Coinbase Listing Sends Aster (ASTER) Price Soaring Above $1

ASTER

The Aster (ASTER) price has surged above $1 in the last 24 hours, gaining over 5% in the past week as investor confidence strengthens following its inclusion in Coinbase’s asset listing roadmap.

The move signals Coinbase’s growing focus on decentralized finance (DeFi) projects and has sparked optimism about Aster’s future. The broader crypto market also rebounded 1.57%, supported by renewed momentum from the approval of the Bitwise Spot ETF.

Coinbase’s announcement, which also mentioned Monad and QCAD, indicates potential future listings, though the exchange clarified that being added to the roadmap does not guarantee approval. Still, Aster’s inclusion reflects rising institutional interest in DeFi and decentralized trading platforms built on the BNB Chain.

ASTER Price Analysis: Double Top Pattern Hints at Possible Drop

ASTER price is showing signs of weakness after forming a double top pattern, which often signals a possible reversal. The token is trading around $1.03, up 0.19% in the last 24 hours, but buyers seem to be losing momentum.

The chart shows two failed attempts to break above $1.20, forming the double top structure. The neckline of this pattern sits near $1.00, which now acts as the main support. If the price drops below this level, ASTER could fall further toward the next support zone around $0.85–$0.80.

The RSI indicator is around 40, showing that sellers are slowly taking control. This means ASTER might see more downside movement unless buyers step in soon. If bulls defend the $1.00 level and push the price above $1.10, the token might recover and cancel the bearish outlook. A strong move above $1.15–$1.20 would confirm a return to bullish momentum.

For now, ASTER traders are watching the $1.00 support closely. A clear break below it could start a short-term correction, while holding above it might lead to a quick rebound.

ASTER’s trend looks neutral to bearish in the short term. The double top pattern, weakening RSI, and reduced buying pressure suggest that a temporary pullback could be next before the token stabilizes or recovers.

If the bearish pattern confirms, ASTER might test the $0.80 support zone in the coming sessions before any strong bounce happens.

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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