🔥 Dogecoin plummets, ASTER surges! A big reveal of the trends in the cryptocurrency market!
Recently, the cryptocurrency market has been lively, and everyone is watching the trends of Dogecoin (#DOGE ) and ASTER 📈📉.
💔 Dogecoin has dropped again!
First, let's talk about Dogecoin. Recently, the price dropped below $0.2650, starting a new round of decline 😱. The price is below $0.260 and the 100-hour moving average, currently forming a bearish trend line on the hourly chart, with resistance at $0.2550.
In the short term, if DOGE wants to make a comeback, the bulls must hold the support level at $0.2450; otherwise, there could be significant downward space. If it breaks below $0.2320, even $0.2250, the short-term target may directly aim at $0.2120 to $0.2050 ⚠️.
Conversely, if a rebound occurs and the price breaks through 0.2550 USD, it may push towards 0.2720 USD, and even challenge the high of 0.2880 USD 💥. Crypto friends, be sure to watch the support level in your operations, don't blindly chase highs!
🚀 ASTER: The new star of DeFi is coming!
After talking about the continually dropping Dogecoin, let's take a look at the hot ASTER 🔥. In the past two days, the trading volume of #asterr has exceeded Hyperliquid, with a 24-hour DEX trading volume reaching 669 million USD, far surpassing Hyperliquid's 514 million USD.
Investor enthusiasm for ASTER is high, with some even comparing it to the last bull market of BNB 📊. Binance co-founder Zhao Changpeng has also shown support on Twitter, which has excited many.
From a technical perspective, ASTER may test support in the range of 1.45 USD to 1.6 USD in the short term. If the bulls hold this area, the price is expected to rebound to 1.99 USD, and it may even push towards 2.9 USD and 3.46 USD 💎.
However, friends, be cautious. The RSI and CMF on the hourly chart both indicate significant selling pressure, and the market is highly volatile in the short term; be careful with your operations ⚡.
🧐 Let's summarize the current state of the crypto market
1️⃣ Dogecoin: Short-term weak, support is at 0.2450 USD, rebound targets are 0.2550 USD and 0.2720 USD.
2️⃣ ASTER: Extremely hot, trading volume is off the charts, if the bulls hold the support, there is a chance for further increases, targeting 1.99 USD to 3.46 USD.
3️⃣ Operation suggestion: consider positioning after the drop stabilizes at support, don't chase highs, don't panic, watch key levels 💡.
💥 Quick notes for crypto newbies
DOGE has dropped, don't panic, look for support; if you want to buy the dip, be patient ⏳
ASTER is hot, but highly volatile, hold the support before getting in 🏎️
Opportunities in a bull market always lie within volatility; keeping a steady mindset is key 😉