- AFRO surges to fresh monthly highs after breaking key resistance level
- Momentum indicators signal potential overbought territory, but bulls still control the trend.
- Bollinger Band expansion hints at the start of a high-volatility phase.
Aerodrome Finance (AFRO), a rising player in the DeFi liquidity space, has made a strong upside push after weeks of sideways consolidation. Currently trading at $1.12195, AFRO is up 3.17% on the day, building on yesterday’s massive bullish candle that smashed through multiple resistance levels.
This rally was triggered after the token bounced off the lower Bollinger Band earlier in the week, a zone that coincided with strong horizontal support. Buyers have since overwhelmed sellers, driving the price above the 20-day moving average and testing the upper band.
Also Read: PEPE (PEPE) Price Prediction 2025–2030: Will PEPE Hit $0.00001550 Soon?
Technical Analysis
Bollinger Bands
The current Bollinger Band setup shows the price riding the upper band at $1.07911 resistance last week before breaking above it. The middle band sits at $0.86869, while the lower band lies far below at $0.65826.
A few sessions ago, the bands were in a mild squeeze, indicating reduced volatility — but the recent breakout has sharply expanded them. Historically, such volatility expansions often mark the start of sustained trends, and given the strength of the breakout candles, AFRO could be in the early stages of a bullish run.
RSI Behavior
The RSI (14) has surged to 71.86, officially entering overbought territory. This suggests strong bullish momentum, but also raises the possibility of a short-term pullback if buyers pause to take profits.
Still, the speed of the RSI climb indicates that market sentiment has shifted decisively in favor of the bulls after a prolonged downtrend in late July and early August.
Support and Resistance
The nearest support sits at the middle Bollinger Band around $0.86869, which also lines up with the recent breakout base. A deeper pullback could find additional buying interest at $0.65826, the lower Bollinger Band.
On the upside, immediate resistance is psychological — around $1.12–$1.15 — where sellers may attempt to slow momentum. If AFRO closes above this zone on strong volume, the next upside target could be $1.20+ in the short term.
Source: Tradingview
Aerodrome Finance (AFRO) Price Prediction Table (2025–2029)
| Year | Minimum Price | Average Price | Maximum Price |
| 2025 | $0.85 | $1.05 | $1.25 |
| 2026 | $1.00 | $1.20 | $1.45 |
| 2027 | $1.15 | $1.35 | $1.65 |
| 2028 | $1.30 | $1.50 | $1.85 |
| 2029 | $1.45 | $1.70 | $2.05 |
Year-by-Year Price Breakdown
2025
AFRO is likely to consolidate between $1.00 and $1.20 for the remainder of the year unless a fresh fundamental catalyst emerges. A decisive breakout above $1.15 could see a push to $1.25.
2026
With DeFi adoption growing and AFRO gaining more exchange listings, the token could average around $1.20, with peaks near $1.45 if market sentiment remains bullish.
2027
As liquidity incentives expand, AFRO may see sustained demand, lifting prices toward $1.65, with a solid base forming near $1.35.
2028
Network upgrades and new protocol partnerships could fuel a rally to $1.85, supported by broader DeFi market growth.
2029
Mainstream recognition and cross-chain integrations may push AFRO to $2.05, with an average trading level of $1.70 as institutional adoption builds.
Conclusion
AFRO has broken free from weeks of consolidation, with technical indicators pointing to strong bullish control. The Bollinger Band expansion and elevated RSI suggest a trend that could carry further in the short term, though caution is warranted given the overbought reading.
Long-term prospects remain favorable, driven by DeFi adoption trends, protocol upgrades, and AFRO’s expanding ecosystem. If current support levels hold, this recent rally could be the foundation for higher prices into 2026 and beyond.
FAQs
1. ]Why did AFRO spike so sharply this week?
The breakout was fueled by strong buying volume after AFRO bounced from key support at the lower Bollinger Band, alongside broader DeFi market strength.
2. Is AFRO overbought right now?
Yes — with an RSI of 71.86, it’s technically in overbought territory, which often precedes short-term pullbacks.
3. What’s the key support level to watch?
The $0.86869 area (middle Bollinger Band) is the most important short-term support, followed by $0.65826.
4. Could AFRO reach $2.00 in this cycle?
While possible, such a move would likely require sustained bullish sentiment and new adoption catalysts, potentially in 2028–2029.
5. Is AFRO a good long-term hold?
For those bullish on DeFi growth and AFRO’s expanding partnerships, the token offers speculative upside, especially if it cements itself as a go-to liquidity provider platform.
Also Read: Lido Staked Ether (stETH) Price Prediction 2025–2029: Can Lido stETH Hit $4,000 Soon?
