Aster, Cosmos, and Bitget log double-digit losses amid crypto sell-off wave
Altcoins such as Aster (ASTER), Cosmos (ATOM), and Bitget (BGB) have recorded heavy losses in the last 24 hours, as a sell-off wave ripples through the broader cryptocurrency market. Technically, the renewed selling pressure and breakdown of key support levels pose a risk of further losses for ASTER, ATOM, and BGB tokens.
Aster drops below $1 as sellers regain strength
Aster trades below $0.9300 at press time on Tuesday after a 25% loss on Monday during the broader market correction. The pullback erases the gains on Sunday made on Changpeng Zhao’s buy-and-hold move.
ASTER targets the S2 Pivot Point at $0.6915 4-hour chart after losing the S1 Pivot Point at $0.9588.
The momentum indicators on the same chart suggest that sellers are…
