- Crypto Patel expects Aster could match Binance Coin’s long-term growth, targeting $50–$100 if adoption improves.
- ASTER’s support near $1.00 signals strong accumulation, with breakout momentum pointing to a potential upward trend.
- Aster’s team plans 70–80% S3 fee buybacks, stressing flexibility amid uncertain market conditions and future updates.
Aster (ASTER) has begun showing early signs of recovery after months of downward pressure, drawing renewed interest from long-term investors. According to crypto analyst Crypto Patel, the token could follow a similar growth move as Binance Coin (BNB) over the next four to five years.
Patel said he is “gradually accumulating for the long term,” noting that accumulation near $1 or below may not reappear once the market stabilizes. He added that if fundamentals and adoption strengthen as expected, a $50 to $100 valuation “isn’t impossible.”
Accumulation Strengthens Near $1 Zone
After a prolonged decline that started in early October, ASTER found firm footing between $0.90 and $1.00. This range, a strong demand zone, has repeatedly attracted buyers and prevented deeper declines. The accumulation pattern in this area highlights renewed confidence as market participants position for potential upside.
A breakout above the descending trendline has further reinforced improving sentiment. The move indicates that selling momentum has weakened and that bulls are regaining control. As market behavior shifts, the focus has turned to whether ASTER can maintain stability above its key support zone. Sustained consolidation could provide the foundation for the next rally phase.
Resistance Levels
Notably, the next resistance levels for ASTER are at $1.4972 and $2.1186. The first level is a short-term target where selling pressure could briefly reappear. A clean break above that mark would open the path toward the next resistance near $2.10, confirming a broader trend reversal if achieved.
However, if prices fail to hold above the $1.00 support, downside risks remain. A drop below $0.90 could push ASTER toward lower supports near $0.70. For now, the market structure suggests an early recovery phase, supported by increasing accumulation and improving sentiment.
Project Announces Buyback and Allocation Plan
Alongside technical improvements, Aster’s development team announced a buyback plan targeting 70–80% of S3 fees for token repurchases. The team emphasized that the exact allocation will depend on final results and market conditions. Details of subsequent buybacks and airdrops will be shared once confirmed.
The announcement also noted the importance of maintaining operational flexibility amid ongoing market uncertainty. This strategic approach aligns with the project’s broader focus on stability as it navigates growing market conditions and prepares for future developments.
