As per Cryptofrontnews, $ASTER has broken out of a long-term descending channel and retested the $1.30–$1.32 level, showing renewed bullish momentum. The token’s market cap rose above $2.6B, reflecting growing investor confidence. A total of 154M tokens have been repurchased, with 77M burned, reducing circulating supply by 3.9%. The breakout suggests potential for further upward movement, with a target of $2.60–$2.70. Intraday pullbacks near $1.31–$1.32 were observed, but the overall bullish trend remains intact.
$ASTER Breaks Long-Term Descending Channel, Market Cap Surpasses $2.6B
CryptofrontnewsShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.