Aerodrome Finance Price Prediction – AERO Price Estimated to Reach $1.55 By Oct 10, 2024

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

• Aerodrome Finance is up 5.44% today against the US Dollar
• AERO/BTC increased by 5.30% today
• AERO/ETH increased by 5.55% today
• Aerodrome Finance is currently trading 23.16% below our prediction on Oct 10, 2024
• Aerodrome Finance gained 123.66% in the last month and is up 3,731.94% since 1 year ago

AERO price is expected to rise by 30.17% in the next 5 days according to our Aerodrome Finance price prediction

Aerodrome Finance price today is trading at $ 1.19 after gaining 5.44% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 5.95% in the same time period. AERO performed well against BTC today and recorded a 5.30% gain against the world’s largest cryptocurrency.

According to our Aerodrome Finance price prediction, AERO is expected to reach a price of $ 1.55 by Oct 10, 2024. This would represent a 30.17% price increase for AERO in the next 5 days.

AERO Price Prediction Chart

Buy/Sell Aerodrome Finance

What has been going on with Aerodrome Finance in the last 30 days

Aerodrome Finance has been displaying a positive trend recently, as the coin gained 123.66% in the last 30-days. The medium-term trend for Aerodrome Finance has been bullish, with AERO increasing by 107.68% in the last 3 months. The long-term picture for Aerodrome Finance has been positive, as AERO is currently displaying a 3,731.94% 1-year price change. On this day last year, AERO was trading at $ 0.031008.

Aerodrome Finance reached its all-time high price on Apr 12, 2024, when the price of AERO peaked at $ 2.30. The current AERO cycle high is $ 1.25, while the cycle low is at $ 0.401494. AERO has been displaying high volatility recently – the 1-month volatility of the coin is at 29.20. Aerodrome Finance recorded 21 green days in the last 30 days.

Aerodrome Finance technical analysis for today – Oct 05, 2024

The sentiment in the Aerodrome Finance markets is currently Bullish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 1.07, $ 0.998491 and $ 0.951003, while $ 1.18, $ 1.23 and $ 1.29 are the key resistance levels.

Bullish sentiment for Aerodrome Finance

20 indicators are currently signaling a bullish prediction for Aerodrome Finance, while 4 indicators are showing a bearish forecast. With 83% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Aerodrome Finance.

Crypto market is currently experiencing Neutral

Currently, the Fear & Greed index is at 49 (Neutral), which signals that investors have a neutral outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Aerodrome Finance moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Aerodrome Finance is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Aerodrome Finance is at 68.28, suggesting that AERO is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Aerodrome Finance over the last 50 days. Currently, Aerodrome Finance is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the AERO closing price for the last 200 days. AERO is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this Aerodrome Finance prediction

After considering the above factors, we can conclude that the current forecast for Aerodrome Finance price prediction is Bullish. AERO would have to increase by 30.17% to hit our $ 1.55 target within the next five days. Moving forward, it will be important to monitor the AERO market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Aerodrome Finance price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.