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Aster (ASTER), the native token of a decentralized exchange focused on perpetual and spot trading, is maintaining the crucial $0.60 support level amidst widespread downturns in the larger cryptocurrency market.
Today’s price forecast for Aster indicates that bullish traders may aim for the 50-day moving average at $0.74, as increasing open interest suggests a possible breakout.
At present, ASTER is trading at $0.6072, having experienced a significant 75% decline from its September high of $2.42.
Nevertheless, a rise in on-chain activity and technical momentum suggests that the price could be set for a turnaround.
Aster is the Second-Largest Perp DEX with a $7B Daily Volume
Aster is currently positioned as the second-largest perpetual DEX platform, boasting an average daily volume of $7 billion, which accounts for over 14% of the market.
Only Hyperliquid surpasses this performance, commanding $14 billion in volume and a market share of 31.4%.
Source: DefiLlama
Moreover, Aster has established itself among the top 10 revenue-generating protocols in the cryptocurrency space, averaging $1.5 million in daily revenue.
This performance results in the second-highest price-to-fees (P/F) ratio of 4.74x in the industry, showcasing strong fundamental value in relation to market valuation.
Both whales and retail investors have been actively accumulating during the recent downturn.
Notably, former Binance founder Changpeng Zhao (CZ) recently acknowledged a crypto whale who disclosed their accumulation activities during the dip below $0.60, stating: “You should see how much Aster I stacked.”
You should see how much Aster I stacked.
— CZ
BNB (@cz_binance) January 23, 2026
This public endorsement from one of the most influential figures in cryptocurrency has bolstered analyst confidence that Aster is likely to experience a significant rebound moving forward.
Aster Price Prediction: $0.66 Breakout Could Initiate 60% Surge to $1.00 Target
The ASTER/USDT daily chart reveals a market that remains structurally weak but is beginning to stabilize after a prolonged downtrend.
The price is currently hovering around $0.61–$0.62, situated directly above a clearly defined long-term demand zone near $0.60.
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From a trend analysis perspective, ASTER remains beneath all major moving averages, with the 20-day, 50-day, and 100-day EMAs positioned bearishly above the price.
This reinforces the notion that the broader trend remains bearish, and upward movements will likely face selling pressure.
Source: TradingView
However, the price has started to compress near support while forming higher lows compared to the most recent sell-off, indicating early signs of base-building behavior instead of aggressive downward continuation.
A definitive daily close above the $0.66–$0.70 range, which aligns with near-term resistance and short-term EMAs, would indicate a significant shift in momentum.
If that breakout occurs, the next substantial upside target lies around $0.95–$1.00, where previous market structure and liquidity are situated.
A successful reclaim of the $1.00 level would markedly enhance market structure and pave the way toward the $1.30–$1.38 area.
Aster Recovery Could 10x This $30M Presale Project
With the current market remaining uncertain, Aster and other utility-focused crypto initiatives would gain significantly if Bitcoin regained strength and staged a convincing rally, particularly as equities, gold, and silver face substantial corrections.
If this scenario unfolds, established BTC-beta projects like Bitcoin Hyper would likely draw considerable investor capital.
Bitcoin Hyper ($HYPER) is attracting significant attention as it develops the first functional Layer 2 solution for Bitcoin, leveraging Solana-based technology to provide speed and scalability while maintaining Bitcoin’s security framework.
The project has now raised over $31 million to enable developers to create Bitcoin-native decentralized applications.
This offers BTC holders new opportunities to utilize their assets productively through on-chain tools specifically designed for the Bitcoin ecosystem.
As DeFi wallets and exchanges adopt this scaling solution, demand for $HYPER is expected to grow rapidly.
Interested investors can acquire $HYPER before the next price increase by visiting the official Bitcoin Hyper website and connecting their preferred wallet (such as Best Wallet).
You can exchange USDT or SOL for $HYPER at the current presale price of $0.013665, or make a purchase using a bank card.
Visit the Official Bitcoin Hyper Website Here
The post Aster Price Prediction: ASTER Defends $0.60 Support as Bulls Target $0.74 MA appeared first on Cryptonews.
