Can ASTER Price Rebound 50% Amid increased Whale Activity?
The post Can ASTER Price Rebound 50% Amid increased Whale Activity? appeared on BitcoinEthereumNews.com.
The ASTER price has shown early signs of stabilization after recent volatility, as fresh whale activity sparks renewed market interest. The token, which previously endured a prolonged downtrend, is now showing technical cues of a possible reversal. Recent accumulation signals suggest growing confidence among larger investors, even as broader market conditions remain cautious. Meanwhile, ASTER’s upcoming buyback plan has added another layer of optimism, reinforcing the possibility of a trend shift. ASTER Price Forms Bullish Setup as Structure Signals a 50% Upside Target The ASTER price recently broke out of a steep falling channel that had capped its recovery attempts for weeks. This breakout coincides with the formation of an inverse head-and-shoulders pattern, a structure known for indicating bullish reversals. Specifically, the neckline near $1.23 represents a decisive breakout zone that could open the path to a 50% rally toward $1.6. The Parabolic SAR dots have flipped below the price, suggesting renewed buyer control, while the RSI hovers just below the midline, showing room for upward continuation. Meanwhile, both buyers and sellers are actively defending the $1.06 support zone, which aligns with the right shoulder’s base, confirming short-term accumulation. If ASTER maintains this support and breaks past $1.23, the projection points to a recovery continuation, possibly targeting $1.6 in the coming sessions. Beyond the $1.6 level, Fibonacci extensions show the next checkpoints at $2.08 and $2.23, aligning with potential resistance zones that could lead toward the $3 psychological mark if momentum extends. Overall, the chart indicates bullish exhaustion of sellers and rising conviction among buyers, reinforcing a structural shift in ASTER price behavior. ASTER/USDT 4-Hour Chart (Source: TradingView) Whale Buys and Buyback Strategy Fuel Confidence in ASTER’s Outlook A newly created wallet has drawn widespread attention after withdrawing $5.3 million USDT from Aster DEX and spending $3.2 million to acquire…
Filed under: News - @ October 29, 2025 11:28 am