These 3 Altcoins Plummeted After Listing on Robinhood

Jakarta, Pintu News – High hopes led to a sharp fall. Three popular altcoins – Aster , Virtuals Protocol (VIRTUALS), and Plasma – plummeted after officially debuting on the Robinhood platform this week.

Post-listing, the prices of all three fell by double digits, defying the expectations of investors who were expecting a post-listing price surge. Even so, a number of technical indicators point to the potential for a big rebound before October ends, giving new hope to the sluggish crypto market.

Aster (ASTER): From Listing Euphoria to Selling Pressure

Before Robinhood announced its official listing, Aster (ASTER) was trading at around $1.35 (approx. IDR 22,376). But a few hours after the news broke, ASTER’s price dropped to $1.05, signaling investors to sell the news. This pattern is common when traders sell assets immediately after good news is released, instead of waiting for further price increases.

Technically, ASTER’s 4-hour chart shows a falling wedge pattern, a structure that usually precedes a bullish reversal. The Relative Strength Index (RSI) also fell into oversold territory, indicating selling pressure may be nearing its limit.

If buying momentum returns, ASTER’s price has the potential to break the upper trendline and head towards $1.47 (IDR24,319), and could even go on to $1.81 (IDR29,968) if trading volume increases. But without new liquidity flow, ASTER could slip to $0.98 (IDR16,243) or even $0.68 (IDR11,271) in an extreme bearish scenario.

Also read: BTC price crashes, but Charles Schwab remains optimistic that the crypto market will rise!

Virtuals Protocol (VIRTUALS): Rebound Signals Begin to Appear

The Virtuals Protocol (VIRTUALS) token is also not spared from the pressure. After being officially announced to be on Robinhood’s list on October 16, 2025, the price of VIRTUALS immediately dropped by around 12% to $0.74 (IDR 12,264). This contrasts with its strong performance earlier in the year, when it was one of the most active altcoins in the metaverse and AI crypto sector.

Although the price is still below the resistance line, some technical indicators are starting to point to a potential reversal. The Money Flow Index (MFI) has broken above the zero signal line – a sign of increasing buying pressure. In addition, the Awesome Oscillator (AO) indicator showed its first green histogram after several consecutive red days.

If this positive trend holds, VIRTUALS could break the resistance to $1.15 (IDR19,061), with the next target at $1.70 (IDR28,178) according to the 0.618 Fibonacci level. However, if demand weakens, the price could drop back to $0.65 (IDR10,773).

Also read: New Bitcoin Documentary ‘Unbanked’ with Michael Saylor Coming Soon to Prime and Apple TV!

Plasma (XPL): Deep Correction, but Selling Pressure Begins to Ease

Robinhood’s third newly-listed asset, Plasma (XPL), also experienced the steepest decline, dropping 16% in the past day. XPL’s price has now fallen 76% from its record high. Ironically, the debut on Robinhood, which was supposed to open up access for American investors, was followed by a massive sell-off.

However, the 4-hour chart shows a descending triangle pattern, which is often the end of a correction phase before a reversal. The Chaikin Money Flow (CMF) indicator is starting to break the downtrend, signaling that selling pressure is starting to weaken.

If buying momentum picks up, XPL could potentially rise to $0.65 (IDR10,773). Conversely, if buyers fail to defend the current support level, XPL price could set a new record low – adding to the long list of altcoins that have been pressured post-listing.

Conclusion

The poor performance of ASTER, VIRTUALS and XPL post-listing shows how sensitive the cryptocurrency market is to sentiment and liquidity. But with a number of technical indicators starting to signal oversold conditions, the opportunity for a rebound towards the end of October remains wide open.

For risk-taking investors, this consolidation period could be a potential entry point – provided risk management discipline is maintained. Will these three altcoins rise up and turn things around? All eyes are now on the final weeks of October 2025.

That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• CCN. ASTER, VIRTUALS XPL Crash After Robinhood Debut: October Comeback Ahead. Accessed October 20, 2025.
• Featured Image: Generated by AI