 69 indicates heavy buying pressure but also points to short-term volatility. This suggests AERO’s price could reach $1.24 if buying continues, while a decline in momentum could see it drop back to $0.948.
While the future of AERO is uncertain, this sudden spike has placed it firmly on the crypto radar.