Aster Turns Higher as Market Breaks Multi-Day Downtrend and Rebuilds Short-Term Structure

Aster breaks a multi-day downtrend as buyers respond to improving short-term structure on the 2-hour chart.

Market cap shows cooling after earlier surges, reflecting a transition toward slower and steadier movement.

Aster posts a 24-hour gain with a steady price climb despite reduced trading volume.

Aster shows early signs of renewed strength after a clear break of its multi-day downtrend. Market structure improves as short-term price action advances and broader metrics reflect a shift toward more measured trading behavior.

Downtrend Break Gives Aster a New Short-Term Structure

ZAYK Charts (@ZAYKCharts) reports that Aster has broken above its multi-day descending trendline on the 2-hour chart. This break ends a period where lower highs and lower lows defined the asset’s movement. The breakout forms after repeated failed attempts by sellers to extend the decline near the structure base.

The chart displays a breakout candle pushing firmly through the diagonal level without the usual upper-wick rejection. This change suggests that prior short setups are losing strength. The chart also features a green projection box marking a measured move of about 20 percent. This region becomes relevant if the breakout zone holds during any retest attempt.

Price Climbs as Buyers Regain Intraday Control

Aster trades at $0.9548 after a 2.9 percent 24-hour gain. The advance forms through a steady stair-step pattern from the $0.925 level. Higher highs and higher lows build a constructive intraday structure as price maintains support during early pullbacks. Volume falls 43.62 percent to $177.4M, yet price behavior remains steady.

The RAVE token launch was reported by analyst Lahno , noting that Aster is the first DEX to support the release and a $200,000 reward campaign. Such events often generate short bursts of speculative activity, which can support intraday upward movement. The climb above the $0.94–$0.945 micro-range adds further confirmation of buyer interest near short-term resistance.

Market Cap Trends Show Expansion, Volatility, and Cooling

Aster’s multi-month price and market-cap chart shows early expansion from mid-September into late September, forming a rise from under $1B toward the $3B–$3.5B zone. The strong move reflects rapid inflows during the early growth period. The correlation between price and market cap stays tight during this phase.

Source: coinglass

The chart then transitions into a more volatile pattern through October. Market cap spikes above $3B several times, while price trades more unevenly. As November begins, both price and market cap enter a stabilizing phase before drifting lower into December. The decline brings market cap toward the $1.5B–$1.7B region and price near the $1.00 area, suggesting a cooling period after earlier momentum waves.

The post Aster Turns Higher as Market Breaks Multi-Day Downtrend and Rebuilds Short-Term Structure appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.