Crypto market sell-off: Why are these altcoins still climbing?

Summary

ASTER ignites! Fueled by CZ’s $2M injection, ASTER breaks free from oversold territory after a pullback from its $1.30 peak. Is this the start of another ascent?

  • XMR is testing $345–$350 horizontal resistance, marketing the upper boundary of a descending triangle.
  • GIGGLE’s 128% surge is fueled by Binance’s recent announcement to donate 50% of GIGGLE trading fees to Giggle Academy.

Bitcoin bled further today, deepening the crypto market’s woes with a 2% drop after yesterday’s carnage. But amidst the red, three defiant tokens ASTER, XMR, and the whimsically named GIGGLE are flashing green, staging a bullish rebellion against the bearish tide.

ASTER

Aster (ASTER) roars back to life! After hitting a bargain basement zone of $0.82–$0.92, ASTER is flexing its muscles, surging 13% in the last 24 hours. The token is now battling to reclaim its 9-day EMA, a level it surrendered after profit-takers cashed in on the recent spike to $1.30. Fueling that initial surge? None other than CZ’s revelation that he scooped up a cool $2M worth of ASTER for his long-term holdings. Is this a sign of things to come for ASTER?

“$1.20–$1.25: the price point that taunted bulls after the October 10th flash crash, morphing into a stubborn wall of resistance. Will it crumble? A decisive break above this barrier could unleash a surge of bullish energy, drawing in opportunistic traders eyeing a run back to the $1.50–$1.60 territory last seen in mid-October.”

Crypto market sell-off: Why are these altcoins still climbing? - 1

ASTER 4H chart | TradingView

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XMR

Monero (XMR) is staging a daring breakout! Up 5% in the last 24 hours, the privacy coin is battling horizontal resistance in the $345-$350 zone, the apex of a tense descending triangle. For a week, XMR has flirted with this ceiling, but today’s candle spiked as high as $380, suggesting bulls are gearing up for a sustained push higher. Is Monero finally ready to shatter resistance and launch into new territory?

XMR’s poised for a breakout. Breach this price ceiling with conviction, and the charts scream $430. Bulls, lock in – the runway’s clear, and liftoff is imminent from $265.

Crypto market sell-off: Why are these altcoins still climbing?

XMR 1D chart | TradingView

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GIGGLE

Giggle Fund (GIGGLE) skyrockets 128% in 24 hours! Binance just announced a major boost for education, pledging 50% of ALL GIGGLE trading fees to Giggle Academy starting this December. Get ready for a future fueled by laughter and learning!

GIGGLE’s staging a comeback! The hourly chart screams short-term reversal, painting a bullish picture of rising highs and lows. Since rebounding from the bargain bin ($47-$50 oversold territory), an ascending trendline’s been its steadfast support. Now, GIGGLE’s coiled like a spring just under the $140 resistance ceiling. Shatter that glass, and we’re talking serious bullish momentum.

GIGGLE 1H chart | TradingView

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