BTCC
/
BTCC Square
/
Global Cryptocurrency
/
ASTER Price Prediction: Descending Wedge Signals Potential Rally to $1.60
ASTER Price Prediction: Descending Wedge Signals Potential Rally to $1.60
15
2
BTCCSquare news:
Aster's market trajectory shows consistent gains, with a 1.61% rise in the past 24 hours and a 2.96% weekly increase. Trading at $0.7311, its 24-hour volume surged 99.19% to $217.23 million, while its market cap climbed to $1.82 billion. These metrics reflect growing investor interest and bullish momentum.
Technical analysis reveals a descending wedge pattern on the 12-hour chart, with current prices hovering NEAR $0.763 at the wedge's lower boundary. Support holds firm between $0.57-$0.63, while resistance looms at $0.83-$0.85. A breakout above resistance could propel ASTER toward $1.20, with $1.60 as an extended target. The pattern suggests accumulation before a potential upside reversal.
By:
