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Aster's price reflects positively after a whale bought 51 million tokens.

Aster ( has continued to trade within a narrow range for nearly a month, showing low volatility as it struggles to break through the important resistance zone.

Currently, ASTER is still being held back under the zone “The Void” – a resistance zone that has never been tested before, playing a key role in the process of sustainable recovery. However, strong accumulation activity from whales is revealing increasingly clear optimistic signs from the group of large investors.

Aster whales may drive the recovery momentum

In the past few weeks, whales have significantly increased trading activity, showing strong confidence in the long-term prospects of Aster. According to on-chain data, addresses holding between 1 million and 10 million ASTER have accumulated over 51 million tokens since the beginning of November, equivalent to a value of approximately 53 million USD.

This large-scale accumulation move indicates that whales are actively preparing for a potential bullish scenario. According to market history, such accumulation phases are often precursors to strong growth periods, when large investors typically choose to buy in at the zone bottom.

![Aster price reflects positively after whales buy 51 million tokens])https://img-cdn.gateio.im/webp-social/moments-1585c0a14bfa4b3919bd30f4fbe85373.webp(Aster whales | Source: SantimentThe Squeeze Momentum indicator is currently signaling a tightening phase, indicated by the black dots – a sign that often appears before strong price fluctuations. This setup typically signals an impending volatility explosion, suggesting that Aster may soon show a more pronounced trend. The green bars on the current indicator indicate bullish momentum accumulating during this phase.

If the upward trend continues to be reinforced, ASTER could completely break through the current narrow price zone, with strong buying pressure pushing the price to new high levels.

![Aster price reflects positively after whales bought 51 million tokens])https://img-cdn.gateio.im/webp-social/moments-2259892898ef8bc0f57b9e808e21d2ca.webp(The Squeeze momentum indicator of ASTER | Source: TradingViewHowever, it is important to note that tightening phases can also turn into a downtrend if market sentiment weakens or macroeconomic factors become unfavorable.

ASTER price faces resistance challenges

Currently, ASTER is trading at 1.14 USD, maintaining stability above the psychological threshold of 1.00 USD. Although this support level remains solid, the more significant foundational zone lies at 0.91 USD, which has played a supporting role for the price throughout the recent accumulation phase.

The two price levels of 0.91 USD and 1.25 USD form the dominant fluctuation zone of ASTER. Above 1.25 USD is the zone “The Void” – a resistance zone that has never been tested, and overcoming it would open up the opportunity to recover the 55% decline from October. The mentioned factors indicate that this possibility is entirely feasible, enabling ASTER to break through the 1.50 USD mark and head towards the 1.63 USD threshold.

![The price of Aster reflects positively after whales bought 51 million tokens ])https://img-cdn.gateio.im/webp-social/moments-60b29e0a023385bfc945ea930308edc5.webp(Analysis of ASTER price | Source: TradingViewConversely, if market sentiment weakens, ASTER may continue to maintain a sideways state or even drop below 0.91 USD. Such a price drop would pull ASTER back to the zone of 0.80 USD, invalidating the current bullish thesis and delaying the recovery outlook.

Mr. Giáo

ASTER-2.93%
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MakeASmallProfitOf100vip
· 11h ago
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