Autor: dot-traders

• Aster price surged to $0.74 amid a 300% increase in 24-hour trading volume.
• Rally aligns with broader capital rotation into altcoins led by Hyperliquid.
• ASTER bulls need a close above $0.75 for continuation; a close below $0.65 would risk renewed selling.

Aster (ASTER) recorded modest gains, rising to near $0.74 as traders piled into multiple altcoins seen as offering higher profit potential amid Bitcoin’s ongoing struggle.

Although ASTER later pulled back from its peak, the move highlighted renewed speculative capital flowing into niche derivatives and decentralized perpetual markets.

ASTER price jumps amid 24-hour volume spike

The perpetual DEX protocol’s token may be benefiting from a broader rotation into altcoins and renewed interest in perpetuals-related listings, helping drive a triple-digit surge in daily trading volume.

Market data shows the ASTER token tested intraday highs near $0.74 before pulling back slightly amid profit-taking.

Before slipping to around $0.70, ASTER had climbed to levels last seen a week ago.

Bullish sentiment pushed 24-hour trading volume to roughly $256 million, up 300% from the previous day.

That surge in activity helped bulls lift the token higher before profit-taking trimmed gains. At the time of writing, ASTER was still up about 5% on the day.

Can ASTER mirror Hyperliquid rally?

Strength in high-beta altcoins may partly explain Aster’s rebound, with broader capital rotation into altcoins particularly visible among perpetuals-focused projects.

The standout performer has been Hyperliquid, whose HYPE token has surged more than 19% over the past 24 hours and 46% over the past week.

HYPE reached a new all-time high above $62 on Thursday amid growing institutional demand.

Asset manager Grayscale Investments was among the notable buyers, reportedly purchasing more than 115,700 HYPE during the session.

JUST NOW: $HYPE HITS NEW ATH ABOVE $62, MARKET CAP REACHES $15B

— The Wolf Of All Streets (@scottmelker) May 21, 2026

Liquidity and trader attention also appear to be flowing into Aster and related tokens.

The addition of a SpaceX pre-IPO perpetual contract with up to 5x leverage on Aster’s platform may have further fueled speculative inflows, as traders sought leveraged exposure to a headline-grabbing underlying asset.

Aster price forecast

The near-term outlook for ASTER depends on whether the recent volume-driven rally can sustain momentum or fade into a short-lived breakout.

Bulls will need to maintain buying pressure and push the price decisively above the $0.75 resistance level.

A strong, volume-backed close above that threshold could increase the likelihood of further gains as momentum traders and retail investors continue chasing upside.

On the other hand, fading buyer interest could open the door to renewed downside pressure.

A close below $0.65 may trigger additional selling as traders who entered during the spike begin rotating out, while short-term momentum traders turn bearish.

Key support levels to watch remain in the $0.65-$0.60 range, where previous intraday buyers established positions.

 

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• Mantle price rose to near $0.70, supported by rising volume.
• Daily indicators (RSI, MACD) favor short-term upside, but the price remains below a key downtrend line.
• Key resistance looms at $0.71 and support at the $0.60-$0.57 zone.

Mantle climbed nearly 10% on Thursday, reaching intraday highs above $0.69 as a broader altcoin rebound lifted market sentiment.

The move mirrored gains across several mid-cap projects, including Hyperliquid, Zcash, and NEAR, and was accompanied by increased trading volume and renewed attention toward real-world asset (RWA) integrations within Mantle’s ecosystem.

While the technical picture supports further short-term upside, bears remain active near the intraday peak, and a pullback cannot be ruled out.

Mantle price retests barrier near $0.70

The MNT token’s intraday highs marked a decisive retest of the key psychological and technical resistance level at $0.70.

The move comes as bulls attempt to secure a second consecutive green daily candle following a recent dip to $0.61.

Notably, trading volume expanded alongside the rally, rising 116% to $46 million and signaling stronger buying interest.

