The post Aster (ASTR) Price Dips Today: Is a Major Bull Run to a New ATH Coming Next? appeared first on Coinpedia Fintech News
Aster is making headlines today as its price experiences a sharp pullback. This has sparked questions about whether this is a temporary correction or the start of a new bullish rally. The crypto market has seen heightened volatility recently. Altcoins like Aster are closely following broader market trends influenced by Bitcoin and Ethereum movements. Trading volumes are decent, reflecting active investor interest, while technical indicators suggest potential support levels that could set the stage for a rebound.
The ASTR price has remained largely incremental since the beginning. After breaking down the pattern, the bulls prevented the price from entering an important support zone. With this, the possibility of a rebound has become more precise. With a significant decrease in the volume, it would be interesting to watch how the bullish breakout unfolds.
As seen in the above chart, the ASTER price in the short term has broken down from the rising wedge pattern. The price failed to enter the support zone between $1.93 and $1.97, indicating a strong presence of the bulls. The StochRSI has reached the oversold zone, suggesting the token may be undervalued and could be due for a rebound. On the other hand, the selling pressure has faded to a large extent, while the levels of the MACD are about to undergo a bullish crossover.
The chart patterns and the technicals point towards a bullish breakout, which has been validated with the latest rebound. The Aster price could continue with a U-shaped recovery and eventually reach the uppermost resistance at $2.4. After a couple of failed attempts, the price is expected to experience a strong rise and form a new ATH above $2.5, somewhere around $2.75 to $2.8 in the first few days of Q4, 2025.