This Is How Aster Whales Can Save Price From Its First Bearish Crossover
BeInCrypto
Despite weakening indicators and a potential bearish MACD crossover, Aster's price stability relies on continued support from large whale holders.Summary
Aster's recent three-week uptrend has stalled due to broader market weakness, bringing the altcoin close to its first bearish MACD crossover, which signals a potential momentum reversal.
However, large holders, or whales, holding between 1 million and 10 million ASTER, have shown strong support by accumulating 30 million tokens recently. Although this accumulation has paused, these whales have not started selling, providing a critical cushion against significant price drops.
Currently trading at $1.18, Aster could recover toward $1.28 or $1.39 if bullish stability holds and whale support remains. Conversely, if whales begin selling, the price could drop to $1.07, invalidating the current bullish outlook.
(Source：BeInCrypto)