The post Aster Price Surges Past $1.35, Can Bulls Take it to $1.55 This Week? appeared first on Coinpedia Fintech News
Crypto markets are stuck in uncertainty. Bitcoin’s crash below the $90,000 mark has left most traders worried. This is justified by the Fear & Greed Index sitting deep in “Extreme Fear.” Yet, Aster bucks the trend, posting robust gains and ranking as one of today’s top performers.
Why the buzz? A gush of bullish signals and speculative demand, triggered by Stage 4 airdrop and a $10 million trading competition, have pushed Aster price. The token has shown remarkable resilience, refusing to give up its gains. Intriguing enough? Join me as I decode the price targets for curious minds like you and me.
Aster Coin Price Prediction: Will Bulls Nail $1.55?
Aster price just flexed its technical muscle, breaking past two key zones. The 7-day SMA at $1.18 and the crucial Fibonacci retracement level of $1.26. This move turbocharged its bullish structure, with price now comfortably above its ascending support trendline. Which has been tested 3 times since the start of November.
What’s most exciting? The current price hovers around $1.35, which could trigger short squeezes if resistance fails to hold. Successively, the volume, market cap, and price gains all suggest robust interest. With over $1.11 billion changing hands in the last 24 hours and the market cap climbing above $3.2 billion.
Digging into technicals, the RSI sits around 63, meaning there’s still room before we hit the profit-taking territory. This is substantially higher than the average crypto RSI, which lags behind at just 42.
Coming to targets, if we get a daily candle close above $1.40, I expect the bullish train to roll toward $1.55 fairly quickly. Potentially within two to three days, given the current volatility and volume. The key here is holding above the $1.26 and $1.35 levels. A break below $1.26 could see Aster fall rapidly to the $1.12 and even $1.00 zones.
From my perspective, Aster is as bullish as it gets in a market clouded by fear. That said, if momentum reduces or overall sentiment worsens, this bullish scenario could flip, potentially erasing 8–12% in bad-case setups. For now, bulls appear firmly in control, and traders may find those upside targets achievable before the weekend.
FAQs
Aster’s price jumped due to strong technical breakout, major trading competition and speculative interest.
If Aster closes above $1.40 with steady volume, a push toward $1.55 is possible. Traders are watching momentum closely as support levels continue to hold.
Aster’s RSI sits near 63, which suggests strength but not extreme pressure. There’s room for gains, though sharp swings can still hit if sentiment shifts.
Support at $1.26 and $1.35 is key. Holding above them helps fuel upside, while losing $1.26 could open the path to $1.12 or even $1.00 in a weak market.
Source: https://coinpedia.org/price-analysis/aster-price-surges-past-1-35-can-bulls-take-it-to-1-55-this-week/
