ASTER jumps 9% above $0.60 as traders eye breakout toward $1 target

• Aster traded to highs of $0.65 amid a 9% uptick in 24 hours.
• The bounce from lows of $0.43 on February 5, 2026, could extend amid a retest of key levels.
• Risks of a downturn remain as Bitcoin and Ethereum struggle.

ASTER is among the top-gaining altcoins on the day, as its price surges by nearly 9% to extend its upside movement above $0.60.

The token, native to the innovative decentralized exchange platform Aster, is showing this renewed strength amid broader market weakness.

On Tuesday, as Bitcoin and Ethereum held around $68,000 and $2,000, respectively, Aster jumped to intraday highs of $0.65.

A potential upside continuation as traders target more gains is shaping up, although overall sentiment means that profit-taking might still be a factor.

Aster price posts 9% bounce

The crypto market has significantly flipped bearish since the downturn that smashed bulls’ optimistic outlook on October 10, 2025.

In the latest extension of that negative sway, Aster’s price fell to lows of $0.43, with losses mirroring the sharp sell-off to $60k for BTC and $1,740 for ETH.

However, just as BTC bounced to $70k, the altcoin regained some upside momentum and surged to $0.60.

Bulls have held above this level in the past two days, having tested $0.65 on three occasions in the time frame.

ASTER recorded nearly 9% in 24-hour gains, cutting losses over the past week and now trades in the green over this period.

While the bounce aligns with a slight shift in broader sentiment, the dip in trading volume means buyers have not stepped in forcefully.

If the platform’s recent launch of 0% maker fees across all markets draws significant liquidity and user interest, bulls could seize control.

ASTER price forecast

On the one side, a potential pump to $1.30 looms, and on the other, a failure to solidify gains could spell danger.

For bulls, the daily chart reveals a falling wedge breakout, a bullish pattern signaling potential reversal as price compresses and escapes upward resistance.

Key oscillators also remain neutral but lean toward buy signals.

The daily RSI hovers around 53 and is upsloping. However, it is well off overbought conditions.

Meanwhile, the Commodity Channel Index and Average Directional Index both show neutral readings, while the MACD hints at a buy move as the histogram ticks positive with expanding bias.

This setup positions ASTER for a possible short-term pump, with primary supply zones at $0.80 and $0.95.

Breaking to $1 will bring the $1.22 to $1.30 range into view as the next target, which is the top of the projected wedge pattern from November 2025.

With risks of a pullback in play, key levels to watch include $0.54 and $0.46.