- Aster’s price jumped 7% as bulls retested the $1.20 resistance level.
- A technical breakout points to a possible continuation of the rally.
- A whale increased their ASTER holdings and now controls over 8.4 million tokens.
The Aster (ASTER) token trades above $1.17 as bulls attempt to retest the key $1.20 resistance level.
Although the intraday gain of around 7% at the time of writing suggests a relatively modest move by Aster’s standards, the rise comes amid a notable strategic accumulation of 8.4 million ASTER tokens.
Steady buying combined with emerging technical patterns could set the stage for a sharp upward move in this DEX token.
Whale accumulates 8.4 million ASTER
On-chain data highlighted by Lookonchain on X show that the whale known as “ThisWillMakeYouLoveAgain” has significantly increased their Aster position since November 4, 2025.
Over that period the entity acquired 8.41 million ASTER tokens at an average purchase price of $0.97 per token.
This $36M+ profit PEPE whale “ThisWillMakeYouLoveAgain” keeps buying $ASTER.
Since Nov 4, he has bought 8.41M $ASTER($8.14M) at $0.97 avg and currently sitting on an unrealized profit of $1.1M.https://t.co/ojMTiObP6O pic.twitter.com/fQfaKtFJ0n
— Lookonchain (@lookonchain) November 12, 2025
This accumulation has produced an unrealized profit of approximately $1.1 million, according to the latest updates.
On-chain records indicate the whale’s activity involved multiple USDT deposits into the Aster platform followed by successive token purchases — a deliberate acquisition strategy.
Notably, this investor previously realized substantial gains trading PEPE.
Another bullish factor for Aster has been increased buybacks.
Over the past 24 hours, ASTER buybacks rose 50%, reaching roughly $7,500 per minute.
The initiative removed about 2.4 million ASTER tokens from circulation — roughly $2.8 million worth, or 0.12% of the total circulating supply.
This reduced supply has added upward pressure on the token, and market sentiment has been further buoyed by speculation about a possible Coinbase listing and a technical rebound that has reawakened trader interest.
Much of the recent gain stems from timely market entries; after buying ASTER at recent lows, the whale appears to hold renewed confidence in Aster’s potential.
Aster price outlook amid technical breakout
While many altcoins struggle, the Aster price has shown a technical breakout.
The token’s rise and the potential retest of $1.20 align with a breakout from a symmetrical triangle pattern on the four-hour chart.
If bulls can close above the triangle’s resistance line and re-test the earlier $1.215 area, it could signal a shift from bearish to bullish momentum.
Chart of Aster Price – TradingView
Technical indicators further support the move: the RSI sits above 62 and appears poised to extend higher, while the Chaikin Money Flow points to steady capital inflows, suggesting an accumulation phase that could push Aster toward higher resistance levels.
If the $1.20 barrier is decisively taken, technical targets point to potential short-term objectives between $1.25 and $1.50.
Bullish plans rely on continued market support; a broader market weakness could change the outlook.
The coming days will be critical to determine whether the token can sustain bullish momentum above $1.20. If the trend reverses, prices could fall back to immediate support areas near $1.08 and $0.96.