ASTER Whales Accumulate Despite the Dip — 4 Bullish Signs They Might Be Watching
Aster (ASTER) worth has slipped round 4% in the previous day, however massive holders aren’t backing away. Instead, they appear to be quietly positioning for what might be the token’s subsequent restoration leg. On the charts, momentum is shifting after days of stress, and a well-recognized sample is beginning to type.
These early hints could also be what whales are monitoring as they accumulate via the dip.
Whales Buy the Dip as Momentum Turns Positive
On-chain knowledge reveals that enormous Aster wallets have been including extra tokens regardless of the drop. Over the previous 24 hours, smaller whales elevated their holdings by 2.3%, including about 221,900 ASTER, bringing their whole stash to 9.87 million ASTER.
Meanwhile, mega whales — the high 100 addresses — added 0.15% to their holdings, selecting up roughly 11.7 million ASTER and bringing their whole to 7.82 billion ASTER.
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Together, whales amassed round 11.93 million ASTER in a single day, price about $11.93 million at the present ASTER worth stage. This type of coordinated build-up typically seems close to the finish of downward strikes, when stronger palms begin absorbing weak promote quantity.
Whales might be reacting to what’s taking place in momentum. The Moving Average Convergence Divergence (MACD), which compares short- and long-term averages to gauge development energy, is now flashing three bullish indicators.
First, the histogram bars have turned lighter pink, exhibiting that promoting stress is easing. The MACD line (blue) is now curling upward towards the sign line (orange), suggesting a doable bullish crossover.
And third, a bullish divergence has shaped between October 17 and October 22 — whereas the worth made a decrease low, the MACD made the next low, a sign that draw back vitality is fading.
When the identical lighter-histogram setup appeared on October 17, ASTER rallied almost 20%. The two new components this time — the upward curl and the divergence — add weight to the concept that whales is perhaps seeing one other bullish section forming.
ASTER Price Structure Points to a Reversal Setup
(*4*)reveals a broadening falling wedge, which kinds the fourth bullish check in the present setup. Unlike a typical wedge that tightens, this one is increasing, with every swing exhibiting barely wider highs and lows. This construction typically seems earlier than sharp reversals, as volatility builds and sellers begin dropping management.
$0.93 stays key assist, whereas $1.12 is the first resistance to clear. A confirmed breakout above that might open targets close to $1.28 and $1.53. If the transfer holds, ASTER might escape of the falling wedge at above $1.79.
A breakdown beneath $0.93, nonetheless, would weaken this setup and expose a transfer again to $0.80.
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