The post ASTER Weekly Analysis Feb 23 appeared on BitcoinEthereumNews.com.

ASTER followed a sideways movement on a weekly basis, squeezing in the 0.67-0.71 range; while the main uptrend is preserved, BTC’s downtrend is creating pressure on altcoins. Staying above the critical support level of 0.6910 could strengthen the accumulation phase and trigger a move towards 0.77. ASTER in the Weekly Market Summary ASTER balanced at the 0.70 level with 0% change last week, while trading volume remained around 187.38 million dollars. In an environment pressured by BTC’s 4.19% decline across the market, ASTER showed relative resilience by maintaining its sideways range (0.67-0.71). RSI at 53.76 is in the neutral zone, MACD with a positive histogram signals bullish momentum but the trend filter highlights the 0.85 resistance. This configuration highlights accumulation phase potential for position traders; strategic opportunities exist as long as the big picture uptrend structure remains intact. For more detailed spot data, you can check the ASTER Spot Analysis page. Trend Structure and Market Phases Long-Term Trend Analysis The long-term trend structure continues upward; price positioned above EMA20 (0.68) gives a short-term bullish signal. On the weekly timeframe, the primary uptrend remains intact above the main support of 0.6910. From a market cycle perspective, despite the macro context of BTC’s downtrend, ASTER’s relative strength is a positive sign for altcoin rotation. However, if the deep support at 0.4030 breaks, trend reversal risk increases. This level should be monitored as a critical inflection point for long-term portfolio managers. Accumulation/Distribution Analysis The weekly range of 0.67-0.71 shows classic accumulation phase characteristics: low volatility, balanced volume, and neutral RSI. Distribution patterns have not yet emerged; on the contrary, the volume profile supports horizontal consolidation. If it holds above 0.6910, a structure similar to the Wyckoff accumulation scheme could form, targeting an upside objective of 1.0235. Conversely, a downside break without volume increase…

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Filed under: News - @ February 24, 2026 2:26 am