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Aster (ASTER) Holds Key Support – Will This Pattern Trigger an Upside Breakout?

Aster (ASTER) Holds Key Support – Will This Pattern Trigger an Upside Breakout?

CoinsProbeCoinsProbe2025/09/28 18:03
By:Nilesh Hembade

Date: Sun, Sept 28, 2025 | 02:50 PM GMT

The broader cryptocurrency market is under pressure this week, with Bitcoin (BTC) and Ethereum (ETH) both posting notable losses. Ethereum, in particular, has corrected by more than 10% and is now hovering around the $4,000 level. Despite the bearish environment weighing on major altcoins , Aster (ASTER) is showing resilience.

Over the past 24 hours, ASTER has gained more than 9%, standing out as one of the few tokens flashing early signs of strength. Even more importantly, the price action is hinting at the development of a bullish reversal pattern that could determine the token’s next big move.

Aster (ASTER) Holds Key Support – Will This Pattern Trigger an Upside Breakout? image 0 Source: Coinmarketcap

Falling Wedge Pattern in Play?

On the 1-hour chart, ASTER appears to be shaping a falling wedge pattern — a technical formation that often signals the potential end of a downtrend and the start of a bullish reversal.

The latest correction dragged the token down to the wedge’s lower boundary near $1.70, which has acted as a key support zone in recent trading sessions. At the time of writing, ASTER trades around $1.81, suggesting that bulls are once again defending this critical area.

Aster (ASTER) Holds Key Support – Will This Pattern Trigger an Upside Breakout? image 1 Aster (ASTER) 1H Chart/Coinsprobe (Source: Tradingview)

The immediate challenge for buyers is reclaiming the 20-hour moving average (currently near $1.85). A decisive close above this level would signal renewed short-term momentum and improve the odds of a breakout from the wedge structure.

What’s Next for ASTER?

If ASTER continues to respect the wedge support and builds momentum, the next logical step would be a move toward the upper resistance trendline of the wedge. A confirmed breakout above that barrier could unlock further upside potential, possibly triggering a sustained bullish reversal.

On the flip side, if ASTER faces rejection near the upper boundary, the price may revisit the lower support trendline before staging another attempt to break higher.

Bottom Line

While the broader crypto market remains in corrective mode, ASTER is flashing a promising technical setup that traders will be watching closely. The falling wedge, combined with strong support at the $1.70 zone, suggests that the token may be gearing up for a bullish move — provided it can reclaim short-term moving averages and break through wedge resistance.

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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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