Price Analysis
  • Shrishesh Tanksalkar
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    Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

    • 2 minutes read

    Aster Price Analysis: Is $1 Support Now History or Opportunity?

    Story Highlights
    • Aster price dives below $1 raising fresh bear alarms for traders

    • Whale-driven selling spikes over $100M inviting high-risk high-reward speculation

    • Despite DEX dominance technical signals still flash red across the crypto market

    Aster’s price story is both dramatic and cautionary. In the past month alone, Aster has plummeted from its all-time high of $2.42 down to the current $1.02, losing more than half its value just as speculators pile in. The token, once known for dominating the perpetual DEX space with over $10.6B in monthly volume, suddenly faces mounting sell pressure amid skepticism. 

    What’s behind this rapid change? Multiple headwinds are at play: Solana’s launch of the Percolator DEX has triggered fears about Aster’s market share. This is while a breached $1.00 zone and a looming MACD “death cross” further erode trader confidence. On top of that, DeFiLlama’s decision to delist Aster’s metrics because of mirrored Binance volumes has many questioning integrity. So what lies ahead? Join me as I decode the price targets today.

    Aster Price Analysis

    Aster currently trades at $1.02, down 1.91% in the last day and a steep 22.68% drop over 7 days. The market remains volatile, with a 24-hour trading volume of $803.1 million surging by nearly 23%. The market cap stands at $2.05 billion but has also dipped 2.46%. The daily low reached $0.937 and the high peaked at $1.05, giving traders both heartbreak and hope in a narrow window.

    Aster price analysis 23-10-25

    From a technical angle, the RSI is at 43.9, neutral but trending downward, inching closer toward the oversold range. However, the MACD reading of -0.16 and its negative crossover plant a clear bearish flag, making rebounds less likely. The critical Fibonacci retracement level reveals immediate support for Aster price at $0.94, right near the latest swing low. If this level gives way, the next stop could be a full-blown bear market.

    “Aster’s story is all over the place. It leads the perp DEX market with $10.6B volume & is launching an AI trading arena, but it’s simultaneously being crushed by over $100M in whale selling and bearish technical signals. High volume, high risk.”

    Tom Tucker

    Ultimately, a decisive break below $0.94 could trigger further panic, and a drop to $0.64. While a viral reversal might require not just strong buyers but a major sentiment change.

    FAQs

    What triggered the latest Aster price drop?

    A combination of whale-driven selling, rival DEX launches, and bearish technicals led to the sharp decline in Aster’s price.

    Is Aster now oversold or does more downside remain?

    With RSI at 43.9 and MACD staying negative, Aster is not yet fully oversold so there may be more room to fall unless buying pressure returns.

    What is the most important support level for Aster right now?

    $0.94 is the next major support based on Fibonacci retracement. If lost, further losses are likely.

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