- $ASTER confirmed bullish momentum supported by strong accumulation between $0.90–$1.00.
- Short-term indicators show continued buying interest momentum with RSI near 60–65 and MACD above the signal line.
- Strategic buyback program and rising trading volume strengthen medium-term recovery above $1.15–$1.20.
$ASTER slightly dips to $1.11, down 0.78% in 24 hours, yet charts show bullish momentum. Strong buybacks, rising volume, and key resistance tests hint that the token could bounce back.
Technical Charts Point Toward Recovery
The token broke above its descending trendline near $1.10–$1.12. Support range is between $0.90 and $1.00 accumulation zone. This has been a base where buying activity has repeatedly strengthened after every dip.
Short-term indicators add to this positive outlook the token now trades above the 5, 10, and 20-hour moving averages, a clear sign of upward momentum. The RSI is at 60–65 range, and the MACD is above the signal line. Analysts have also noted the potential for a brief consolidation before a continuation toward the $1.15–$1.20 resistance zone.
Long-Term Outlook and Market Sentiment
Crypto analyst @NamNguyenV3228 compared the token’s long-term potential to $BNB, suggesting that if adoption and fundamentals expand as expected, a valuation of $50–$100 within several years may not be unrealistic. He emphasized that the current accumulation near $1 could represent a long-term opportunity once the market matures.
Trading activity exceeded 52 million units during the breakout, reflecting growing market participation. The general outlook appears optimistic as buyback mechanisms and on-chain data signal renewed investor engagement.
Overall,technical progress, and active market interest are converging. Sustained price stability above the breakout region could confirm a recovery phase, with the project’s buyback initiative acting as a stabilizing force for future growth.
ASTER Launches Strategic Buyback Plan
The Aster DEX team revealed that 70–80% of Season 3 fees will go toward $ASTER token buybacks. Future airdrops and buybacks will be shared in later seasons as performance data becomes available.
These buybacks are designed to boost confidence, reduce circulating supply, and align the team’s goals with the community, while maintaining flexibility and adding value for long-term holders.
For $ASTER liquidity providers that helped stabilize its ecosystem by maintaining transparency and operational discipline.
