Aster Launches BTC and ETH Perpetual Futures in U Stablecoin
- Decentralized Governance Innovation: Aster's approval of BTC/U and ETH/U perpetual futures through its validator voting system marks a significant step in the exchange's governance evolution, enhancing stakeholders' direct influence over product offerings.
- Stablecoin Advantage: The U stablecoin, issued by United Stables, aims to maintain a 1:1 peg to the U.S. dollar, providing traders with a familiar base currency that simplifies profit and loss calculations, thereby enhancing the trading experience.
- Trading Reward Campaign: To celebrate the launch of the new contracts, Aster is running a trading reward campaign with a total prize pool of 50,000 U, encouraging users to trade on the BTC/U and ETH/U pairs, aimed at attracting early liquidity and boosting market activity.
- Enhanced Market Competitiveness: Aster's perpetual futures offer traders an alternative to centralized exchanges, potentially providing greater transparency and self-custody advantages, further driving innovation and development in the crypto market.
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Technical Analysis for ASTER
Technical Sentiment Analysis for Aster (ASTER). As of , Aster (ASTER) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 3 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ASTER stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ASTER is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Aster (ASTER) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.515 | 0.587 | 0.641 | 0.713 | 0.767 | 0.839 | 0.893 |
| Fibonacci | 0.587 | 0.635 | 0.664 | 0.713 | 0.761 | 0.79 | 0.839 |
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