Mantle is among the crypto tokens benefiting from growing market discussion around RWA projects, with institutional demand expected to rise if the SEC moves forward with allowing blockchain-based tokenized stock trading.

Recent ecosystem developments have also supported bullish sentiment. These include xStocks integrating xChange (Atomic RFQ) on Mantle, the launch of $BILL, and KelpDAO enabling rsETH withdrawals, bridging, and claims.

However, the key question remains whether MNT can break through the $0.70 supply zone.

MNT price prediction

The recent rally places Mantle in a short-term bullish position.

Daily technical indicators show a bullish Relative Strength Index (RSI), while the MACD is signaling a potential bullish crossover, both of which support continued upside momentum.

MNT’s recovery above the $0.65 level also places the token back above short-term moving averages, typically encouraging additional buy-side activity from momentum traders.

However, broader trend indicators still suggest a mixed outlook.

 

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• Ethereum is testing the $2,140 level after an intraweek low near $2,070.
• A technical breakdown raises the risk of a sharp decline to $1,350, CryptoQuant notes.
• Bullish catalysts could include regulatory clarity and continued institutional demand.

Ethereum (ETH) briefly traded back above the $2,100 level on Wednesday after gaining about 1% over the past 24 hours as Bitcoin reclaimed the $77,200 mark.

While the rebound offered some relief for bulls, the altcoin remains under pressure following a sharp weekly decline.

Technical indicators continue pointing to elevated downside risk, with some analysts warning that ETH could face a deeper correction toward the $1,350 level.

Ethereum price today

Market data during the US session on Wednesday showed Ethereum testing the $2,140 zone after rebounding from intraweek lows near $2,070.

The rebound followed several sessions of heavy selling, although ETH remains well below recent swing highs.

Ethereum is currently trading nearly 7% lower for the week and roughly 28% lower year to date.

The Relative Strength Index (RSI) is hovering near oversold territory, which may suggest conditions for a short-term relief bounce.

However, ETH continues trading below all major moving averages on the daily chart, signaling that bearish momentum remains dominant.

Could ETH fall to $1,350 after a bearish breakdown?

One of the primary concerns for bulls is Ethereum’s breakdown below the support trendline of a triangle pattern.

The latest sell-off confirmed the structural breakdown on the daily chart, raising concerns that price action could mirror a similar technical failure earlier this year.

At the time, Ethereum’s price declined sharply from the $2,800–$3,000 range, falling roughly 35% over several days in February. If similar market conditions develop again, analysts warn that selling pressure could intensify further.

Analysts at CryptoQuant highlighted the downside risk in a recent market note.

“If Ethereum fails to reclaim the broken triangle structure, selling pressure could accelerate further, and price may target the $1,350 support level,” CryptoQuant author and analyst Pelin Ay wrote.

Macro conditions and weakening market flows have also added pressure to Ethereum’s price outlook.

Ethereum’s recent weakness has tracked Bitcoin’s broader lack of momentum, with BTC slipping toward the $76,000 area in recent sessions.

Meanwhile, spot Ethereum ETFs have recorded seven consecutive days of net outflows.

Persistent outflows have increased concerns that the recent technical breakdown could develop into a more prolonged downtrend.

Contrasting views and potential support levels

Not all market participants remain bearish on Ethereum’s longer-term outlook.

Bitmine’s Tom Lee said the recent pullback could represent a “buy low” opportunity, particularly as Bitmine’s treasury holdings now exceed 4.37% of Ethereum’s circulating supply.

Some bullish investors continue pointing to longer-term catalysts, including stablecoin growth on Ethereum, increasing staking adoption, and expanding interest in tokenized real-world assets (RWA).

Market participants are also monitoring regulatory developments that could influence broader institutional adoption trends over time.

In the near term, traders will closely watch whether buyers can push ETH back above the $2,200–$2,400 resistance zone.

Failure to reclaim that range could expose the token to another decline below $2,000, with some analysts identifying $1,350 as a possible downside target.

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