Aster Price Dips 8% But This Secret Ingredient Is Keeping Its Uptrend Alive

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Aster Price Dips 8% But This Secret Ingredient Is Keeping Its Uptrend Alive - BeInCrypto | Crypto Hunter News Crypto News

Aster has slipped 8% in the past 24 hours, yet the altcoin continues to maintain a broader uptrend that has held firm for nearly three weeks. Despite bearish pressure from the wider crypto market, Aster is benefiting from unique structural advantages that are helping it resist deeper declines. Aster Has The Key To A Safe Rally Aster’s negative correlation with Bitcoin is strengthening its position. At the time of writing, the correlation coefficient between Aster and BTC sits at -0.58, indicating that the two assets are moving in opposite directions. With Bitcoin continuing to decline on the daily chart, this negative relationship gives Aster room to rise even as the market weakens. This dynamic has turned into one of Aster’s biggest advantages. As Bitcoin retreats, Aster’s price structure gains support from its divergence, allowing buyers to step in without the usual pressure tied to BTC’s volatility. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. ASTER Correlation To Bitcoin. Source: TradingView Macro momentum indicators are also pointing toward strengthening inflows. The Chaikin Money Flow is showing a sharp uptick, signaling rising capital entering the asset. Sustained positive CMF readings often indicate renewed investor confidence and provide essential backing for continued rallies. Investor support plays a crucial role in maintaining price momentum, and Aster is benefiting from consistent accumulation. If these inflows continue, the altcoin could gain enough strength to push toward the $1.50 mark. ASTER CMF. Source: TradingView ASTER Price Will Continue Its Rise Aster trades at $1.25 while holding above the key $1.20 support level, sitting just below the $1.28 resistance. Its current position suggests that the altcoin may continue rising as long as broader momentum and negative correlation with Bitcoin remain supportive. Based on the current indicators, Aster’s nearly three-week-long uptrend appears likely to extend further. Even with the recent 8% drop, bullish conditions could drive the price toward $1.39. A breakout above that level would open the path to $1.50, reinforcing the strength of the ongoing rally. ASTER Price Analysis. Source: TradingView However, if investors decide to lock in profits, Aster could lose its $1.20 support. A breakdown below that threshold may push the price to $1.07. This would invalidate the bullish thesis and signal a shift in sentiment. The post Aster Price Dips 8% But This Secret Ingredient Is Keeping Its Uptrend Alive appeared first on BeInCrypto.

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