AERO EMA Indicator of Potential Trend ReversalA quick snapshot of AEROdrome Finance COINBASE:AEROUSD recent performance.
AERO has has stellar past year performance but has remained in a down trend / consolidation cycle for multiple weeks. Here we see some signals of potential trend reversal on the EMA chart with a few good entry opportunities in the near-term timeframe.
Will AERO continue the impressive performance we saw last year? Or will investors loose interest and move on to other markets? Keep an eye on AERO is all we can say!
Info
Aerodrome Finance is a next-generation AMM designed to serve as Base's central liquidity hub, combining a powerful liquidity incentive engine, vote-lock governance model, and friendly user experience. Aerodrome inherits the latest features from Velodrome V2. Aerodrome NFTs vote to distribute token emissions and receive incentives and fees generated by the protocol.
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@AerodromeFi
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