The Aster price has seen a notable surge, climbing 12.38% in the last 24 hours to trade at $1.97. The token’s recent upward move has drawn attention as technical signals hint at continuation while major wallet accumulations add weight to the bullish case. Meanwhile, Donald Trump’s wallet and MrBeast’s growing stake in Aster highlight increasing confidence from high-profile investors, supporting the ongoing narrative of strength around the project.
Aster Price Action Suggests Path Toward $3.00 Breakout
The Aster price action reflects a bullish pennant flag pattern, formed after a sharp rally from sub-$1.00 levels. The token broke higher before retracing into the $1.76 support region, which continues to hold strongly. Notably, consolidation within tightening ranges suggests that buyers remain in control despite profit-taking pressures.
Specifically, the symmetrical structure indicates coiled energy, with resistance at $2.09 and $2.40 acting as key hurdles. Meanwhile, the possible target projects toward $3.00 if a breakout confirms above the upper band. The current Aster market price trades at $1.97, showing strength after today’s 12.38% rally.
A sustained close above $2.00 would strengthen bullish conviction, signaling further upside. However, losing $1.76 support could delay the next rally, keeping Aster price locked in consolidation. As earlier reported by CoinGape, analysts see upside potential stretching toward $9.69 if Aster mirrors HYPE’s all-time high rally.
Trump’s $112M Aster Bet and MrBeast’s Entry Boost Market Buzz
Donald Trump’s wallet has drawn massive attention after showing 55 million Aster tokens, valued at roughly $112 million. This positioning underscores confidence from the former U.S. President in the project’s growth trajectory.
His accumulation has amplified discussions around institutional-style interest spilling into newer tokens.
Meanwhile, MrBeast has also grown his Aster exposure, adding 167,436 tokens worth $320,000 in the past week. This purchase lifted his total holdings to over 700,000 tokens, marking a $1.28 million commitment.
The celebrity entry, alongside Trump’s position, injects strong credibility into Aster’s narrative.
Following this, derivatives activity also picked up, with Open Interest rising 7.93% to $1.29 billion, according to CoinGlass. This expansion in OI signals growing speculative participation around Aster, often a precursor to heightened price swings.
Together, heavyweight endorsements and a jump in derivatives positioning suggest Aster price could remain firmly supported heading into Q4.
Conclusively, the Aster price has reinforced its bullish outlook with today’s 12.38% surge. Strong technicals align with high-profile backing from Trump and MrBeast. Rising Open Interest further validates investor appetite, suggesting continued traction. If Aster sustains momentum, a push toward higher resistance zones appears increasingly likely.