Aster price has seen a dramatic price increase today, surging over 30% in just a few hours after Binance co-founder Changpeng Zhao (CZ) revealed a personal investment of approximately 2.09 million Aster tokens worth between $2 million and $2.5 million. This surprising fact quickly ignited investor enthusiasm and triggered a surge in trading activity. ASTER has become one of the hottest altcoins today as its price soared from $0.91 to $1.26 as traders speculated on the possibility of a sustained breakout.
Will Aster price reach $2 in November 2025?
The token broke through the resistance level near $1.00 and rose parabolically towards $1.26, supported by record trading volume of over $2 billion. The sharp increase in trading activity indicates aggressive buying interest and speculative momentum as short-term traders look to capitalize on the hype. But analysts warn that such a support-based rally could lead to volatility and temporary overvaluation.
Since its inception, ASTER price has fallen after a bullish rise in ATH and is under significant upward pressure. Although prices remain under bearish influence, the recent rise in volume reflects increased attention from traders. However, the stochastic RSI is heading towards the lower bound along with the MACD, indicating a reduction in buying pressure. Nevertheless, the MACD is in positive territory in the short term, and as long as this level remains within this range, a strong rebound is likely.
Therefore, the price may fall below $1 to squeeze out the selling pressure and start a rebound and enter the resistance zone. If this clears, a rally to $2 could be imminent.
conclusion
The sudden spike in Aster’s price highlights the powerful influence of high-profile support in the crypto market. CZ’s investments have increased investor confidence and market participation, but without fundamental growth, sustainability remains uncertain. Traders will need to keep an eye on a possible correction if short-term profit-taking begins. Nevertheless, if ASTER maintains its strong volume and consolidates above $1.20, it could signal broader adoption and a shift to a more stable uptrend in the coming sessions.
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