Astar Price Prediction 2023-2030: Will ASTR Price Hit $0.2 Soon?

  • Bullish Astar (ASTR) price prediction ranges from $0.05 to $0.2.
  • Analysis suggests that Astar (ASTR) price might reach above $0.2 soon.
  • Astar (ASTR)’s bearish market price prediction for 2023 is $0.0399.

Aside from Bitcoin (BTC) and Ethereum (ETH), there are other digital currencies worth considering for people looking to diversify their portfolios and get experience with new cryptocurrencies. Astar (ASTR) is one of them.

Astar Network is a multi-chain decentralized application layer on Polkadot. Astar incorporates Ethereum Virtual Machine, WebAssembly. The platform supports various decentralized applications like DeFi, NFTs and DAOs

If you are interested in the future of ASTR and want to know its predicted value for 2023, 2024, 2025, and 2030, keep reading!

Astar (ASTR) Market Overview

NameAstar
Symbolastr
Rank#133
Price$0.072625
Price Change (1h)1.92145 %
Price Change (24h)-1.34035 %
Price Change (7d)24.08703 %
Market Cap$295140056
All Time High$0.421574
All Time Low$0.03269521
Circulating Supply4068558998 astr
Total Supply7758533807 astr

What is Astar (ASTR)?

Astar, formerly known as Plasm, is a decentralized platform for building dApps in the web 3.0 ecosystem, founded by Sota Watanabe in 2019. It’s built on the Polkadot network and supports both Ethereum Virtual Machine (EVM) and WASM virtual machine, offering developers a wider range of tools for creating smart contracts. EVM is a well-established computation engine on Ethereum with millions of projects that are ready to be executed, while the WASM virtual machine is a portable compilation target that allows for deployment on the web using programming languages.

As the crypto community grows, the demand for more accessible, fast, and dynamic decentralized applications (dApps) is on the rise. Astar, a platform founded in 2019 by Sota Watanabe, offers a solution to this need. Astar provides a more efficient, affordable, and scalable platform for dApp development and runs on the Polkadot network. It also supports Ethereum Virtual Machine (EVM) and WASM virtual machines, allowing for a wider range of programming language options. Additionally, the platform implements layer 2 solutions such as Plasma and ZK rollups to enhance performance and offers cross-chain compatibility through the Polkadot network. Astar has also introduced the concept of dApp staking, where users can support specific projects rather than staking to secure the network.

The Astar platform operates on two levels. The first tier, referred to as the base layer, is a layer one blockchain constructed with the use of the Substrate blockchain technology. The second tier is a scaling solution that utilizes the Optimistic Virtual Machine (OVM), created by the Plasma Group. This gives developers the ability to customize their scaling design through the OVM module on Astar. Then, by utilizing Plasma or ZK rollups, developers can integrate their application layers into Astar’s base layer. The layer two solutions on Astar store data and ensure state transitions occur within the base layer of the Astar Network.

Astar network has the following core features such as developer rewards and dApp staking, and operator trading.

Analysts’ View on Astar (ASTR)

Investors are very bullish on Astar after showing a breakout pattern from the previous market trend.

Moreover, Astar holders have utilities to stake ASTR on pools.

Astar (ASTR) Current Market Status

According to CoinMarketCap, Astar (ASTR) is hovering at $0.07414 at the time of writing, with a total of 4,068,376,235 ASTR in circulation. ASTR has a 24-hour trading volume of $112,207,600, with a 12.82% decrease. And during the past 24 hours, the price of ASTR decreased by 12.01%. The most popular exchanges to trade Astar (ASTR) are Binance, Kucoin, Kraken, Gate.io, and Huobi. Let’s continue with our ASTR price research for 2023.

Astar (ASTR) Price Analysis 2023

Currently, Astar ranks 119th on CoinMarketCap’s list of the biggest cryptocurrencies by market capitalization. Will ASTR’s most recent improvements, additions, and modifications help its price rise? First, let’s focus on the charts in this article’s ASTR price forecast.

