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ASTER Eyes Breakout, Could Rally Toward $1.40 Resistance Level Soon

ASTER Eyes Breakout, Could Rally Toward $1.40 Resistance Level Soon

2025-11-06

ASTER

  • ASTER is showing strong breakout potential as increasing trading volume signals growing interest from investors.
  • Technical indicators, including 9EMA and 50SMA, suggest immediate bullish momentum in the market trend.
  • Surpassing key resistance levels around $1.35–$1.40 could trigger further gains and attract more buyers.

ASTER is strongly indicating a potential breakout, and this is drawing considerable attention in the crypto market as well. According to analysts, key resistance levels are being touched and initial signs of consolidation, indicating a breakout point, are emerging. Breaking above this point could open up new highs for this asset.

At the time of writing, ASTER is trading at $1.09, market cap of $2.22 billion and a trading volume of $2.28 billion within 24 hours, having experienced a significant price surge of 5.25%.

Source: CoinMarketCap

ASTER Eyes New All-Time High

Crypto analyst Captain Faibik has pointed out that ASTER is close to having a Falling Wedge breakout, which could be followed by a new all-time high price.   According to his analysis, this technical formation indicates that the market is about to turn and favor an uptrend.

Source: X

Also Read | Binance CEO Denies Involvement in Trump-Backed Stablecoin Deal

ASTER Signals Strong Bullish Momentum

Yet, another analyst, Alpha Crypto Signal, observed that ASTER is currently testing again a major resistance point that was earlier a strong supply region. Breaking above that point and then closing above it would be a sign of a strong trend for buyers of this cryptocurrency.

Source: X

Also, recent volume surges reveal early stages of build-ups, and the token is currently trading above both 9EMA and 50SMA, indicating immediate strength. If prices are able to sustain above the levels of $1.15-$1.20, then further increases could be witnessed towards resistance levels of $1.35-$1.40.

Overall, ASTER is looking ready for a breakout, and market observers will be waiting to see if a break above resistance is achieved, as this could be followed by gains.

Also Read | Canada Unveils Plan to Regulate Stablecoins in 2025 Federal Budget

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