Can ASTER Price Rebound 50% as Whale Activity and Bullish Pattern Align?

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A whale wallet buys millions in ASTER tokens as the price forms a bullish reversal pattern.

Highlights

  • ASTER price breaks out of a falling channel, confirming an inverse head-and-shoulders reversal pattern.
  • Technical setup indicates a potential 50% rally toward $1.6 if current bullish momentum sustains.
  • Whale wallet spends $3.2M on ASTER tokens after a $5.3M USDT withdrawal, signaling renewed investor interest.

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 price action
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 2.94 million ASTER tokens at roughly $1.09 each. According to Onchain Lens, the wallet still holds about $2 million USDT, suggesting further buying activity may follow. 

This sizable purchase underscores renewed optimism among large investors anticipating a rebound in ASTER price. 

Meanwhile, Aster’s team has confirmed a strategic buyback plan that allocates 70–80% of Season 3 trading fees toward token repurchases.  The results will be shared once S3 concludes, followed by continued cycles in future seasons. 

This initiative not only aims to reduce selling pressure but also incentivizes users through rewards and airdrops linked to trading activity. 

Together, the whale’s multi-million-dollar purchase and the buyback plan form a powerful dual mechanism that could help reinforce stability, strengthen investor trust, and potentially accelerate ASTER price recovery.

To sum up, the combination of a strong technical base and real-time whale confidence paints a constructive outlook for ASTER price. The inverse head-and-shoulders structure strengthens the case for a 50% move toward $1.6. Simultaneously, the coordinated buyback effort provides tangible demand support from both on-chain and ecosystem levels. Therefore, as the market consolidates above $1.06, the overall setup favors sustained upward pressure over short-term weakness.

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Frequently Asked Questions (FAQs)

1. What does the breakout above the falling channel suggest for Aster’s trend direction?

It indicates that sellers have weakened, and buyers are regaining control, confirming early signs of structural reversal in market behavior.

2. How significant is the $1.06 support level for Aster?

The $1.06 zone underpins the right shoulder of the inverse head-and-shoulders pattern, marking a key defense area for bullish continuation.

3. What is the purpose of Aster’s buyback initiative?

The buyback program redirects 70–80% of trading fees to repurchase tokens and reward users, strengthening liquidity and ecosystem stability.
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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.