Astar (ASTR) Price Analysis – Keltner Channel

ASTR/USDT 1-Day Chart Showing Keltner Channel (Source: TradingView)

When volatility bands are placed on either side of an asset’s price, the Keltner Channel can be used to determine the direction of a trend. The ASTR/USDT Keltner Channel indicators can be used to forecast the price of Astar (ASTR). Because the price is still in the first half of the channel, it is possible that it will rise further. It is often advised to wait for a downturn or a better entry point to improve the reward-to-risk ratio.

Astar (ASTR) Price Analysis – Relative Strength Index

ASTR/USDT 1-Day Chart Showing Relative Strength Index (Source: TradingView)

The relative strength index (RSI) is a momentum indicator in technical analysis. The RSI analyzes the speed and amplitude of a security’s recent price swings to determine whether it is overpriced or underpriced. The 1-Day chart’s RSI value is 71.90. A movement of 79.18 may cause ASTR to experience a few dips before breaking through its psychological resistance.

Astar (ASTR) Price Analysis – Moving Average

ASTR/USDT 1-Day Chart Showing 200-MA and 50-MA (Source: TradingView)

A daily chart of Astar’s (ASTR) 200-day and 50-day moving averages are shown above. According to the above chart, ASTR is now trading above both of the two moving averages, indicating that the market is gaining bullish momentum. However, for ASTR to finally enter the bullish zone, the 50-day MA must cross the 200-day MA. Also, the difference between the two moving averages is narrowing, indicating that the current bearish era for ASTR is coming to an end.

Astar (ASTR) Price Prediction 2023

ASTR/USDT 1-Day Chart  (Source: TradingView)

By looking at the daily chart of ASTR/USDT, the ASTR price was fluctuating between $0.04048 and $0.09728 within the previous 30 days. Moreover, ASTR broke over the 200-day MA on February 5, 2023, with a single pump. Currently, ASTR is having a few retracements after pumping from $0.05 to $0.1 within a single day. 

Meanwhile, our prediction for ASTR in 2023 is still bullish since it cannot break down its current support and a strong low. We can expect ASTR to reach $0.14. 

MonthMinimum PriceAverage PriceMaximum Price
January 20230.07660.10000.1254
February 20230.07930.10270.1281
March 20230.08300.10640.1318
April 20230.08560.10900.1344
May 20230.08940.11280.1382
June 20230.09200.11540.1408
July 20230.09580.11920.1446
August 20230.09840.12180.1472
September 20230.10220.12560.1510
October 20230.10480.12820.1536
November 20230.10860.13200.1574
December 20230.11120.13460.1600

Astar (ASTR) Price Prediction – Resistance and Support Levels

ASTR/USDT 1-Day Chart (Source: TradingView)

The chart above shows that the price of ASTR has decreased in the past few months. However, ASTR has had a price surge from 0.05 to 0.1 within the past 7 days. Moreover, the price of ASTR has decreased by 10% in the past 24 hours. If this continues, ASTR might keep running bulls, breaking its $0.13 resistance 1 level and eventually increasing to $0.15.

If ASTR cannot break the $0.14 resistance 1 level, the bears may seize control and dethrone ASTR to a downtrend stance. In simple terms, the price of ASTR might fall to almost $0.03, indicating a negative signal given by the previous support level.

Astar (ASTR) Price Prediction 2024

The cryptocurrency market is known to repeat history, and most cryptocurrencies follow the Bitcoin trend. With 2024 as the year of the Bitcoin halving, there will be many sentiments toward the market, which is always bullish. We can expect the price of Astar (ASTR) to react positively to the news and trade at around $0.1745 by the end of 2024.

MonthMinimum PriceAverage PriceMaximum Price
January 20240.11650.13990.1653
February 20240.11920.14260.1680
March 20240.12290.14630.1717
April 20240.12550.14890.1743
May 20240.12930.15270.1781
June 20240.13190.15530.1807
July 20240.13570.15910.1845
August 20240.13830.16170.1871
September 20240.14210.16550.1909
October 20240.14470.16810.1935
November 20240.14850.17190.1973
December 20240.15110.17450.1999

Astar (ASTR) Price Prediction 2025

The effect of any Bitcoin correction is experienced in the following year from recent history. If ASTR ends in 2024 for $0.2144 or more, we can expect the price of ASTR to grow in 2025. This could make ASTR trade in 2015, considering investors will be bullish.

