- Aero Bulls suffered enormously from the downward trend that started in December and lasted until April
- Dex Token has achieved 45% gains in the past four days, after the announcement of Coinbase
The financing of the aerodrome (AERO), the automated market (MA) and decentralized exchange (DEX) on the basic network, recently experienced a high volume. In fact, Defilma’s data revealed that the 24 -hour and 30 -day DEX volumes were higher than the Uniswap (UNI).
The news announced last Friday that Shopify will collaborate with the US Centralized Exchange Coinbase to deploy early access to Stablecoin payments using the Circle USDC. This update occurred one day after the announcement that Coinbase would integrate the basic Dex into their main application.
This saw a wave of excitement for Aero users, which prompted the token to rally 45%. At the time of the press, the resistance of $ 0.8 was the last obstacle for the Bulls before being able to challenge $ 1.
Aero begins its recovery with the thrust beyond $ 0.8
Source: Aero / USD on tradingView
Since December, the aerodrome financing token has been down. It fell away below November, a sign that the sales pressure was much greater than the purchase pressure towards the end of 2024.
At the time of writing the editorial staff, Altcoin was still 25% below its early November 2024 at $ 1.06. However, with its ascent above the summit at $ 0.8, the 3-day market structure was optimistic at the time of the press. The level of $ 0.52 had acted as a request zone earlier this month.
The next key resistance area is $ 1, resistance to the psychological round number. Due to the depth of Aero since December, Fibonacci’s retirement levels are even higher, at $ 1.55 and $ 1.89.
Despite the rupture of the bullish structure, the CMF was resolutely below the brand of + 0.05 to highlight the lack of capital entries. The brilliant oscillator was barely above zero – another testimony of the idea that the momentum only becomes bullish on higher deadlines.
Notice of non-responsibility: The information presented does not constitute financial investments, exchanges or other types of advice and is only the opinion of the writer
