Aster forms bullish pattern, whale activity signals confidence, and buyback plan supports potential 50% price rally toward $1.60.
Aster has recently shown signs of recovery after a volatile period. The price is forming a bullish chart pattern. Whale activity, combined with this technical setup, suggests Aster could see a 50% price rally soon.
Aster Breaks Out of Falling Channel and Forms Bullish Pattern
Aster recently broke free from a long-standing falling channel, signaling a potential change in market direction.
The price action coincided with the formation of an inverse head-and-shoulders pattern, known for marking bullish reversals. This chart pattern is often seen as a sign of increasing buyer interest.
The neckline of the pattern, located near $1.23, represents a key resistance point. If Aster successfully breaks this level, a rally toward $1.60 becomes possible. Additionally, the Parabolic SAR dots have moved below the price, which suggests that the buyers are gaining control of the market.
The RSI is just below the midline, leaving room for further upward momentum. Short-term support at $1.06 is being defended, indicating active accumulation by traders. If the price holds this support and breaks above $1.23, the rally could continue toward $1.60.
Whale Activity Signals Renewed Confidence in Aster
A whale wallet recently withdrew $5.3 million USDT and spent $3.2 million to acquire 2.94 million Aster tokens. This purchase shows that large investors are starting to pay attention to Aster again. The whale wallet still holds about $2 million USDT, suggesting the possibility of further buying.
A newly created wallet withdrew $5.3M $USDT from @Aster_DEX and spent $3.2M $USDT to buy 2.94M $ASTER at a price of $1.09, in the past 15 hours.
The wallet still holds $2M $USDT and is likely to make further purchases.
Address: 0xe307f534eec7256331c347ad73e7a08446f1d7a7
Data… pic.twitter.com/o8Z4K8ssrp
— Onchain Lens (@OnchainLens) October 29, 2025
Whale activity often signals confidence in a token’s price movement. Large investors typically make such purchases when they believe in the asset’s potential for growth. This recent purchase is seen as a positive sign that larger players believe Aster will recover.
In addition, Aster’s buyback plan, which allocates 70-80% of trading fees to repurchase tokens, adds another layer of confidence. This buyback initiative aims to reduce selling pressure and help support the price of Aster.
Buyback Plan Adds Strength to Aster’s Price Outlook
Aster’s team has confirmed a strategic buyback plan aimed at supporting the token’s value. The plan will use a large portion of Season 3 trading fees to repurchase ASTER tokens. This buyback will help reduce the circulating supply, creating upward pressure on the price.
The buyback plan is designed to strengthen investor confidence and stabilize the market. In addition to reducing supply, the plan offers rewards and airdrops tied to trading activity. This could further boost participation and support Aster’s price movement.
With whale purchases and the buyback strategy in place, Aster’s outlook looks positive. If the price remains above $1.06 and breaks through the $1.23 resistance, the token could see significant upward movement.
