Crypto market sell-off: Why are these altcoins still climbing?

Summary

• ASTER has rebounded from oversold levels after a pullback from its recent pump to $1.30, driven by CZ’s $2M purchase.
• XMR is testing $345–$350 horizontal resistance, marketing the upper boundary of a descending triangle.
• GIGGLE’s 128% surge is fueled by Binance’s recent announcement to donate 50% of GIGGLE trading fees to Giggle Academy.

The crypto market sell-off deepened today, with BTC extending its decline by another 2% after yesterday’s losses. However, ASTER, XMR, and GIGGLE are bucking the trend, showing strong bullish momentum.

ASTER

Aster (ASTER) price is up 13% in the past 24 hours as the token rebounds from the oversold $0.82–$0.92 zone. The price has now come back to test the 9-day EMA, which it lost due to profit-taking following the recent pump to $1.30, driven by CZ’s disclosure that he bought $2M ASTER for his buy-and-hold portfolio.

https://twitter.com/cz_binance/status/1984992347395141987

The reclaim of the $1.20–$1.25 barrier, which had been flipped into resistance after the October 10 flash crash and failed recovery, remains a key level to watch, as a break above it could signal renewed bullish momentum and attract short-term traders aiming for a retest of the $1.50–$1.60 zone from mid-October.

ASTER 4H chart | TradingView You might also like: ZKsync price rallies 170% in 2 days as ZK token moves toward utility

XMR

Monero (XMR) price has surged 5% in the past 24 hours as it tests the horizontal resistance at $345–$350, the upper boundary of a descending triangle formation. The token has been hovering above this level for about a week, with today’s daily candle reaching as high as $380.

If XMR price closes above this resistance with follow-through, the measured move from the formation—based on the lower boundary at $265—projects a potential upside target near $430, provided bullish momentum is sustained.

XMR 1D chart | TradingView You might also like: Polymarket hits ATHs in volume and traders driven by POLY token announcement and U.S. re-entry plans

GIGGLE

Giggle Fund (GIGGLE) price 128% in the past 24 hours, fueled by Binance’s November 3 that it will donate 50% of GIGGLE trading fees to Giggle Academy’s educational initiatives starting this December.

A short-term reversal is underway on the 1H timeframe, with the chart showing a clear higher low and higher high, supported by an ascending trendline since the bounce from the $47–50 oversold zone. GIGGLE price is now consolidating just below the $140 local resistance. A break above this level would confirm a stronger bullish continuation.

GIGGLE 1H chart | TradingView You might also like: Aster price gains 30% amid CZ’s $2M purchase but whale shorts signal caution

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