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Cryptos: 19.97M
Exchanges: 842
Market Cap: 
$3.97T
2.89%
24h Vol: 
$247.84B
59.48%
Dominance: BTC: 57.5% ETH: 14.3%
 ETH Gas: 
0.33 Gwei
 Fear & Greed: 
56/100

Latest ASD (ASD) Price Analysis

By CMC AI
22 August 2025 01:57PM (UTC+0)
See ASD Price Chart

Why is ASD’s price down today? (22/08/2025)

TLDR ASD fell 3.91% over the last 24h, underperforming the broader crypto market (-0.81%) and extending its 7-day decline to 5.98%. Here are the main factors:

  1. Bearish Technical Signals – MACD and RSI hint at weakening momentum.
  2. Market-Wide Risk Aversion – Altcoins face pressure as BTC dominance rises.
  3. Low Liquidity Amplifies Moves – Thin trading volume exacerbates volatility.

Deep Dive

1. Bearish Technical Signals (Bearish Impact)

Overview: ASD’s price ($0.0229) dipped below its 30-day SMA ($0.0226), while the MACD histogram (-0.000153) confirms bearish momentum. The RSI-14 (52.77) nears neutral territory but shows fading buying pressure.

What this means: Breaking below the 30-day SMA often signals short-term bearish sentiment, especially when paired with a negative MACD. The RSI’s failure to hold above 55 suggests traders lack conviction to push prices higher.

What to look out for: A close below the 50% Fibonacci retracement level ($0.02326) could trigger further downside toward $0.02169 (61.8% level).

2. Market-Wide Risk Aversion (Bearish Impact)

Overview: Bitcoin dominance rose to 58.61% (+0.04% in 24h), reflecting capital rotation away from altcoins. The Altcoin Season Index (43/100) remains neutral, favoring BTC and large caps.

What this means: ASD’s underperformance aligns with a risk-off shift as traders prioritize liquidity. With global crypto volumes down 16% in 24h, smaller alts like ASD face outsized selling pressure.

3. Low Liquidity Amplifies Moves (Mixed Impact)

Overview: ASD’s 24h volume fell 12% to $1.18M, with a turnover ratio of 7.8%—below the threshold for stable price discovery.

What this means: Thin order books magnify price swings, allowing modest sell orders to drive disproportionate declines. This raises volatility risks but could enable rapid rebounds if buying pressure returns.

Conclusion

ASD’s drop reflects technical breakdowns, sector-wide caution, and liquidity constraints. Traders should monitor whether BTC dominance stabilizes and if ASD holds key Fibonacci levels. Key watch: Can ASD reclaim its 30-day SMA ($0.0226) to neutralize bearish momentum?

Why is ASD’s price up today? (20/08/2025)

TLDR ASD rose 7.05% in the past 24h, outpacing the broader crypto market’s 1.98% gain. This rebound follows a 15.49% drop over the prior week, suggesting short-term volatility. Here are the main factors:

  1. Oversold bounce – RSI7 hit 31.17, signaling buying interest after extreme selling.
  2. Market outperformance – ASD’s surge contrasts with neutral altcoin sentiment (Altcoin Season Index: 43).
  3. Volume confirmation – 24h trading volume spiked 19.8%, supporting price recovery.

Deep Dive

1. Technical Rebound (Bullish Impact)

Overview: ASD’s 7-day RSI dipped to 31.17 on 19 August, nearing oversold territory (below 30). This often triggers short-term buying, especially when paired with a bounce above the 30-day SMA ($0.0224).

What this means: Traders likely viewed the oversold RSI as a dip-buying signal, fueling the 24h rebound. However, the MACD histogram (-0.00026644) remains negative, signaling lingering bearish momentum.

What to watch: A sustained close above the 30-day SMA ($0.0224) could extend gains, while failure may retest the swing low of $0.0171.

2. Relative Strength vs. Market (Mixed Impact)

Overview: ASD’s 7.05% gain dwarfed the total crypto market’s 1.98% rise, despite neutral altcoin sentiment (Altcoin Season Index at 43, down 6.52% in 24h).

What this means: This decoupling suggests ASD-specific drivers, though no news or on-chain catalysts were identified. The move may reflect localized accumulation or liquidity shifts rather than sector-wide optimism.

3. Volume Surge (Bullish Impact)

Overview: ASD’s 24h trading volume jumped 19.8% to $1.34M, with a turnover ratio of 9.6%—indicating healthy liquidity for its market cap ($13.9M).

What this means: Higher volume adds credibility to the price rebound, reducing risks of a “dead cat bounce.” However, derivatives data (open interest, funding rates) is unavailable, leaving leverage-driven pumps unconfirmed.

Conclusion

ASD’s rebound stems from technical buying after oversold conditions, amplified by above-average volume and isolated strength in a muted altcoin environment. Key watch: Can ASD hold above its 30-day SMA ($0.0224), or will bearish MACD momentum trigger profit-taking?

CMC AI can make mistakes. Not financial advice.
ASD
ASDASD
|
$0.02401

4.95% (1d)

See ASD Price Chart