Will Astar Price Surpass November High?
The post Will Astar Price Surpass November High? appeared on BitcoinEthereumNews.com.
ASTR price prediction suggests that Astar crypto will continue to recover and may hit a new swing high in 2024. Astar price is taking support near the 50-day EMA and buyers are trying to rebound. The chart pattern looks mildly bullish and buyers seem more active as compared to sellers. At the beginning of November, the ASTR price broke out of the $0.6000 barrier with a high buying volume. It triggered the rally and the price began to rise by forming higher high candles. It rallied 45% approx. in just seven trading sessions and hit a swing high of $0.0874. Later, ASTR crypto witnessed minor profit booking, and the price retraced back to the EMA. Luckily, buyers are active near the 50-day EMA which is now acting as a strong support for the bulls. At present, Astar price is sustaining above the 50-day and 200-day EMA indicating an uptrend. So, it will be difficult for the sellers to drag the price down. Currently, ASTR price is trading at $0.0655 with a one-day decrease of 2.96%. The 24-hour volume to market cap is 3.22%. Will ASTR Price Perform in December or Consolidate? ASTR price prediction stays bullish for December till it sustains above the $0.0500 level. The recent recovery is supported by high buying volume so it seems genuine investors have taken a long position. Therefore, buyers will be present near the $0.0500 level and try their best to defend the demand zone. The question is whether the Astar crypto price will surpass the November high in December or not. By analyzing the price behavior, it seems ASTR price will consolidate in December and the next move will come in 2024. This crypto is good for long-term investment but investors have to be patient to generate returns. Astar Price Respected the…
Filed under: News - @ November 27, 2023 1:28 pm