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Cryptocurrency News Articles

Aura Price Soars 184% to Trade at $0.08669 as Trading Volume Surges 4% to $40.6 Million

Jun 12, 2025 at 03:22 pm

The AURA chart on the 3-day timeframe shows a falling wedge pattern that formed over several months, beginning after the peak in mid-2024 and compressing until mid-2025.

Aura Price Soars 184% to Trade at $0.08669 as Trading Volume Surges 4% to $40.6 Million

The price of Aura (AURA) soared 184% in the past 24 hours to trade at $0.08669 by 1:40 a.m. ET, with trading volume also surging 4% to $40.6 million.

The explosive move came as Aura broke out of a long-term falling wedge that formed over several months.

Beginning after the peak in mid-2024, the falling wedge saw prices steadily compress until mid-2025. This pattern is typically considered a bullish reversal structure, and in AURA’s case, it has delivered dramatically.

After bouncing along the descending wedge resistance and finding steady support near the $0.002–$0.003 range, Aura price action coiled tightly near the apex, as GeckoTerminal data shows.

In early June, AURA broke out of this wedge with explosive momentum. The price surged from under $0.005 to hit highs of over $0.08669, an over 1,600% move that signaled a decisive bullish breakout.

The surge also saw Aura hit a new all-time high (ATH) at $0.09603.

After the parabolic surge, the price of Aura has decisively soared above the 50 Simple Moving Average (SMA), confirming the bullish stance.

Meanwhile, the Relative Strength Index (RSI) stands at a staggering 97.58, deep in overbought territory. This level reflects extreme bullish momentum, but also signals that the asset may be significantly overheated in the short term.

The Moving Average Convergence Divergence (MACD) indicator (12, 26, 9) also supports the bullish narrative. The blue MACD line (0.01109) has crossed well above the orange signal line (0.00280), and the histogram shows expanding bullish momentum.

AURA price prediction

The breakout from the falling wedge suggests a major trend shift in AURA.

According to the theory of measured moves for falling wedges, the asset could move through a rally equal to the height of the wedge at its widest point. In this case, further upward movement could propel AURA to its next target, around $0.15.

With the RSI at an extreme level, some short-term cooling is to be expected, either through sideways consolidation or a pullback to test prior resistance around $0.03–$0.04 as new support.

In the meantime, investors are rushing to buy Best Wallet (BEST), which a popular YouTube channel, 99Bitcoins, says is one of the cryptos that could potentially soar 100X after launch.

Best Wallet presale surges toward $14 million

BEST, the cryptocurrency powering the trending Web3 platform Best Wallet, has now crossed the $13.2 million milestone in its presale.

This crypto wallet stands out from industry giants like MetaMask and Phantom, not just because of its native token, but also because of its unique features that you won’t find elsewhere.

Best Wallet offers support for over 60 blockchains, including Bitcoin, Ethereum, Solana, XRP, and Cardano, setting it apart as a multi-chain, non-custodial solution that allows users to fully own and control their crypto assets without depending on centralized intermediaries.

Among the many features offered by Best Wallet, one is gaining outsized interest from investors. That is its “Upcoming Tokens” section, which helps users discover promising projects still in the early stages.

The project’s success in identifying promising cryptos is already well established. It has closely followed Pepe Unchained (PEPU) and Catslap (SLAP), meme coins that went on to deliver massive gains for early investors.

Investors can also select BEST tokens for a huge 106% annual return. Currently, BEST tokens are priced at $0.025165.

Those interested should buy before a price hike in around 13 hours.

Disclaimer:info@kdj.com

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Other articles published on Jun 16, 2025