- Aster’s price jumped 7% as bulls retested the $1.20 resistance level.
- The technical breakout points to a possible continuation higher.
- A whale has added to its ASTER accumulation and now holds over 8.4 million tokens.
The Aster (ASTER) token is trading above $1.17 as bulls attempt to retest the $1.20 resistance level.
While a 7% intraday gain at the time of writing might seem modest compared with some volatile crypto moves, the rise occurs amid a significant strategic accumulation of 8.41 million ASTER tokens.
Steady buying activity combined with emerging technical patterns could set the stage for a bullish breakout for the DEX token.
The whale accumulates 8.4 million ASTER
On-chain data highlighted in a Lookonchain post on X shows that the whale known as “ThisWillMakeYouLoveAgain” has materially strengthened its Aster position since November 4, 2025.
During this period the entity acquired 8.41 million ASTER tokens at an average 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 about $1.1 million according to the latest updates.
On-chain records show the whale’s transaction history includes multiple USDT deposits into the Aster platform followed by token purchases, indicating a calculated acquisition strategy.
Notably, this investor has previously realized substantial gains trading PEPE.
Another bullish factor for Aster is the increase in token buybacks.
Over the past 24 hours, ASTER buybacks rose 50%, reaching a rate of roughly $7,500 per minute.
The initiative removed 2.4 million ASTER from circulation, worth about $2.8 million — approximately 0.12% of the total circulating supply.
The resulting supply reduction added bullish momentum to the token, and market sentiment was further lifted by speculation of a potential Coinbase listing and a technical rebound that renewed trader interest.
Much of the recent gains stem from timely market entries; having bought ASTER near recent lows, the evidence suggests the whale has renewed confidence in Aster’s potential.
Aster price outlook amid a technical breakout
While many altcoins continue to struggle, Aster’s price has shown a breakout from a technical pattern on the chart.
The token’s rise and the possible retest of $1.20 align with a breakout from a symmetrical triangle pattern on the 4-hour chart.
If bulls close above the triangle’s resistance line and re-test the previous $1.215 level, it could indicate a shift from bearish momentum to bullish continuation.
Aster price chart according to TradingView
Momentum indicators such as the RSI and Chaikin Money Flow add support to this view, with the RSI above 62 and likely to push higher.
The CMF points to steady capital inflows and suggests an accumulation phase that could drive Aster toward higher resistance levels.
If the $1.20 barrier is cleared, technical projections indicate potential short-term targets between $1.25 and $1.50.
Bullish plans depend on continued market support.
However, if broader weakness returns, bears could regain control.
The coming days will be critical to determine whether the token can sustain bullish momentum above $1.20. In a negative reversal, prices could fall back to immediate supports near $1.08 and $0.96.