TAO, STRK, and ASTER may have bottomed at Black Friday lows | Credit: Hameem Sarwar
Share
Key Takeaways
TAO has broken out of a falling wedge, signaling potential rebound toward $409.
STRK’s price is close to breaking out, but recovery depends on reclaiming $0.17.
ASTER shows strong support; however, it needs to break through a key resistance.
Black Friday is typically associated with retail bargains. But this year, the crypto market offered its own version of discounts.
No, crypto projects didn’t suddenly slash their token prices for the holiday.
Instead, market conditions have created rare opportunities where select altcoins dipped to levels that, in hindsight, look like hidden Black Friday deals before they surge.
This analysis highlights three standout altcoins that have offered exceptional entries just before their market values explode.
Each of these cryptos delivered strong technical or fundamental signals suggesting that buyers who acted during the dip may have captured significant advantages.
Below, we break down the three best crypto Black Friday deals of the season.
Bittensor (TAO)
TAO, the native token of the Bittensor network, stands out as one of this year’s notable crypto Black Friday deals.
At press time, TAO trades near $300.91, reflecting a substantial 47% decline over the past 30 days.
This extended pullback resulted in a clear series of lower highs and lower lows. Eventually, it formed a falling wedge.
Get These Top Crypto Casino Offers Now!
Sponsored
Disclosure
We sometimes use affiliate links in our content, when clicking on those we might receive a commission at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy.
The Money Flow Index (MFI) has broken above its downtrend and is now trending higher, signaling that buyers are stepping back in and accumulating TAO at discounted levels.
If bulls fail to propel the price above the resistance level, the pattern risks invalidation. In that scenario, TAO could retreat toward $280.43.
And in a more severe downturn, the token may slide further, potentially testing support around $200.47.
Starknet (STRK)
Another altcoin that appears to be offering a meaningful discount is STRK.
On Nov. 20, Starknet’s price climbed to a multi-month high of $0.27, driven in part by rising interest in the privacy coin narrative, where STRK has an early foothold.
But over the past seven days, the token has retraced, dropping 37.87%. Despite the steep decline, the pullback looks more like a healthy correction.
From a technical standpoint, the 4-hour chart shows STRK consolidating inside a descending triangle.
Interestingly, the price is now pressing against the upper trendline, suggesting that the altcoin is preparing for a potential breakout.
Supporting this outlook, the Chaikin Money Flow (CMF) has rebounded from oversold territory, indicating that capital is flowing back into the market.
However, the red Supertrend line is still positioned above STRK, indicating that the broader trend has not yet entirely shifted bullish.
Clearing this barrier would likely unlock momentum for a move toward $0.22.
On the other hand, failure to reclaim $0.17 would invalidate the bullish setup. In that case, STRK could retreat further, potentially sliding toward the $0.10 support zone if bearish sentiment reasserts itself.
Aster (ASTER)
Rounding out the list of crypto Black Friday deals is ASTER.
As of this writing, the altcoin trades around $1.08, down roughly 12% over the past week.
While its recent performance hasn’t fully lived up to the surrounding hype, the technical setup on the 4-hour chart suggests there’s little reason for concern.
A closer look reveals that the price is gradually inching toward the falling trendline, hinting at an impending attempt to break above it.
Although ASTER doesn’t yet have the momentum needed to complete a breakout, the steady support around $1.06 provides a foundation for a potential upward move.
If buyers maintain control, the token could climb toward $1.16.
A move above that area may open the path to $1.23. In a highly bullish scenario, particularly if volume surges, the altcoin could extend its rally to $1.33 before the end of December.
Still, the bullish outlook depends on sustained buying pressure.
If demand weakens and bulls fail to push the price through overhead resistance, this scenario may not become a reality. In that case, ASTER could dip below the $1.00 mark, revisiting lower support levels.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
