Aerodrome Finance Price Prediction 2025: AERO Price Analysis Sees BASE Adoption Boosting Potential

Key Takeaways

• Aerodrome Finance’s AERO token debuted on the market in February 2024.
• After a downturn in the summer, the crypto has been moving upwards over the last month or so.
• Our price prediction says AERO could reach $3.12 in 2025.

Aerodrome, the trading and liquidity marketplace on the Base blockchain, is experiencing substantial growth in trading volume, particularly within its Slipstream pools.

The total trading volume of Slipstream has already captured 64% of the volume of comparable pools, surpassing prominent competitors like Uniswap V3.

The platform’s native token has recovered over the last month or so, and on Oct. 8, 2024, AERO was worth about $1.15.

Let’s examine our own Aerodrome Finance price predictions. We will also examine some of the Company’s price history and explain a little about what It is and what it does.

Aerodrome Finance Price Prediction

Let’s examine some of the Aerodrome Finance price predictions CCN made on Oct. 8, 2024. It is crucial to remember that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate.

Our price prediction will use the wave count method.

The most likely wave count suggests that AERO has completed a five-wave increase and an A-B-C correction beginning in Jan. 2024.

If the count is accurate, the price of AERO began another five-wave increase in July. The increase is already lengthier than the previous one, likely because of the third wave extension. 

If this upward movement has the same magnitude but twice the duration that started in January, AERO will reach a high of $2.75 in December 2024. 

Then, we can project a correction similar to that which started after the April all-time high. This correction could continue until March 2025, and during this projected decline, the wave count method gives a target of $1.95 for the end of 2024. 

We will then use the rate of increase from March 2024 to the projected low in March 2025 to make an AERO price prediction for the end of 2025 and 2030. 

During this time, the AERO price is projected to increase at a rate of 0.6% daily. Extrapolating this rate of increase until the end of 2030 gives price predictions of $2.60 and $8.70, respectively.

AERO Price Prediction for 2024

The wave count method gives an AERO price prediction range of $1.56 to $2.34 for the end of 2024.

AERO Price Prediction for 2025

The wave count method combined with the daily rate of increase gives an AERO price prediction range of $2.08 to $3.12  for the end of 2024.

AERO Price Prediction for 2030

The wave count method combined with the daily rate of increase gives an AERO price prediction range of $6.96 to $10.44  for the end of 2030.

AERO Price Analysis

The daily time frame price action shows that AERO broke out from a descending resistance trend line on Sept. 19. The trend line existed for 138 days before then, leading to three rejections (black icons).

After the breakout, the price of AERO reclaimed the $1 horizontal resistance area and validated it as support on Oct. 3 (white icon).

While this is a bullish development, the long upper wicks near $1.20 (black circle) are worrying since they signify that bulls did not have enough strength to maintain the increase.

Additionally, technical indicators show some signs of concern. While the Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) moved above 50 and 0 during the breakout, they have lost their momentum and are falling.

However, they still have not fallen below their bullish thresholds.

So, while the daily time frame readings are not decisive, they lean more toward a bullish trend as long as the AERO price does not close below $1.

Short-Term AERO Price Prediction

The AERO price prediction for the next 24 hours suggests that AERO can fall toward the $1 horizontal area before eventually resuming its upward movement.

Aerodrome Finance Average True Range (ATR): AERO Volatility

The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.

A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.

Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels. On Oct. 8, 2024, Aerodrome Finance’s ATR was 0.001392, suggesting relatively low volatility.

Aerodrome Finance Relative Strength Index (RSI): Is Aero Overbought or Oversold?

The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively. Movements above and below the 50 line also indicate if the trend is bullish or bearish.

On Oct. 8, 2024, the Aerodrome Finance RSI was at 31, indicating bearing but not quite oversold conditions.

Aerodrome Finance Price Performance Comparisons

Aerodrome Finance Price History

Aerodrome Finance Market Cap

The market capitalization, or market cap, is the sum of the total number of BTC in circulation multiplied by its price.

On Oct. 8, 2024, Aerodrome Finance’s market cap was $747 million, making it the 205th-largest crypto by that metric.

Aerodrome Finance Supply and Distribution Fact Box

From the Aerodrome Finance Whitepaper

In its technical documentation or whitepaper , Aerodrome Finance says that it is “a next-generation AMM aiming to serve as Base’s central liquidity hub, combining a powerful liquidity incentive engine, vote-lock governance model, and friendly user experience. It inherits the latest features from Velodrome V2.”

The protocol aims to enable token swaps and generate fees (from traders) by attracting liquidity.

Every epoch liquidity provider (LP) receives $AERO token emissions proportionally to the votes the pools accumulate. Only staked (in the protocol gauges) liquidity receives emissions.

What Is Aerodrome Finance?

How AERO Works

Is Aerodrome Finance a Good Investment?

It is hard to say. The coin has been around for more than six months now, and despite rapid growth after its launch, its price is down from where it was in April.

As always with crypto, you should do your own research before deciding whether or not to invest in Aerodrome Finance.

Will Aerodrome Finance go up or down?

No one can really tell right now. While the Aerodrome Finance crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind, too, that prices can and do go down and up. 

Should I invest in Aerodrome Finance?

Before you decide whether or not to invest in Aerodrome Finance, you will have to do your own research, not only on AERO, but on other related coins and tokens such as Ethereum (ETH) and Solana (SOL). Either way, you will also need to ensure you never invest more money than you can afford to lose.

FAQs

Disclaimer

Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability, and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.