ATH, ASTER, and FLR saw a big pump of over 10% in a single day. Why did these three major alts suddenly To da moon?

Amidst the overall fluctuation of the crypto market, three promising cryptos Aethir (ATH), Aster (ASTER), and Flare (FLR) have broken through the encirclement, each recording double-digit pumps in the past 24 hours, drawing widespread attention from investors. The technological innovations and strategic collaborations behind these projects have become key factors driving the price increases.

####Three major cryptocurrencies break through market resistance, technical indicators show upward momentum

In the past day, Aethir led the way with a 15% pump, followed closely by Aster with an 11% increase, while Flare also recorded significant growth. The strong performance of these three cryptocurrencies not only outperformed the market but also showcased their unique development potential.

####Aethir: AI Computing Demand Drives Continuous Pump

(Source: Trading View)

The price of Aethir is currently stable above $0.06000, continuing the 13% pump from Wednesday. As a token focused on computing resources, ATH has successfully broken through a key trend line, rebounding strongly from the 61.8% Fibonacci retracement level of $0.05565.

Technical analysis indicates that the next target for ATH is the 78.6% Fibonacci retracement level at $0.06983. The Relative Strength Index (RSI) has reached 67 and is trending upwards, suggesting that buying pressure continues to strengthen. Although it is approaching the overbought territory, there is still room for upward movement.

Market analysts point out: "The pump of Aethir is closely related to the growing demand for artificial intelligence computing. As AI application scenarios expand, the demand for decentralized computing resources will continue to increase, providing a solid fundamental support for ATH."

It is noteworthy that the Moving Average Convergence Divergence (MACD) is currently in a stable state after breaking below the signal line, indicating that there may be some hesitation in the short term. Investors should closely monitor whether the MACD can return above the signal line, as this will be an important signal for a continued upward trend.

####Aster: Trust Wallet Integration Sparks Market Enthusiasm

(Source: Trading View)

Aster's current trading price has surpassed 2.30 USD, and its upcoming integration with Trust Wallet is set to be the main catalyst for the price pump. This collaboration will not only provide ASTER users with a more convenient experience but also includes a 10% exclusive reward for CEX wallet users and a giveaway event of 50,000 TWT tokens.

Trust Wallet's official Twitter recently announced: "We are pleased to announce a strategic partnership with Aster that will bring more convenience and rewards to users." This news quickly sparked heated discussions in the community, pushing the ASTER price to break through a key resistance level.

Technically, ASTER has successfully broken through the R1 pivot level of $2.07 on the 4-hour chart and is currently moving towards the R2 resistance level of $2.76. Market observers believe that if it can maintain the current momentum, ASTER is expected to test the $3 mark in the short term.

####Flare: FAssets and FXRP Drive Ecosystem Expansion

(Source: Trading View)

Flare continues its upward momentum after the launch of FAssets (including FXRP), having increased by over 10% in the last 24 hours as of the time of writing. As a platform focused on enhancing XRP liquidity and usability, Flare unlocks decentralized finance (DeFi) features for cross-border remittance tokens through its innovative technology.

The current rebound target for FLR is the 78.6% Fibonacci retracement level at $0.02924. Technical indicators show strong upward momentum, with the MACD and its signal line trending upwards, and the green histogram continuing to rise. At the same time, the RSI has reached 69, approaching the overbought area, indicating a significant increase in buying pressure.

Blockchain expert comments: "The innovation of Flare's FAssets provides XRP holders with a new way to participate in the DeFi ecosystem, which is significant in the current market environment. As more users recognize this value, the demand for FLR may further increase."

####Investment Prospects and Risk Warning

Although these three cryptocurrencies are currently performing well, investors still need to cautiously assess the potential risks. If Aethir fails to maintain above $0.05565, it may fall back to the 50-day exponential moving average of $0.04586. Similarly, if Aster drops below $2.07, it may test the central pivot level of $1.30; whereas if Flare reverses from $0.02924, it may retest the 50-day EMA of $0.2295.

Market analysts suggest: "Although these tokens show strong momentum in the short term, investors should set reasonable stop-loss levels and adjust their portfolios according to their risk tolerance. The high fluctuation of the crypto market means that price trends can change rapidly."

As the crypto market continues to evolve, the performance of Aethir, Aster, and Flare will be influenced by various factors, including overall market sentiment, project development progress, and changes in the regulatory environment. Investors should continuously follow the latest developments of these projects to make informed investment decisions.