ASTER price has witnessed a strong rally over the past 24 hours, climbing approximately 11–16% to trade around $1.12–$1.14. The surge comes amid renewed market interest and the launch of ASTER’s Rocket Launch campaign, a project-focused incentive program. While the campaign is generating buzz, the rally is supported by broader market sentiment and strategic on-chain activity. Investors and analysts note that this upward move is not merely speculative but reinforced by measurable trading volumes and whale participation.
Despite remaining below previous highs, ASTER’s price action reflects growing confidence in the token and its ecosystem. This coordinated momentum indicates that both retail investors and large holders are positioning for potential short-term gains, with the broader crypto market providing a supportive backdrop for the token’s latest performance.
Rocket Launch Campaign Ignites Demand
The Rocket Launch campaign is designed to reward users with ASTER and partner project tokens for participating in early-stage listings and trading activity. The program has already boosted spot and DEX trading volumes, confirming that the rally is backed by real transactional activity rather than pure hype. Analysts highlight that campaigns like this effectively generate short-term demand while strengthening community engagement. They also provide incentives for both retail and institutional traders to participate in the ecosystem, increasing token utility and liquidity.
If participation remains strong, ASTER could see continued support from both new and existing investors. The campaign’s success could also reinforce investor confidence, encouraging further accumulation by whales and traders looking to capitalize on momentum-driven price action. Overall, the Rocket Launch initiative acts as a tangible catalyst driving near-term interest in ASTER.
Whale Buying Adds Fuel to the Breakout
In the past 24 hours, whale activity has significantly contributed to ASTER’s price surge. On-chain data reveals that the top 100 addresses, known as “mega whales,” have increased their holdings by approximately 11.7 million ASTER, bringing their total to around 7.82 billion ASTER. Additionally, smaller whales have added about 221,900 ASTER to their positions, marking a 2.3% increase in their collective holdings. These substantial purchases underscore the growing confidence among large investors in ASTER’s potential. This accumulation phase is particularly noteworthy given the current market dynamics, where strategic buying by whales can lead to reduced circulating supply and increased upward pressure on the token’s price.
Derivatives & Market Sentiment Boost ASTER
ASTER’s recent rally is supported by both derivatives market activity and broader crypto sentiment. Over the past 24 hours, futures open interest rose 13–14%, adding tens of millions of dollars in leveraged positions and reflecting bullish trader confidence. Funding rates remain slightly positive, signaling optimism, though higher leverage also increases short-term volatility risk.
At the same time, macro crypto sentiment is favorable, with Bitcoin and major altcoins showing strength, encouraging capital inflows into high-potential tokens like ASTER. The combination of whale accumulation, rising OI, and supportive market conditions is creating strong short-term momentum, offering upside potential while highlighting the need for caution due to potential rapid price swings.
Can ASTER Price Sustain the Momentum?
From a technical perspective, ASTER is showing strong short-term bullish signals, but key levels will determine whether the momentum can continue. The token is currently trading around $1.12–$1.14, with immediate resistance near $1.27 and support at $1.10–$1.12. A sustained move above $1.27 could confirm a breakout, potentially targeting $1.35–$1.40 as the next short-term upside zone. Conversely, a breach below $1.10 may trigger a consolidation or minor pullback, as it would signal weakening buying pressure.
As seen in the above chart, the ASTER price has broken above the falling wedge, and before heading towards the resistance, it is consolidating. This consolidation hints towards the beginning of an accumulation zone and as RSI has turned slightly negative, a drop to the upper resistance of the wedge could be possible. The volume remains within the lower range, validating the bearish claim.
Therefore, the Aster price could probably plunge a little below $1 and drain all the selling pressure, followed by a massive rebound to the resistance zone between $1.2 and $1.3.
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