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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Here’s Why Aerodrome Finance (AERO) Price Could Be Ready for Its Next Big Rally
Aerodrome Finance price keeps showing strength even after its big summer run. At writing, the token is holding well above the crucial zone where sellers once had control
Sjuul, the analyst behind AltCryptoGems, calls this a textbook “resistance flip and retest.” In simple words, a price area that used to cap rallies has now turned into solid support
This is an important bullish signal because it means buyers are stepping in every time the price dips near that level. The fact that AERO keeps trading comfortably above this line is a sign that demand is still strong.
AERO Chart Still Looks Perfectly Bullish
When you look at Sjuul’s daily chart, the story gets even clearer. The pattern shows a series of higher lows, which is exactly what you want to see in a healthy uptrend
After breaking out from its old range, AERO price came back to test that breakout point and held it without losing momentum. Instead of sliding lower, the price has been consolidating above the old ceiling
That kind of action usually points to accumulation, smart money quietly buying, rather than a market that’s running out of steam. As long as AERO doesn’t break below its flipped support, the bigger structure stays bullish and ready for another move up.
Image Source: X/Sjuul Why Traders Expect More Upside
This kind of setup often attracts fresh capital because it provides a clear roadmap. Traders know where to place stop-losses (just below the support) and where to aim for potential gains (the next major resistance levels)
With the overall crypto market gaining strength and Base ecosystem projects getting more attention, AERO has the backdrop it needs for another leg higher
Read Also: What Tonight’s FOMC Means for Bitcoin, Ethereum & Solana
Sjuul highlights that the only real risk to the bullish case is if AERO price loses its higher-low pattern and drops back into the old trading range. Until that happens, the path of least resistance remains upward.
Aerodrome Finance Short-Term Outlook
If AERO can keep holding this flipped level and trading volume remains solid, another rally could soon follow. The next resistance levels are higher up, leaving room for the price to stretch toward new highs
Put simply, as long as buyers continue to defend support, Aerodrome Finance price looks primed for its next big rally, one that could take it well beyond its current consolidation zone.
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The post Here’s Why Aerodrome Finance (AERO) Price Could Be Ready for Its Next Big Rally appeared first on CaptainAltcoin.