- Aster’s worth crossed $1 on November 5, 2025, rising in opposition to broader cryptocurrency market tendencies.
- If the worth rises above the psychological stage, the bulls might goal $2.
- The macro atmosphere might play an vital position in Aster’s worth restoration or decline.
ASTER, the native token of decentralized perpetual spot alternate ASTER, is at present up double digits and above $1.
That is regardless of the broader crypto market battling widespread promoting strain as international crypto market capitalization declines by 3%.
Notably, ASTER worth rose greater than 15% to hit an intraday excessive of $1.06, with bulls reclaiming the psychological $1 mark amid a 17% surge in day by day quantity.
Bulls take management as Aster worth regains $1 stage
This rise exhibits that the DEX platform’s native token is bucking broader market-wide tendencies.
The cryptocurrency crash over the previous 48 hours has seen Bitcoin plummet to under $100,000, with over $1.7 billion in leveraged positions liquidated in 24 hours.
Nevertheless, as of this writing, Aster’s market capitalization has elevated by 15% to greater than $2.07 billion.
The rise in Astor inventory regardless of widespread weak spot follows a latest vertical transfer during which bulls soared from a low of $0.91 to over $1.24 on November 2, 2025.
The bears regained the higher hand, however the worth motion benefited from the euphoria brought on by Binance founder Zhao Changpeng buying 2.09 million ASTER tokens.
Full disclosure. I purchased an Aster right this moment utilizing my very own cash. @Binance.
I am not a dealer. I purchased it and preserve it. pic.twitter.com/wvmBwaXbKD
— CZ 🔶 BNB (@cz_binance) November 2, 2025
Mr. Zhao’s publish sparked a bullish reversal, with Aster costs surging and day by day quantity leaping 10 occasions as shopping for strain elevated.
Nevertheless, its upward momentum stalled as cryptocurrencies plummeted together with inventory costs amid macro headwinds.
Cryptocurrency abuse throughout decentralized finance didn’t assist the bulls, and ASTER worth fell to a low of $0.83 on November 4th.
Is ASTER prepared for a $2 retest?
As talked about earlier, the altcoin’s worth fell to a low of $0.83 this week, which can also be an vital help zone, as seen when the worth crashed in late October.
Bitcoin and Ethereum fell amid the crypto fiasco, with sentiment declining and threatening to drop to $0.75.
Nevertheless, the bulls have recouped latest losses and pushed the worth above $1, a key stage that patrons retested over the previous 24 hours.
The positive factors got here amid a 12% leap in day by day quantity, with buying and selling quantity reaching $1.56 billion over the previous day as elevated shopping for pushed ASTER above psychological ranges.
On the chart, costs proceed to development downward. See under.
Nevertheless, the breakout from the falling wedge sample and energy on the retest counsel that bulls might goal $1.55 within the quick time period.
The area marks an area excessive in mid-October, with the $2 mark above it.
The relative energy index is barely tilted round 52, however nonetheless above the impartial mark.
Equally, the MACD indicator on the 4-hour chart exhibits a bullish crossover.
