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

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.

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.

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.

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.