The Aster price has been stuck in a tight range for weeks, but that quiet period may not last much longer.
Top analyst Ardi pointed out that the token is in its longest consolidation phase ever. In fact, the chart shows that the token has been trading sideways for close to three weeks.
Instead of the token trading up or down, it has been trading in a tight range, repeatedly testing support without breaking it. At writing, the ASTER token is trading at around $0.71.
Here’s What The ASTER Chart Is Showing
The chart shared by trader Ardi shows that ASTER has been defending a key support area around $0.69–$0.70. Several quick dips into that zone were immediately bought up, which suggests buyers are still active at those levels.
Another detail standing out in the ASTER chart is declining trading volume during the consolidation. That type of behavior often appears when markets are quietly building positions before the next move.
Instead of aggressive buying or selling, traders appear to be waiting. According to the analyst, that combination of stable support and shrinking volume can signal a local accumulation phase.
Source: X/Ardi
However, on the upside, the most important level sits around $0.75.That area has acted as a ceiling multiple times during the past few weeks, stopping each rally attempt before it could extend higher.
If the ASTER price manages to break above that level with strong momentum, the next target could come near $0.81, which the analyst describes as a larger macro pivot on the chart.
A move into that region would mark a clear shift in market structure after weeks of sideways action.
_****Pi Coin Price Prediction As Pi Network Prepares Major Upgrade Ahead Of Pi Day**
What’s Next For ASTER?
However, the setup cuts both ways. The longer a market stays trapped in a tight range, the more pressure tends to build. When the breakout finally happens, the move often happens quickly.
If the ASTER price fails to hold the $0.69 support zone, the analyst warns that the downside reaction could be sharp. After weeks of buyers entering the same area, a breakdown could push many of those positions underwater at the same time.
Such a situation may lead to forced selling and drive prices lower.For now, ASTER price remains stuck in a tight range between $0.69-$0.70 support and $0.75 resistance. We’re waiting to see which level will be broken first. Because after three weeks of silence, the next move may not stay quiet for long.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Breaks Through $72,000: The Iran–Israel ceasefire boosts risk assets, with $427 million in short positions liquidated, but Polymarket shows disagreement on end-of-year outlook
Bitcoin broke through $72,000 on April 10, mainly due to a fragile ceasefire agreement between the U.S. and Iran that boosted market risk appetite, with funds flowing from safe-haven assets into Bitcoin. Increased institutional inflows and a rebound in Large Investors’ holdings are driving the price higher. Technical analysis shows that the main resistance lies in the $72,200 to $73,500 range. Despite a bullish outlook in the short term, there is still disagreement over forecasts for Bitcoin’s price by year-end, and the risk of a pullback also needs to be watched.
ChainNewsAbmedia1h ago
TAO (Bittensor) down 16.28% over the past 24 hours
Gate News message, on April 10, according to Gate market data, as of the time of publication, TAO (Bittensor) is trading at $269.80, down 16.28% over the past 24 hours. It reached a high of $341.10 and fell to a low of $248.60. The 24-hour trading volume is $14.71 million. The current market cap is approximately $2.59B.
Bittensor is an open-source protocol that supports a decentralized, blockchain-based machine learning network. Machine learning models train collaboratively and earn rewards in TAO based on the value of the information they provide to the collective. TAO also enables external access, allowing users to extract information from the network and adjust network activity according to their own needs.
---
Key recent news about TAO:
1️⃣ **
GateNews1h ago
The Strait of Hormuz is open! Iran demands tolls be paid in Bitcoin, and the Persian Gulf still has “big ships”
The Iranian government charges oil tankers a $1 per-barrel toll for passage through the Strait of Hormuz and requires payment in bitcoin to bypass U.S. sanctions. This move has caused extreme volatility in the cryptocurrency market, with bitcoin’s price surging, highlighting the importance of digital assets in geopolitics. Global shipping has been disrupted, Iran and the United States have taken differing positions in ceasefire talks, and financial markets have also roiled in response to this event.
CryptoCity2h ago
Bitcoin sees over 27k options contracts expire! Analyst: Bear market characteristics continue to dominate
According to Greeks.live data, April 10 saw BTC and ETH options expire. For BTC options, the number of contracts was 27,000, the Put/Call Ratio was 0.71, and the maximum pain point was $69,000. For ETH, it was 151,000 contracts, and the Put/Call Ratio was 0.77. The analysis indicates that market characteristics are skewed bearish, and falling implied volatility suggests the market expects less short-term volatility. Despite the recent rebound, internal momentum in the market has not formed, and no clear sentiment shift has been observed.
MarketWhisper2h ago
Fed Minutes Keep Bitcoin Traders Guessing as Iran Risk Clouds the Next Four Weeks
The Federal Reserve's recent minutes revealed mixed signals on potential rate changes, influenced by inflation and geopolitical tensions. Bitcoin's price is currently around $71,000, with analysts divided on its future amid these macroeconomic pressures, relying on factors like the Iran ceasefire and inflation trends.
CryptoNewsFlash3h ago
