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Will ASTER Break Out to a New ATH or Face Its Biggest Crash Yet?

Will ASTER Break Out to a New ATH or Face Its Biggest Crash Yet?

CoinEdition2025/09/29 16:00
By: Abdulkarim Abdulwahab
ASTER trades above $1.8 support after recent rallies. Michael van de Poppe sees $2 as a breakout level for a possible new ATH. Ardizor warns that ASTER could be “the biggest crash” the crypto market has seen in recent times.
  • ASTER trades above $1.8 support after recent rallies.
  • Michael van de Poppe sees $2 as a breakout level for a possible new ATH.
  • Ardizor warns that ASTER could be “the biggest crash” the crypto market has seen in recent times.

ASTER is trading at $1.79 after a 6.6% decline in the past day. Its strong rally earlier this month pushed the token from under $0.50 to above $2.40. The asset has since entered a consolidation phase, holding above a key support area between $1.75 and $1.85.

The price zone has already provided two strong rebounds of 15% and 35%, making it an important level for short-term traders. Market activity on Binance shows steady volumes, though lower than during the initial surge.

Related: CZ’s Involvement in Aster DEX Project Boosts Investors’ Confidence

Analyst Identifies Critical Levels

Crypto analyst Michael Van De Poppe described the $1.8 area as a decisive level. In a post on X, he noted that the zone has repeatedly offered reliable support. “From this area, it has been providing bounces of 15% and 35%. Good stuff, and I think we’re on the verge of a big move again,” van de Poppe wrote.

He added that a breakout above $2 would likely clear resistance and push ASTER to a new all-time high. The token’s previous peak above $2.40 remains a near-term target if bullish momentum returns.

Will ASTER Break Out to a New ATH or Face Its Biggest Crash Yet? image 0 Will ASTER Break Out to a New ATH or Face Its Biggest Crash Yet? image 1

Risks if Support Breaks

Van de Poppe also cautioned that losing the current support level could shift sentiment. If ASTER falls below $1.75, he sees $1.25 as the next significant support. That move would represent a drop of more than 30% from current levels and unwind much of the recent rally.

Technical indicators show ASTER trading in a neutral zone, with the relative strength index (RSI) around mid-range levels. This suggests no immediate signs of overbought or oversold conditions.

Other Analysts Weigh In: The Biggest Crash Has Started

Trader Ardizor shared a one-hour chart of ASTER/USDT, showing the token breaking below its trading range between roughly $1.70 and $1.90. After losing this support on Sept. 29, the price is expected to drop, sliding to near $1.30 in a steep downtrend. 

Labeling the move as a confirmed breakdown, Ardizor warned that “the biggest crash has started,” pointing to strong selling pressure and further downside risk.

Will ASTER Break Out to a New ATH or Face Its Biggest Crash Yet? image 2 Will ASTER Break Out to a New ATH or Face Its Biggest Crash Yet? image 3

Meanwhile, Crypto Fella shared a bullish outlook, noting that a breakout is imminent and revealing he has already gone long on the token. 

Related:  Earning ‘Rh Points’ in Aster’s Genesis Season 2 Can Happen in Several Ways

Backing his optimism, he compared Aster’s performance to that of industry giant Tether, claiming that Aster generated even more revenue than Tether in the past 24 hours. This statement highlights his confidence in both the project’s short-term technical setup and its growing fundamental strength.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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