Aster price outlook: can bulls hold $1 and target fresh rally?

• Aster price jumped above $1 on November 5, 2025, defying the broader crypto market trend.
• Bulls could eye $2 if the price holds above the psychological level.
• The macro environment may play a key role in Aster’s price recovery or dump.

ASTER, the decentralized perpetual and spot trading exchange, Aster’s native token, is up double digits to currently hover above $1.

This is even as the broader crypto market battles widespread sell-off pressure amid a 3% decrease in global cryptocurrency market capitalisation.

Notably, ASTER price has jumped by more than 15% to intraday highs of $1.06, with bulls reclaiming the psychological $1 mark amid a 17% spike in daily volume.

Bulls take charge as Aster price reclaims $1 level

The gains see the DEX platform’s native token buck the trend across the broader market.

A crypto rout in the past 48 hours saw Bitcoin crash to below $100K, and over $1.7 billion leveraged positions liquidated in 24 hours.

But Aster’s market cap is up 15% to over $2.07 billion as of the time of writing.

Aster’s surge despite the broader weakness follows the recent vertical swing that had bulls jumping from lows of $0.91 to above $1.24 on November 2, 2025.

While bears recouped the advantage, that price swing benefited from an uplifting sentiment tied to Binance founder Changpeng Zhao’s purchase of 2.09 million ASTER tokens.

Full disclosure. I just bought some Aster today, using my own money, on @Binance.

I am not a trader. I buy and hold. pic.twitter.com/wvmBwaXbKD

— CZ 🔶 BNB (@cz_binance) November 2, 2025

Zhao’s post catalysed a bullish flip that sent the Aster price soaring, with daily volume popping tenfold as buying pressure mounted.

However, that upside momentum hit the rocks as cryptocurrencies plummeted alongside stocks amid macro headwinds.

Crypto exploits across decentralized finance did not help bulls, and ASTER price sank to lows of $0.83 on Nov. 4.

Is ASTER poised for a retest of $2?

As noted, this altcoin’s price fell to lows of $0.83 this week, with this also a key support zone as seen when prices plunged in late October.

Decline in sentiment as Bitcoin and Ethereum suffered amid a crypto bloodbath threatened a breakdown to $0.75.

However, bulls have recouped the recent losses and are back above $1, a key level that buyers have retested in the past 24 hours.

Gains have come amid a 12% spike in daily volume, with $1.56 billion traded in the past day as heightened buying helps ASTER hold above the psychological level.

On the charts, price remains in a downtrend. Have a look below.

Yet the breakout from a falling wedge pattern and strength on retest suggest bulls may have a short-term shot of targeting $1.55.

This area marked a local top in mid-October, and above it lies the $2 mark.

While the relative strength index is slightly sloped near 52, it remains above the neutral mark.

Similarly, the MACD indicator on the 4-hour chart signals a bullish crossover.