• ASTER trades at $1.45 after a 64% surge, but failing $1.39 support risks a drop to $1.17, delaying a push toward $1.99 ATH.
• JUP faces a $26.71 million token unlock; holding $0.507 support is key, while losing it could send price down to $0.475.
• FET trades at $0.604; the AFET ETP launch could drive recovery toward $0.663, but losing momentum risks decline to $0.573.

The past few days have been murky for the crypto market as Bitcoin has been declining and altcoins have been unable to find a path. Thus, the coming week will likely see altcoins dependent on external developments to find catalysts.

BeInCrypto has analyzed three such altcoins that are important to watch in the coming week.

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Aster (ASTER)

ASTER price surged by 64% within 48 hours, making it one of the week’s top-performing altcoins. Currently trading at $1.45, ASTER’s momentum highlights rising investor interest. 

For ASTER to reclaim its all-time high of $1.99, the altcoin must first breach resistance levels at $1.59 and $1.87. If ASTER secures these levels as support, bullish sentiment may drive the token toward new highs in the near term.

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However, ASTER faces downside risks if investors begin booking profits. A pullback below $1.39 support would expose the token to further losses, potentially dragging it down to $1.17. Such a decline would weaken confidence and invalidate the bullish thesis, delaying any recovery attempts.

Jupiter (JUP)

JUP’s price declined by 5.2% in the last 24 hours and is now trading at $0.498. The altcoin slipped below the $0.507 support but remains above its two-month uptrend line. Holding this line is crucial for maintaining bullish sentiment and preventing further downside pressure.

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A 53.47 million JUP token unlock worth $26.71 million is scheduled this week. Historically, token unlocks increase selling pressure as supply outweighs demand. If the same occurs with JUP, the altcoin could lose strength and slip toward the $0.475 support.

However, strong demand ahead of unlocking could offset the negative effects. If buying momentum builds, JUP price could stabilize above $0.507, preserving its bullish structure. This would invalidate the bearish thesis and provide JUP with breathing room to consolidate.

Artificial Superintelligence Alliance (FET)

FET price dropped 8.4% this week, currently trading at $0.604. The altcoin remains in focus after 21Shares launched its Artificial Superintelligence Alliance AFET ETP, a move that could influence investor sentiment and potentially provide FET with momentum to stabilize after its recent decline.

The launch may serve as a catalyst for recovery, helping FET reclaim lost ground. If the token flips $0.612 into support, it could advance toward $0.637. Sustained bullish momentum would then allow the altcoin to push higher, with a possible move toward $0.663 on the daily chart.

However, failure to attract buying pressure from this launch could worsen losses. If momentum stalls, the FET price risks sliding further, potentially dipping to $0.590. A deeper decline could send the altcoin to $0.573, invalidating the bullish thesis.

Disclaimer