This is how Aster Whales can help save the price from its first bearish crossover

Aster Coin’s three-week rally was abruptly cut short as overall market conditions deteriorated, dragging the altcoin lower. This change reflects the increasing selling pressure in the cryptocurrency market, putting Aster at risk of a deeper loss.

But the whales’ behavior suggests that a complete collapse can be avoided if their support continues.

Sponsored

Sponsored

Aster whales are stationary

Aster’s MACD indicates a potential change in momentum.

For the first time, the altcoin is approaching a sell crossover when the signal line moves closer to the move above the MACD line. This alignment usually shows a transition from bullish to bullish momentum and prompts caution among traders.

The histogram reinforces this warning with descending bars indicating increasing fading strength.

When momentum declines, investor sentiment may change, It makes Aster more vulnerable For more withdrawals. The potential crossover could be the first major momentum reversal for Aster since the uptrend began.

Want more ideas about tokens like these? Subscribe to Editor Harsh Notaria’s daily cryptocurrency newsletter here.

Despite the weak indicators, whale activities have remained surprisingly supportive. During the past week, addresses containing between 1 million and 10 million stars have accumulated 30 million tokens, worth more than $35 million. This continuous purchase contributed to the stability of the price movement during the previous fluctuations.

Sponsored

Sponsored

Although the gathering of whales stopped, these carriers did not return to sell. Their desire to hold on despite market turmoil provides an important cushion against larger losses.

If the whales hold their positions, You can avoid Aster A deeper decline, even if market conditions deteriorate further.

The ASTER price can recover

Aster is trading at $1.18, falling below the $1.20 resistance level. The altcoin’s nearly three-week uptrend has broken in the past 24 hours, raising doubts about the future path.

According to current indicators, He can recover Aster The support is at $1.20 and will settle below $1.28 or rise towards $1.39. This forecast relies heavily on the stability of the uptrend and continued support from investors focused on accumulation.

However, if the whales decide to change course and start selling, The price of Aster may fall At $1.07. Losing that level invalidates the uptrend theory.

This will confirm that the downward momentum has taken over, which could lead to a deeper correction.