Crypto Market Sell-Off: Why Are These Altcoins Still Rising?

The cryptocurrency market continues to experience a sell-off, with Bitcoin (BTC) seeing another 2% decline today following yesterday's drop. Despite this overall downturn, several altcoins, including ASTER, XMR, and GIGGLE, are demonstrating significant upward momentum.

Key Takeaways

The crypto market is facing a sell-off, yet some altcoins are witnessing gains.
Aster (ASTER) has increased by 13%, recovering from a prior oversold condition.
Monero (XMR) experienced a 5% rise as it approaches a critical resistance level.
Giggle Fund (GIGGLE) has surged by 128% after Binance announced plans to donate trading fees to educational initiatives.

crypto market sell-off

Aster's Resilience

Aster (ASTER) has seen a 13% price increase in the last 24 hours, bouncing back from an oversold range of $0.82 to $0.92. Currently, the token is testing the 9-day exponential moving average (EMA), which it had lost due to profit-taking after a recent rally to $1.30, partly spurred by the announcement from Binance CEO CZ that he purchased $2 million worth of ASTER for his long-term portfolio.

Full disclosure. I just bought some Aster today, using my own money, on @Binance.

I am not a trader. I buy and hold. pic.twitter.com/wvmBwaXbKD
— CZ 🔶 BNB (@cz_binance) November 2, 2025

Aster’s ability to reclaim the $1.20 to $1.25 resistance level—now viewed as a crucial barrier following the October 10 flash crash—will be pivotal. A breakout above this level could ignite renewed bullish sentiment and attract short-term traders aiming for a retest of the $1.50 to $1.60 area from mid-October.

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ASTER 4H chart | TradingView

Monero's Breakout Potential

Monero (XMR) has experienced a 5% price increase over the past 24 hours and is now testing horizontal resistance between $345 and $350, the upper limit of its descending triangle formation. XMR has been trading around this resistance level for approximately a week, with today’s candle peaking at $380.

Should the price of XMR close above this resistance with continued buying pressure, the breakout target—based on the lower boundary of the triangle at $265—could project a potential increase near $430 if bullish momentum persists.

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XMR 1D chart | TradingView

Giggle Fund's Significant Surge

Giggle Fund (GIGGLE) prices have surged by an astonishing 128% within the last 24 hours. This rise is fueled by Binance's announcement on November 3 that they will donate 50% of GIGGLE trading fees to educational initiatives at Giggle Academy starting this December.

Currently, a short-term price reversal is in play on the 1-hour timeframe, with chart patterns indicating a higher low and higher high, supported by an upward trendline that formed after bouncing from the oversold zone of $47 to $50. The price of GIGGLE is now consolidating just below the local resistance level at $140. A breakout above this mark would confirm a stronger bullish continuation.

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GIGGLE 1H chart | TradingView