Aster Price Surges Past $1.35 Amid Crypto Market Uncertainty
Aster defies broader market weakness, rallying past $1.35 as bullish momentum builds. The token's 24-hour trading volume exceeds $1.11 billion despite Bitcoin's slump below $90,000 triggering widespread fear.
Technical indicators suggest further upside potential, with the RSI at 63 indicating room for growth before overbought conditions emerge. A successful breach of the $1.26 Fibonacci level and 7-day SMA at $1.18 has strengthened the bullish case.
Market participants attribute the surge to speculative demand surrounding a Stage 4 airdrop and $10 million trading competition. The token's market capitalization now stands above $3.2 billion as it tests ascending support for the third time since November.