ASTER Crypto Reclaims $2 Before Binance Listing, Hinting at a Potential Uptober Breakout?

Jakarta, Pintu News – Aster’s (ASTER) price revival comes at a very opportune moment. The altcoin surged back above $2 after Binance announced that it would list ASTER for spot trading.

This announcement comes just a day after the project was hit with an intense wave of FUD (Fear, Uncertainty, and Doubt) regarding allegations of manipulating trading volumes on its decentralized exchange (DEX).

The controversy sparked a sell-off that pushed ASTER’s price down briefly before stabilizing. However, the news of listing on Binance seems to have erased most of the negative sentiment. Now, the question is: where will the ASTER price go next?

Crypto Daisies Make a Comeback

On Sunday, October 5, ASTER’s price briefly rose to the $2 level, raising hopes of a potential run to a new record high. However, the momentum quickly faded when the token price fell back to around $1.82.

Read also: Walmart Launches Crypto Trading Service Through OnePay App

This sudden reversal came after DeFiLlama, one of the leading on-chain analytics platforms, removed Aster’s trading volume data due to alleged manipulation of trading activity.

According to 0xngmi, one of the core developers at DeFiLlama, the team is investigating irregularities in Aster’s DEX perpetual trading volume. He notes that Aster’s reported trading volume is almost identical to the perpetual trading volume on Binance – an unusual similarity that raises a big question mark.

Adding to the controversy, CCN reported that on-chain analyst ZachXBT also weighed in, alleging that Aster’s trading activity may be linked to wash trading practices to manipulate volume.

Binance Listing Drives Market Sentiment

Despite the controversy, Binance has finally confirmed that they will be listing the altcoin. This news pushed ASTER’s price up from its previous low.

On the 4-hour chart (6/10), ASTER price formed an ascending triangle pattern – a technical structure that indicates that buyers are starting to take control and prepare for a potential breakout.

Taking a closer look, the Chaikin Money Flow (CMF) indicator increased to 0.12, signaling a steady flow of capital into the market. At the same time, ASTER has also moved above the 20-period Exponential Moving Average (EMA), confirming a new short-term consolidation.

With momentum starting to build and liquidity increasing, a break above the upper trendline of this triangle pattern could push ASTER prices towards higher resistance levels.

On the on-chain side, the Weighted Sentiment indicator for ASTER is still showing negative numbers – meaning that the social conversation around this project is still dominated by bearish sentiment.

Read also: Aster Token Sinks 10% Ahead of Phase 2 Airdrop as Integrity Concerns Mount

However, rising prices amid negative sentiment tell a different story: the quiet accumulation ofsmart money.

When public sentiment is still low but prices continue to rise, it indicates that experienced investors are buying while the majority of the market is still skeptical. If this divergence continues, ASTER prices could potentially continue to rise as short-term skeptics are forced into the market, which could eventually push prices even higher.

ASTER Price Prediction: Ready to Set a New Record High (ATH)

On the 2-hour chart (6/10), ASTER price broke out of the falling channel pattern, signaling a potential trend reversal.

Although the Awesome Oscillator (AO) indicator is still in the negative area, the appearance of green histogram bars shows that selling pressure is starting to weaken and buyers are slowly taking back control.

If this recovery momentum continues, ASTER has the potential to break the resistance level of $2.17, paving the way to a new All-Time High of $2.44 in this “Uptober” month.

However, if selling pressure increases, market sentiment could quickly change direction. In such a scenario, ASTER risks failing to hold the current support zone and could drop back to around $1.67 – a crucial area that the bullish side needs to defend to prevent a deeper price drop.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• CCN. ASTER Price Reclaims $2 Ahead of Binance Spot Listing, Targets ‘Uptober’ Rally. Accessed on October 7, 2025