ASTER Pushes To New All-Time High As Bullish Structure Supports Continuation ...
Aster has been making waves across the crypto market after reaching a fresh all-time high of $2.34 just hours ago. Since its launch on September 17, the token has surged by more than 6,000%, an extraordinary move that has captured the attention of traders and investors worldwide. The explosive rally underscores the growing momentum behind Aster, which positions itself as a decentralized perpetual exchange aiming to disrupt the sector. Related Reading: Bitcoin Net Liquidations Stay Negative Near $40M: Analyst Warns Downside Still In Play The token’s rise is not just a speculative event—it....
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Bitcoin price continued to rise yesterday scoring a high of $244. The pattern of the new bullish wave has been established as we explained during our yesterday's "intraday tips" article. By analyzing the 1 day Bitfinex (BTC/USD) charts and plotting the RSI and the 20 day EMA accordingly (look at the below chart), we can conclude the following: The current bullish trend can be viewed as a continuation of the bullish wave that started on the 15th of January, if we consider that the first bullish rally had been halted by a price correction wave that triggered sideways movements for a few....
ASTER, the native token of the decentralized perpetual exchange Aster, officially launched last week and immediately made waves across the crypto market. Backed by Yzi Labs (formerly Binance Labs) and carrying the public endorsement of former Binance CEO Changpeng “CZ” Zhao, the token quickly drew massive attention from traders and investors. Related Reading: Tron Integration Marks Next Phase Of PayPal USD’s Multi-Chain Growth – Details Upon launch, ASTER surged to nearly $1.94, sparking excitement around its potential to rival leading decentralized derivatives platforms. However, the....
Ethereum has the potential to extend its ongoing upside move towards or above $1,500. The second-largest cryptocurrency broke above a consolidation price channel on Wednesday, breaking its upper trendline on surging volumes. So it appears, the channel is an Ascending Triangle that traders perceive as a bullish continuation indicator. An Ascending Triangle structure develops when […]
Aster’s native token, ASTER, surged 1,650% in its first 24 hours of trading and reached $0.528, according to platform reports. Related Reading: FalconX Moves 413K Solana Worth $98M – Impact On SOL Price Trading volume for the token in that window was listed at $345 million, and the launch reportedly drew 330,000 new wallets. Rapid User Growth And Liquidity According to on-chain data and platform disclosures, Aster’s total value locked jumped from $660 million to $1 billion shortly after launch. The platform claims total users of 1.848 million, with seven-day new user additions hitting....
DeFi comes and goes, but the latest developments in the sector have surprised even experienced players. The perpetual DEX (decentralized exchange) sector has entered a cooling phase. Total value locked (TVL) declined from an all-time high of about $6.1B on September 13 to roughly $5.1 B by September 22. However, with gains of 600% and 2100%, respectively, two new entrants – Avantis ($AVNT) and Aster ($ASTER) – are quickly gaining traction, resisting the broader downturn with impressive increases in both token price and protocol adoption. Avantis: Rapid but Steady Growth Avantis’s native....