An ASTER coin recorded a gain of about 6% over the past 24 hours, and daily trading volume increased by 75% according to CoinMarketCap data. This is attributed to general excitement in the altcoin market, which could drive ASTER to further upside.
Bitcoin is supporting altcoins
Buyers of Bitcoin held the $83,000 support zone for a week and refused to let sellers push below $82,000, as well as breaking the $80,000 level. This resilience helped altcoins stay stable, as the total market value of the altcoin market (including Ethereum) remained in the $1.14–$1.15 trillion range over the past week.
ASTER path
In July and most of August, the coin lacked a clear direction, then the consolidation phase shifted into an upward expansion. However, the long-term trend is still not bullish as of the time of writing.
What do buyers need to turn the structure bullish?
According to the 3-day chart:
- Pivot levels: $0.403 and $0.813 are the two most important points in the bearish swing structure since the beginning of the year.
- High not broken by a close: The $0.813 level was tested in August, but no candle closed above it. Until that happens, long-term traders may keep a cautious bearish outlook.
- Weak volume: In September, trading volume barely exceeded the 20-period moving average over the past three days. Due to low volume and upper shadows, the Accumulation/Distribution (A/D) indicator was unable to rise.
- DMI indicator: It showed an emerging bullish trend, but waiting for a session close above $0.813 to confirm the strength of the uptrend could remain a reasonable plan.
What should be monitored?
On the four-hour chart, August’s rise shifted into a trading range between $0.67 and $0.81. The gains over the last 24 hours pushed the price above the middle-range resistance at $0.74. Technical indicators also supported upside momentum and increased buying pressure. Traders can expect continued movement toward the upper end of the range, with the note that a breakout above $0.813 would signal a shift in the long-term trend.
Conclusion
- ASTER rose by about 6% as daily trading volume increased by 75%.
- Over the past month, the currency traded within a range just below the swing high, keeping the higher time-frame structure bearish throughout 2026.