Aster Price Poised to Hit $2 as Coinbase Adds ASTER to Listing Roadmap

Aster price surged over the past 24 hours, maintaining stability above the $1 mark. The token has shown mild bullish momentum, gaining over 5% during the week. Analysts note rising investor confidence as Coinbase added ASTER to its listing roadmap, fueling optimism for future growth.

Meanwhile, the broader crypto market recorded a 1.57% recovery, with Bitcoin, Ethereum, XRP, and Dogecoin rebounding following the recent approval of the Bitwise Spot ETF.

Coinbase Adds Aster to Listing Roadmap

Coinbase has taken an official step by including the Aster token in its asset listing roadmap, which is a clear indication of the focus on decentralized trading platforms. Aster, a decentralized exchange on the BNB Chain, is known for its liquidity in trading and is now on the list, along with Monad and QCAD for the potential listing.

The announcement, which was made on Friday night, has created a buzz in the crypto market as big players are still venturing into the area of decentralized finance. Even though the inclusion indicates possible future listing, Coinbase made it clear that being added to their roadmap is not the same as getting full approval.

This situation brings out the increasing interest of institutions to experiment with DeFi and derivatives-based trading platforms. Coinbase’s move is a big step in the direction of a greater scenario where centralized exchanges open themselves more to decentralized projects. The listing of Aster is not yet a sure thing, but its being on the roadmap could mean getting noticed and having the momentum built up within the crypto community.

Aster Price Surges Amid Breakout Momentum

The latest Aster price hovered near $1.06, marking a mild gain of 1.05% over the last 24 hours.   

The Aster price held its ground at the $1.00 mark, while at the same time, resistance was prominently visible at the $1.20 area. A successful breakout at this point could lead to an advanced rally with $1.50 and $1.70 being the next targets. Additionally, if bullish mounts more pressure, the ASTER Price could rally to $2.00. On the contrary, a breakdown below that level could take the token back to support at $0.95 in the short term. 

The MACD lines remained positive but still small, thus indicating that the bullish bias is gradually gaining ground. The RSI, however, was sitting at 50, which implied a neutral sentiment with the possibility of a larger price move to the overbought zone.

Aster’s entrance in the Coinbase roadmap has been the main factor behind the market’s optimistic outlook on the project. The faith of the investors is becoming more and more solid as the token is gaining more recognition. Aster is revealing a strong bullish trend, which is interpreted as a formidable upward force.