Aeron had a sudden surge in price with over 400% gain over the course of 3 days then dropped over 50% in a night. While a bearish descending triangle
was formed which indicates a downward trend, it bounced off of major support level
and bounced out of this descending triangle
. With the breakout of the descending triangle
, this shows that the bulls are once again gaining grounds. With it's low circulation in supply and low market cap, this coin is very attractive to investors who are planning to long hold. The sudden increase in price and volume
made it one of the top 10 highest volume
coin being traded on Binance. It could potentially form another all time high within a week.