MonthMinimum PriceAverage PriceMaximum Price
January 20250.15640.17980.2052
February 20250.15910.18250.2079
March 20250.16280.18620.2116
April 20250.16540.18880.2142
May 20250.16920.19260.2180
June 20250.17180.19520.2206
July 20250.17560.19900.2244
August 20250.17820.20160.2270
September 20250.18200.20540.2308
October 20250.18460.20800.2334
November 20250.18840.21180.2372
December 20250.19100.21440.2398

Astar (ASTR) Price Prediction 2026

With the rise in cryptocurrency adoption in the mainstream, we can expect a possible market reversal in 2026 to have little impact on the recent gains in the price of ASTR. Hence, ASTR could end in 2026 at around $0.2573 or more. 

MonthMinimum PriceAverage PriceMaximum Price
January 20260.19930.22270.2481
February 20260.20200.22540.2508
March 20260.20570.22910.2545
April 20260.20830.23170.2571
May 20260.21210.23550.2609
June 20260.21470.23810.2635
July 20260.21850.24190.2673
August 20260.22110.24450.2699
September 20260.22490.24830.2737
October 20260.22750.25090.2763
November 20260.23130.25470.2801
December 20260.23390.25730.2827

Astar (ASTR) Price Prediction 2027

The most bearish market is followed by market consolidation in the next year. If the year 2026 turns out to be bearish for ASTR, we could expect the market to stabilize in 2027 and even trade higher. Hence, it is possible to see ASTR trade at around $0.3 in 2027 hence of reaching a new all-time high (ATH) price.

MonthMinimum PriceAverage PriceMaximum Price
January 20270.24220.26560.2910
February 20270.24490.26830.2937
March 20270.24860.27200.2974
April 20270.25120.27460.3000
May 20270.25500.27840.3038
June 20270.25760.28100.3064
July 20270.26140.28480.3102
August 20270.26400.28740.3128
September 20270.26780.29120.3166
October 20270.27040.29380.3192
November 20270.27420.29760.3230
December 20270.27680.30020.3256

Astar (ASTR) Price Prediction 2028

Astar is likely to trade above its 2025 price prediction of $2.2556 in 2028 due to the Bitcoin halving. With the powerful sentiment of investors to buy more cryptocurrencies, a buy pressure could be seen in the market, which will make ASTR trade at around $0.36 in 2028.

MonthMinimum PriceAverage PriceMaximum Price
January 20280.28490.30830.3337
February 20280.28760.31100.3364
March 20280.29630.31970.3451
April 20280.30090.32430.3497
May 20280.30360.32700.3524
June 20280.31230.33570.3611
July 20280.31700.34040.3658
August 20280.31960.34300.3684
September 20280.32840.35180.3772
October 20280.33300.35640.3818
November 20280.33570.35910.3845
December 20280.34440.36780.3932

Astar (ASTR) Price Prediction 2029

The most impact of a bullish sentiment resulting from Bitcoin halving is mainly experienced in the coming year. We can expect the price of ASTR to break more psychological resistance and trade around $0.42 by the end of 2029.

MonthMinimum PriceAverage PriceMaximum Price
January 20290.31490.33830.3637
February 20290.32020.34360.3690
March 20290.32890.35230.3777
April 20290.33860.36200.3874
May 20290.34380.36720.3926
June 20290.35260.37600.4014
July 20290.36220.38560.4110
August 20290.36750.39090.4163
September 20290.37620.39960.4250
October 20290.38590.40930.4347
November 20290.39110.41450.4399
December 20290.39990.42330.4487

Astar (ASTR) Price Prediction 2030

The impact of cryptocurrency adoption could stabilize the market by 2030, sustaining the bullish gains of the previous years. Hence, we can expect the price of ASTR to trade above $0.5373 by the end of 2030.

