• ASTER Holds Strong Support – ASTER rebounded from 1.62 and sustained above 1.65, signaling renewed momentum toward the 1.70–1.73 zone.
• HYPE Eyes $50 Resistance – A +5.13% daily gain, higher volume, and easing bearish MACD suggest potential continuation if $50 breaks.
• ENA Pair Shows Resilience – Intraday gain of 4.63% highlights recovery strength, while long-term gains of 111% in 3 months reinforce bullish structure.

The cryptocurrency market recorded fresh momentum as ASTER, HYPE, and another ENA pair closed with notable intraday gains. Buying activity increased across sessions, pushing prices higher while strengthening short-term outlooks. Traders now weigh immediate resistance zones against the broader market’s ongoing recovery trend.

ASTER Gains Ground

ASTER advanced 2.76% intraday, closing near 1.6664 after breaking out from its earlier flat movement. The asset surged to 1.7308 before retracing to short-term support near 1.62. It then rebounded toward current levels, confirming renewed demand.

                                         Source: ainvest.com 

Volatility increased as ASTER traded between 1.62 and 1.72, showing active profit-taking. Despite swings, the price stabilized above 1.65, maintaining bullish structure. Sustaining momentum here could lead to another attempt toward resistance at 1.73.

Performance metrics remain flat across shorter timeframes, while year-to-date and one-year growth hold at 2.66%. This indicates momentum-driven gains rather than accumulation. The asset now faces a decisive phase with resistance overhead.

HYPE Rebounds with Strength

HYPE posted a +5.13% daily gain, closing at 47.542 after a rebound from 44.575. The session high reached 48.106, underlining demand recovery. The price reclaimed key moving averages, including the MA20, which often signals short-term direction.

                            Source: ainvest.com 

Trading volume stood at 6.50M, stronger than previous sessions, supporting the move higher. Green volume spikes added conviction to today’s recovery attempt. However, $50 remains the immediate resistance level for continuation.

Momentum signals also shifted as MACD histogram bars contracted, pointing to easing bearish pressure. Signal lines are converging, suggesting possible trend reversal. A bullish crossover could open targets toward 50–52 in coming sessions.

Ethena Pair Records Sharp Intraday Rise

Another ENA pair gained 4.63% intraday, closing at 0.58480 after testing highs of 0.59780. The move followed a rebound from 0.53520 lows, highlighting strong demand. The price stabilized above 0.58 despite a slight retracement.

                                       Source: ainvest.com 

Short-term performance remains weak, with declines of -2.14% over 5 days and -14.91% over one month. However, long-term figures show resilience, including +111.92% over three months and +76.77% over six months. These numbers reinforce the broader bullish backdrop despite corrections.

Longer-term data shows a 50.72% gain over one year and +95.03% over five years. Year-to-date returns remain negative at -35.65%, reflecting ongoing challenges. The asset now holds above 0.58, preparing for a test of the 0.60 resistance level.