Ethereum

Aurora

Resistance

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Aurora price prediction emphasizes the weakness in the price on the daily time frame.&nbsp;</a> </li> 
 <li> <span>2</span> <a>The crypto price halted near the value of $0.672 heading toward the lower dynamic support.</a> </li> 
</ul> 
<p>Aurora serves as a bridge for Ethereum users and decentralized applications, facilitating their transition to the NEAR blockchain. It provides two key functionalities: the deployment and management of Solidity smart contracts within the NEAR ecosystem, and the seamless transfer of assets, including ERC-20 tokens, across Ethereum, NEAR, and Aurora, using the Rainbow Bridge.</p> 
<p>The platform utilizes ETH as its foundational token to optimize user experience and provide developers with a familiar set of tools. The AURORA token plays a pivotal role in governance, ensuring the protocol evolves correctly. The governance structure of Aurora is encapsulated within the AuroraDAO, which is composed of members from diverse blockchain industry segments and ecosystems.</p> 
<h2 class="wp-block-heading" id="strong-technical-analysis-of-aurora-price-strong"><strong>Technical Analysis of Aurora Price</strong></h2>  
<div class="tradingview-widget-container"> 
 <div class="tradingview-widget-container__widget"></div> 
 <div class="tradingview-widget-copyright">
  <a href="https://www.tradingview.com/" rel="noopener nofollow" target="_blank"><span class="blue-text">Track all markets on TradingView</span></a>
 </div> 
 <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-advanced-chart.js" async>
  {
  "width": "980",
  "height": "425",
  "symbol": "COINBASE:AURORAUSD",
  "interval": "D",
  "timezone": "Etc/UTC",
  "theme": "light",
  "style": "1",
  "locale": "en",
  "enable_publishing": false,
  "allow_symbol_change": true,
  "calendar": false,
  "studies": [
    "STD;EMA",
    "STD;RSI"
  ],
  "support_host": "https://www.tradingview.com"
}
  </script> 
</div>  
<p>The<a href="https://www.thecoinrepublic.com/2023/11/19/near-price-prediction-is-near-a-wise-portfolio-pick-now/" target="_blank" rel="noreferrer noopener"> Aurora price</a> is facing a weakness halting near the value of $0,672 and heading toward the 50 EMA support level.&nbsp; Despite the recent weakness, the price performance of the crypto has been outstanding throughout the year.</p> 
<p>Over a week, Aurora crypto price decreased by approximately 6.10%. Moreover, the coin has grown by almost 33.68% in a month, and 27.06% in the last 3 months. It gave an outstanding return of 670.00% in the last 6 months and grew by 43.66% year to date.</p> <iframe loading="lazy" title="Santiment Chart: Price (AURORA), Price (AURORA) MA(50), Price (AURORA) MA(200)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=aurora-near&amp;pt=AURORA&amp;df=2024-01-06T00%3A00%3A00.000Z&amp;dt=2024-03-29T18%3A29%3A59.808Z&amp;sat=shchcfg_3Ty9RZan5fTz&amp;emcg=1&amp;emhwm=1&amp;wm=price_usd%3B%5B2%3Bprice_usd%3BMA50%5D%3B%5B2%3Bprice_usd%3BMA200%5D&amp;wax=0&amp;wc=%2326C953%3B%23FF5B5B%3B%23FFCB47&amp;ws=%7B%22node%22%3A%22candle%22%2C%22interval%22%3A%2212h%22%7D%3B%3B" scrolling="no"></iframe> 
<p>At press time, the Aurora crypto price was trading at $0.388 with an intraday loss of 1.77%, indicating bearishness on the charts. It has a monthly return of 33% and 43% yearly. It has a market cap of $168.52 Million. Analysts are bullish and suggest the crypto price will attain higher levels in upcoming sessions.</p> 
<h2 class="wp-block-heading" id="strong-aurora-crypto-price-vs-volume-analysis-strong"><strong>Aurora Crypto Price vs Volume Analysis</strong></h2> <iframe loading="lazy" title="Santiment Chart: Price (AURORA), Volume (AURORA)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=aurora-near&amp;pt=AURORA&amp;df=2024-01-06T00%3A00%3A00.000Z&amp;dt=2024-03-29T18%3A29%3A59.808Z&amp;sat=shchcfg_3Ty9RZan5fTz&amp;emcg=1&amp;emhwm=1&amp;wm=price_usd%3Bvolume_usd&amp;wax=0%3B1&amp;wc=%2326C953%3B%232e4bc9&amp;ws=%3B" scrolling="no"></iframe> 
<p>According to the graph of price and volume, the trading volume has declined slightly from the middle of this month and the price has also declined. If the trading volume declines then the price may slip below the trendline.</p> 
<h2 class="wp-block-heading" id="strong-aurora-crypto-social-dominance-vs-social-volume-analysis-strong"><strong>Aurora Crypto Social Dominance vs Social Volume Analysis</strong></h2> <iframe loading="lazy" title="Santiment Chart: Social Dominance (AURORA), Social Volume (AURORA)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=aurora-near&amp;pt=AURORA&amp;df=2024-01-06T00%3A00%3A00.000Z&amp;dt=2024-03-29T18%3A29%3A59.808Z&amp;sat=shchcfg_3Ty9RZan5fTz&amp;emcg=1&amp;emhwm=1&amp;wm=social_dominance_total%3Bsocial_volume_total&amp;wax=0%3B1&amp;wc=%23FF5B5B%3B%2368DBF4&amp;ws=%7B%22interval%22%3A%221d%22%7D%3B%7B%22interval%22%3A%221d%22%7D" scrolling="no"></iframe> 
<p>The graph of social dominance has been decreasing for the last few months, which has negatively impacted the price. Suppose the interaction about crypto increases on social media like X, Instagram, and Telegram then it may leave a positive impact on the price.</p> 
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3> 
<p>Aurora’s price analysis is bullish for the long term and suggests the bullish momentum might continue. Crypto price is within the bulls’ control so the probability of reaching high levels despite mild weakness.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<p>Support Levels: $0.349</p> 
<p>Resistance Levels: $0.672</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>It’s important to note that the views and opinions presented in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading stocks carries inherent risks, and readers should conduct their research before making any financial decisions.</p>

Aurora Price Prediction: Will it Break Below the Key EMAs?

Table of Contents

Thecoinrepublic.com

Other articles published on Mar 29, 2024

Bitcoin Breaks $70,000 Barrier as Crypto Market Sees Upward Trend

Bitwise CIO Foresees Billion-Dollar Influx into Bitcoin via ETFs

Dogecoin Surges 37%: April Price Potential?

Binance Executive Escapes Nigerian Detention with Fake Passport Amid Tax Evasion Charges

BlockDAG Commands the Crypto Scene With Nearly $9.9M in Presales, Outpacing Sui and Kelexo

Grayscale Bitcoin ETF Sees Drastic 60% Drop In Outflows, Why This Is Important

Join our free newsletter for daily crypto updates!