• ASTER gains 2.78% in 24 hours despite a weekly decline.
• Barron Trump-linked wallet purchase sparks $74.58 million market buzz.
• Analysts highlight bullish breakout near $1.71.
• Market eyes a $10 target amid rising momentum.

Aster is showing strong bullish momentum following the positive sentiment in the crypto market. Over the past 24 hours, the token gained nearly 2.78%. This comes after a challenging week that saw the asset fall by 14.04%.

At the time of reporting, the token is trading at $0.75 with a 24-hour trading volume of $973.02 million. Trading activity is down 30.29% during this period, reflecting a notable decline in liquidity.

Meanwhile, the project’s market capitalization has grown by 2.29%, reaching $2.9 billion. This steady rise in value demonstrates ongoing investor interest. Traders are closely monitoring whether the recent uptick marks the start of a sustainable recovery or simply a short-term reaction.

Also Read: ASTER Eyes $10 Target After TRUMP TRUTH SOCIAL Adds $166 Million Investment

Barron Trump Wallet Sparks Market Frenzy

Momentum around Aster intensified after reports of a wallet tied to Barron Trump purchasing ASTER tokens worth $74.58 million. The scale of this acquisition has triggered speculation about political connections to digital assets. Traders quickly interpreted the move as a show of confidence, with bullish chatter spreading rapidly across the market.

Following this transaction, ASTER became one of the most discussed tokens of the day. Investors are now debating whether the buy-in represents a long-term strategic play or a short-term speculative push. Either way, the market’s response has been immediate, with many traders focusing on the possibility of ASTER reaching the $10 mark.

It highlights how big-ticket purchases continue to exert so much influence on sentiment, as this event has done. Here, the Barron Trump referral has put ASTER in the headline-grabber category and kindled tales that go beyond regular trading alerts.

ASTER Technical Breakout Builds Upward Pressure

According to crypto analyst Ardi, the token is crossing a significant resistance area around $1.71 as it makes a double-bottom formation on the hourly chart. The bullish configuration suggests a rebound after a prolonged decline. The neckline around $1.7325 is broken as a sign that buyers might be taking over.

Unless the breakout holds its ground, immediate supports are situated around $1.86 and $2.08, coinciding with Fibonacci retracement areas and previous reaction areas. These areas are where traders anticipate testing buyer willingness. Failure to stay above $1.7325 might cause a retreat towards $1.65 or as far as $1.55, wiping out recent gains.

Also Read: Aster Market Momentum Signals Next Bullish Move Toward $2.4389