MonthMinimum PriceAverage PriceMaximum Price
January 20300.41490.43830.4637
February 20300.42020.44360.4690
March 20300.43090.45430.4797
April 20300.44260.46600.4914
May 20300.44780.47120.4966
June 20300.45860.48200.5074
July 20300.47020.49360.5190
August 20300.47550.49890.5243
September 20300.48620.50960.5350
October 20300.49790.52130.5467
November 20300.50310.52650.5519
December 20300.51390.53730.5627

Astar (ASTR) Price Prediction 2040

According to our long-term Shiba Inu price estimate, Shiba Inu prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $1.28950 by 2040. If the market becomes bullish, the price of Shiba Inu may increase beyond our 2040 forecast.

Minimum PriceAverage PriceMaximum Price
0.90261.28951.32

Astar (ASTR) Price Prediction 2050

According to our ASTR forecast, the average price of Astar in 2050 might be above $2.8368. If more investors are drawn to ASTR between these years, the price of ASTR in 2050 could be far higher than our projection.

Minimum PriceAverage PriceMaximum Price
2.52.83683

Conclusion

As said above, it may reach over $0.5 in 2030 if investors have decided that ASTR is a good investment along with mainstream cryptocurrencies.

FAQ

What is Astar (ASTR)?

Astar, formerly known as Plasm, is a decentralized platform for building dApps in the web 3.0 ecosystem, founded by Sota Watanabe in 2019. It’s built on the Polkadot network and supports both Ethereum Virtual Machine (EVM) and WASM virtual machine, offering developers a wider range of tools for creating smart contracts. EVM is a well-established computation engine on Ethereum with millions of projects that are ready to be executed, while the WASM virtual machine is a portable compilation target that allows for deployment on the web using programming languages.

How to buy ASTR tokens?

Like other digital assets in the crypto world, ASTR can be traded on many exchanges. Binance, Kucoin, Kraken, Gate.io, and Huobi are currently the most popular cryptocurrency exchanges for trading ASTR. 

Will ASTR surpass its current ATH?

Since ASTR provides investors with several opportunities to profit from their crypto holdings, it seems to be a good investment in 2023. Notably, ASTR has a high possibility of surpassing its current ATH in 2030.

Can ASTR reach $0.5 soon?

ASTR is one of the few active crypto assets that continue to rise in value. As long as this bullish trend continues, ASTR might break through $0.3 and reach as high as $0.5. Of course, if the current market favoring crypto continues, it will likely happen.

Is ASTR a good investment in 2023?

ASTR is expected to continue its upward trend as one of the fastest-rising cryptocurrencies. We may also conclude that ASTR is an excellent cryptocurrency to invest in this year, given its recent partnerships and collaborations that have improved its adoption.

What is the lowest price of ASTR?

The lowest ASTR price is 0.03272, attained on October 13, 2022.

Which year was ASTR launched?

ASTR was launched in December 2017.

Who are the co-founders of ASTR?

Astar (ASTR) was co-founded by Yaniv Tal, Jannis Pohlmann, and Brandon Ramirez.

What is the maximum supply of ASTR?

The maximum supply of ASTR is 10,057,044,431 ASTR.

How do I store ASTR?

ASTR can be stored in a cold wallet, hot wallet, or exchange wallet.

What will be the ASTR price in 2023?

ASTR price is expected to reach $0.14 by 2023.

What will be the ASTR price in 2024?

ASTR price is expected to reach $0.1745 by 2024.

What will be the ASTR price in 2025?

ASTR price is expected to reach $0.2144 by 2025.

What will be the ASTR price in 2026?

ASTR price is expected to reach $0.2573 by 2026.

What will be the ASTR price in 2027?

ASTR price is expected to reach  $0.3 by 2027.

What will be the ASTR price in 2028?

ASTR price is expected to reach $0.36 by 2028.

What will be the ASTR price in 2029?

ASTR price is expected to reach $0.42 by 2029.

What will be the ASTR price in 2030?

ASTR price is expected to reach $0.53 by 2030.

What will be the ASTR price in 2040?

ASTR price is expected to reach $1.2895 by 2040.

What will be the ASTR price in 2050?

ASTR price is expected to reach $2.8368 by 2050.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and affiliates will not be held liable for direct damage or loss.


Post Views: 52

Source: https://coinedition.com/astar-astr-price-prediction/