- The Aster price climbed above $1 on November 5, 2025, bucking the broader crypto market trend.
- Bulls could target $2 if the price holds above the psychological $1 level.
- The macro environment may play a key role in Aster’s recovery or a potential sell-off.
ASTER, the native token of the decentralized exchange for perpetual and spot trading, has posted double-digit gains and is currently trading above $1.
This move comes even as the wider crypto market faces heavy selling pressure, with the global crypto market cap falling by roughly 3%.
Notably, ASTER rose more than 15% to an intraday high of $1.06, with bulls reclaiming the psychological $1 mark amid a 17% increase in daily volume.
Bulls take control as Aster reclaims $1
The gains have pushed the DEX platform’s native token against the grain of the broader market.
A crypto sell-off over the past 48 hours saw Bitcoin plunge below $100K and more than $1.7 billion in leveraged positions liquidated within 24 hours.
Despite the market-wide stress, Aster’s market capitalization has risen roughly 15% to about $2.07 billion at the time of writing.
Aster’s surge, despite broader weakness, follows a sharp swing that drove prices from lows near $0.91 to above $1.24 on November 2, 2025.
Although bears later pushed back, that price swing was aided by upbeat sentiment after Binance founder Changpeng Zhao disclosed a purchase of 2.09 million ASTER tokens.
Full disclosure. I just bought some Aster today, using my own money, on @Binance.
I am not a trader. I buy and hold. pic.twitter.com/wvmBwaXbKD
— CZ 🔶 BNB (@cz_binance) November 2, 2025
Zhao’s post sparked a bullish reversal that sent Aster’s price higher, with daily volume jumping roughly tenfold as buying pressure increased.
That upward momentum hit obstacles when cryptocurrencies broadly fell along with equities amid macroeconomic headwinds.
Security exploits in decentralized finance further weighed on bulls, and ASTER fell to lows near $0.83 on November 4.
Is ASTER set to retest $2?
As noted, the altcoin fell to $0.83 this week, a key support zone that was also tested when prices dipped at the end of October.
The downturn in sentiment when Bitcoin and Ethereum suffered during the market-wide crash threatened a collapse toward $0.75.
However, buyers have reclaimed recent losses and pushed ASTER back above $1, a critical level retested over the past 24 hours.
Gains have coincided with a 12% rise in daily volume, with roughly $1.56 billion traded in the last 24 hours as increased buying helped ASTER hold above the psychological threshold.
On the charts, the price still trades within a downtrend, but the breakout from a falling wedge pattern and the strength of the recent retest suggest bulls may have a short-term opportunity to target $1.55.
That area marked a local high in mid-October, and beyond it lies the $2 level.
The relative strength index (RSI) sits slightly above neutral at around 52, indicating mild bullish tilt.
Similarly, the 4-hour MACD is signaling a bullish crossover, supporting the case for potential near-term upside while macro conditions remain the key risk factor.
Aster price chart from TradingView