Mega Whales Keep ASTER’s All-Time High Hopes Alive — If It Clears $2.27
ASTER’s current itemizing on Binance has pulled the token again into the highlight. While the ASTER value briefly cooled to underneath $2 after robust positive factors, large-holder exercise and strengthening indicators counsel the story is much from over.
The short-term knowledge factors to a tug-of-war between liquidity positioning and real promoting, but when the bulls are proper, leaving ASTER now may not be the most effective choice ever. More in order it’s mere 17% south of its current all-time high.
Mega Whales Accumulate
On-chain knowledge reveals ASTER’s biggest holders are quietly strengthening their grip.
The high 100 addresses — or “mega whales” — now maintain about 7.84 billion ASTER, up 1.76% in 24 hours. That’s roughly 134 million ASTER, value round $264 million at present costs.
Meanwhile, public-figure wallets have additionally grown their holdings by 5.34%, including about 236,000 ASTER (virtually $465,000).
In distinction, smart-money wallets lowered publicity by practically 70%, whereas whales trimmed holdings by 9.97%, promoting about 7.5 million ASTER ( near $15 million).
Exchange balances have surged 59.6% to 625 million ASTER, which may seem like heavy promoting — however that is likely to be deceptive. Given Binance’s new itemizing, a part of this soar might be liquidity repositioning.
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Supporting that, the Money Flow Index (MFI) — which measures shopping for and promoting strain primarily based on value and quantity — is trending upward.
If these inflows have been actually sell-driven, MFI would have dropped. Instead, it’s rising towards 65, signaling that cash remains to be flowing into ASTER.
The Bull-Bear Power (BBP) indicator backs this up. BBP compares shopping for and promoting momentum; when it’s inexperienced, bulls dominate. Since October 5, BBP bars have turned optimistic, exhibiting renewed power.
These two readings collectively counsel the so-called “promoting strain” is likely to be a liquidity mirage, not a pattern reversal.
Hidden Bullish Divergence Keeps ASTER Price Uptrend Intact
The 12-hour chart reveals ASTER trading inside an ascending triangle (with the ascending trendline appearing as help), a construction that often favors consumers.
Between September 30 and October 5, the Relative Strength Index (RSI) — which tracks market momentum — made a decrease low, whereas costs made the next low. This is named a hidden bullish divergence, a sample that always confirms the continuation of an uptrend courtesy of fading promoting strain.
Key resistance sits at $2.04, $2.27, and $2.43 (ASTER’s all-time high). A 12-hour candle shut above $2.27 would verify breakout power and will open the door to a brand new high above $2.43.
However, if the ASTER price dips underneath $1.77 after which underneath $1.66, thereby breaching the triangle on the draw back, the bullish speculation would get invalidated.
As lengthy as RSI stays above 50 and BBP stays optimistic, bulls maintain the sting. For now, ASTER’s value motion tells a easy story: the massive holders haven’t left the desk — and neither ought to the market’s consideration.
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