ASTER Price Drops 8% Ahead of Stage 5 “Crystal” Airdrop

Aster

The Aster price has plunged 8% to trade at $0.7152 on a 7% drop in the daily trading volume to $1.77 billion.

The drop in ASTER price happens as the project prepares to launch its Stage 5 airdrop, known as “Crystal,” starting on December 22. This phase will distribute 1.2% of the total ASTER supply, or about 96 million tokens, making it Aster’s lowest-emission airdrop so far. The program will last six weeks and end on February 1, 2026, as Aster shifts toward tighter supply control.

The airdrop is split into two equal portions. One-half is immediately claimable, while the other half is a bonus that unlocks after a three-month lockup. Users who claim early will lose the bonus, which will be burned permanently. This structure is designed to reduce selling pressure and introduce a deflationary effect.

Eligibility will likely depend on user activity within the Aster ecosystem, such as trading volume and platform engagement, with final rules announced closer to launch.

Participants can either claim early and receive fewer tokens or wait to receive the full allocation. The airdrop comes ahead of the Aster Chain testnet launch in late December, with a full mainnet launch planned for 2026.

ASTER Price Support Holds, Bounce Could Be Coming

The ASTER price is currently at $0.701 and may be poised for a short-term bounce. The chart shows a descending wedge pattern, marked by yellow trendlines. This pattern typically forms after a downtrend and often signals a potential reversal.

Support is around $0.68–$0.70, where buyers have been stepping in to prevent further drops. On the upside, the resistance zone lies near $0.95–$1.00, where selling pressure may emerge if the price moves higher.

ASTERUSDT Analysis Source: Tradingview

The Relative Strength Index (RSI) is at 25.7, which is in the oversold zone. This indicates the price has fallen too quickly, and a rebound could be expected soon. Historically, similar RSI levels have led to short-term recoveries, suggesting buying pressure may increase.

Price action shows lower lows and lower highs, confirming the ongoing downtrend. However, the wedge pattern combined with the oversold RSI hints at a possible trend reversal. If ASTER breaks above the upper wedge line, it could move toward the $0.90–$1.00 resistance zone.

Traders should watch two key levels: support near $0.68–$0.70, which could trigger a bounce, and the upper wedge line/resistance near $0.95–$1.00, where a breakout could indicate a larger upward move.

ASTER is testing strong support, and the oversold RSI suggests a potential bullish reversal. A breakout from the wedge could target $0.90–$1.00, but if the support fails, the price may fall below $0.68. This setup favors short-term buyers, but proper risk management is crucial in case the downtrend continues.

About Author

Charles Kibue

About Author

Charles Kibue

Charles Kibue

Charles is a crypto journalist with years of hands-on experience in the blockchain world. He has a talent for turning complex crypto news into simple, clear stories. As a contributor to Coinnews and InsideBitcoins, Charles keeps readers up to date with accurate and easy-to-understand insights on the latest trends, tech, and market moves.
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