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Crypto World

ASTER jumps 9% above $0.60 as traders eye breakout toward $1 target

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Aster cryptocurrency token placed on dollar banknotes and a desk with a trading chart rising in the background.
Aster cryptocurrency token placed on dollar banknotes and a desk with a trading chart rising in the background.
  • Aster traded to highs of $0.65 amid a 9% uptick in 24 hours.
  • The bounce from lows of $0.43 on February 5, 2026, could extend amid a retest of key levels.
  • Risks of a downturn remain as Bitcoin and Ethereum struggle.

ASTER is among the top-gaining altcoins on the day, as its price surges by nearly 9% to extend its upside movement above $0.60.

The token, native to the innovative decentralized exchange platform Aster, is showing this renewed strength amid broader market weakness.

On Tuesday, as Bitcoin and Ethereum held around $68,000 and $2,000, respectively, Aster jumped to intraday highs of $0.65.

A potential upside continuation as traders target more gains is shaping up, although overall sentiment means that profit-taking might still be a factor.

Aster price posts 9% bounce

The crypto market has significantly flipped bearish since the downturn that smashed bulls’ optimistic outlook on October 10, 2025.

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In the latest extension of that negative sway, Aster’s price fell to lows of $0.43, with losses mirroring the sharp sell-off to $60k for BTC and $1,740 for ETH.

However, just as BTC bounced to $70k, the altcoin regained some upside momentum and surged to $0.60.

Bulls have held above this level in the past two days, having tested $0.65 on three occasions in the time frame.

ASTER recorded nearly 9% in 24-hour gains, cutting losses over the past week and now trades in the green over this period.

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While the bounce aligns with a slight shift in broader sentiment, the dip in trading volume means buyers have not stepped in forcefully.

If the platform’s recent launch of 0% maker fees across all markets draws significant liquidity and user interest, bulls could seize control.

ASTER price forecast

On the one side, a potential pump to $1.30 looms, and on the other, a failure to solidify gains could spell danger.

For bulls, the daily chart reveals a falling wedge breakout, a bullish pattern signaling potential reversal as price compresses and escapes upward resistance.

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Key oscillators also remain neutral but lean toward buy signals.

The daily RSI hovers around 53 and is upsloping. However, it is well off overbought conditions.

Meanwhile, the Commodity Channel Index and Average Directional Index both show neutral readings, while the MACD hints at a buy move as the histogram ticks positive with expanding bias.

Aster Price Chart
Aster price chart by TradingView

This setup positions ASTER for a possible short-term pump, with primary supply zones at $0.80 and $0.95.

Breaking to $1 will bring the $1.22 to $1.30 range into view as the next target, which is the top of the projected wedge pattern from November 2025.

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With risks of a pullback in play, key levels to watch include $0.54 and $0.46.

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Crypto World

Bitcoin Breaks 5-Month Losing Streak With $68K March Close: What’s Next?

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Cryptocurrencies, Bitcoin Price, Markets, BTC Markets, Price Analysis, Market Analysis

Bitcoin (BTC) closed March in green, ending the longest monthly losing streak since 2018. Data suggests that the coming months may prove to be profitable for BTC.

Key takeaways:

  • Bitcoin ended March 2% higher, marking the first green monthly close in six months.

  • A similar streak in 2018/2019 led to an over 316% BTC price rebound over five months.

  • Bitcoin price faces stiff resistance at $70,000-$72,000, where key trend lines converge.

Past multi-month downtrends were followed by 300% price gains

Historical price data from CoinGlass confirms Bitcoin printed its first green monthly candle in six months, closing March 2% higher after five straight months of losses.

“This is a massive dose of hopium,” analyst Ash Crypto said in an X post on Wednesday.

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The analyst was referring to a possible shift in momentum, which might lead to a sustained recovery, as seen in previous cycles.

Related: Crypto Fear & Greed Index stuck on ‘extreme fear,’ but is there a silver lining?

The last time this happened was in 2018/2019 when BTC closed February 2019 in green, after six consecutive red months, as shown in the figure below.

This led to a reversal with over 300% returns the following five months, as Bitcoin recovered from the 2018 bear market.

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“Last time BTC dumped 6 months in a row, it pumped the following 5 months in a row that came after!” trader Satoshi Flipper said in a Wednesday post on X.

Cryptocurrencies, Bitcoin Price, Markets, BTC Markets, Price Analysis, Market Analysis
Bitcoin monthly percentage returns. Source: CoinGlass

If history repeats itself, the reversal may continue in April, suggesting that BTC price may have bottomed at $60,000.

Bitcoin’s bullish monthly close is a ”catalyst for fresh inflows into early April,” Trader Caleb said, adding:

“April starts with momentum.”

Bitcoin has a well-established tendency for significant price swings in April.

Since 2013, April has been a green month for eight of the past 13 years, with average returns of about 12.2%

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However, Bitcoin also tends to move in the opposite direction to March in April, and this is true for nine out of the past 13 years. 

In recent years, Bitcoin dropped in April after closing March in green, three out of four times between 2021 and 2024. 

Therefore, while the end of past multi-month drawdowns suggests a rebound is due, data demonstrates that BTC price could also slide in April.

Watch these Bitcoin price levels next

Data from TradingView shows BTC price up 2.5% on the day to trade at $68,470 as the $69,000-$70,000 resistance remains in place.

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Analysts expect Bitcoin’s range-bound price action to continue for longer, with important price levels to look for in case of a breakout. 

These include the $70,000-$72,000 supply zone, coinciding with the 50-day simple moving average (SMA), the 50-day exponential moving average (EMA) and the 1w–1m cohort cost basis

This is also where investors acquired approximately 650,000 BTC, marking a potential point of sell pressure, according to the cost-basis distribution data from Glassnode.

Breaking above this level could see BTC/USD revisit the $76,000 range high and eventually the $80,000 psychological level.

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BTC/USD daily chart. Source: Cointelegraph/TradingView

Zooming out, trader Sheldon Diedericks said Bitcoin could “push into resistance” at $83,000 on the monthly time frame, a key support level from April 2025. The 200-day EMA is also close to this area.

BTC/USD monthly chart. Source: X/Sheldon Diedericks

On the downside, the 200-week EMA at $68,300 and the 200-week SMA at $59,400 remain key levels to watch. Below that, the next major level is Bitcoin’s realized price around $54,000.

As Cointelegraph reported, Bitcoin’s bear market bottom could be formed once BTC price drops toward or below its realized price.