- Aster’s price surged above $1 on November 5, 2025, bucking the wider crypto market trend.
- Bulls could target $2 if the price holds above the psychological level.
- Macro conditions may play a key role in Aster’s recovery or further decline.
ASTER, the native token of the decentralized perpetual and spot exchange Aster, has risen by double digits and is currently trading above $1.
This gain comes even as the broader crypto market faces selling pressure, with a roughly 3% drop in total cryptocurrency market capitalization.
Specifically, ASTER jumped more than 15% to an intraday high of $1.06, with bulls reclaiming the $1 psychological level amid a 17% surge in daily trading volume.
Bulls take control as Aster reclaims the $1 level
The token’s gains stand in contrast to weakness across the wider market.
Crypto losses over the past 48 hours pushed Bitcoin below $100K, while more than $1.7 billion in leveraged positions were liquidated within 24 hours.
Despite that broader weakness, Aster’s market capitalization rose about 15% to more than $2.07 billion at the time of writing.
Aster’s rally amid the wider downturn followed a recent vertical swing that drove the token from lows near $0.91 to above $1.24 on November 2, 2025.
Although bears later reclaimed some gains, that price swing was fueled by renewed optimism after Binance founder Changpeng Zhao purchased 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
That post catalyzed a bullish shift, sending Aster’s price higher and increasing daily volume roughly tenfold as buying pressure intensified.
However, the rally faltered when cryptocurrencies broadly fell along with equities amid macroeconomic headwinds.
Exploits and security incidents across decentralized finance added to bearish pressure, pushing ASTER down to $0.83 on November 4.
Is ASTER poised to retest $2?
As noted, the altcoin fell to $0.83 earlier in the week, a key support zone that was previously tested when prices dropped in late October.
Weak sentiment tied to losses in Bitcoin and Ethereum during the crypto sell-off threatened a move toward $0.75.
Still, bulls have recovered recent losses and pushed the token back above $1, a critical level that buyers retested within the last 24 hours.
The rebound coincided with a 12% increase in daily volume, with approximately $1.56 billion traded over the last day as growing demand helped ASTER hold the psychological threshold.
On the chart, price action remains within a downtrend. See the image below.
Nevertheless, a breakout from the falling wedge pattern and the strength shown on the retest suggest bulls may have a short-term opportunity to target $1.55.
That level corresponds to a local peak in mid-October, and above it lies the $2 area.
The relative strength index (RSI) is slightly tilted around 52, remaining above the neutral midpoint.
Similarly, the MACD on the 4-hour chart indicates a bullish crossover.