Aster (ASTER) surged 38% to $1.285 on November 2, 2025, after Binance co-founder Changpeng Zhao disclosed his purchase via tweet. The token later retraced all gains amid Bitcoin’s drop below $108,000, hitting a low of $0.818 before recovering to $1.06, signaling potential bullish momentum.
Aster’s 38% rally was triggered by CZ’s public buy disclosure on November 2, 2025.
The subsequent sell-off erased gains as Bitcoin fell below key support levels.
Current price at $1.06 shows recovery, with technical indicators like MFI and OBV supporting short-term bullish pressure, though $1.28 resistance looms.
Discover why Aster cryptocurrency price surged 38% after CZ’s tweet and its latest recovery to $1.06. Analyze charts, whale activity, and Bitcoin’s impact for informed trading decisions—stay updated on ASTER trends today.
What caused the Aster cryptocurrency price surge in November 2025?
Aster cryptocurrency price experienced a sharp 38% increase on November 2, 2025, climbing from $0.928 to $1.285, primarily due to a tweet from Changpeng Zhao, co-founder and former CEO of Binance, announcing his purchase of the token. This disclosure sparked widespread investor interest and buying activity. However, the rally was short-lived as market sentiment shifted with Bitcoin’s decline, leading to a full retracement of gains by November 4.
How has Aster’s technical structure shifted after the retracement?
Aster’s price action has transitioned from a bearish to a bullish structure on the one-hour chart, with the token breaking above the $0.92 supply zone, now acting as support. The Money Flow Index (MFI) has risen above 50, indicating renewed buying pressure and momentum. On-Balance Volume (OBV) shows higher lows and highs over the last 24 hours, suggesting consistent accumulation despite broader market pressures from Bitcoin’s downtrend. Fibonacci retracement levels at $1.10 and $1.185 present immediate hurdles, and traders must monitor these for potential resistance. Data from TradingView highlights this flip, where the local swing high at $0.97 was breached, reinforcing the bullish outlook. Experts note that while short-term indicators are positive, sustained recovery depends on Bitcoin stabilizing above $108,000, as correlated assets often follow its lead.
Source: ASTER/USDT on TradingView
Frequently Asked Questions
What triggered Aster’s 38% price surge on November 2, 2025?
Aster’s surge was directly linked to a tweet from Changpeng Zhao, revealing his investment in the token, which boosted market confidence and led to rapid buying. This event propelled the price from $0.928 to $1.285 within hours, highlighting the influence of high-profile endorsements in the crypto space.
Is Aster cryptocurrency poised for a sustained recovery amid Bitcoin’s volatility?
Aster shows signs of recovery with its price at $1.06, supported by bullish technical flips and increasing volume. However, Bitcoin’s downtrend poses risks; if BTC holds above $108,000, ASTER could test $1.28 resistance, but a further drop might trigger another pullback—monitor closely for confirmation.
Key Takeaways
- CZ’s tweet ignited the rally: The 38% surge to $1.285 stemmed from Changpeng Zhao’s disclosure, demonstrating how influential figures can drive short-term volatility in altcoins like Aster.
- Retracement tied to Bitcoin: All gains were erased as Bitcoin dipped below $108,000 support, underscoring the interconnected risks for correlated assets during market corrections.
- Bullish indicators emerging: With MFI above 50 and OBV rising, Aster’s structure has flipped positive—watch $1.10 Fibonacci for breakout potential amid whale activity.
Conclusion
The Aster cryptocurrency price volatility in early November 2025, from a CZ-fueled 38% surge to a full retracement and nascent recovery at $1.06, illustrates the token’s sensitivity to market leaders like Bitcoin and high-profile investments. Whale positions, including a $500,000 long from a major holder reported by Lookonchain and a $4.21 million buy from a Pepe investor, add layers of intrigue, though mixed sentiments persist. As technicals lean bullish, Aster holders should prioritize risk management. Looking ahead, reclaiming $1.28 could signal stronger momentum—consider these dynamics for strategic positioning in the evolving crypto landscape.
Source: https://en.coinotag.com/aster-crypto-eyes-recovery-after-21-rally-but-bitcoin-downtrend-poses-risks/