On 10 February 2026, Aster (ASTER), a DEX tool, garnered significant attention from crypto enthusiasts after gains of over 9% in less than 24 hours. Thanks to its latest upside, market sentiment appeared to be shifting too at press time.
This was reflected in traders’ bullish bets, rising trading volume, Open Interest (OI), and bullish price action.
At the time of writing, ASTER was trading at $0.6551, with its trading volume soaring by 10.11% to $242.65 million too. A hike in trading volume alongside the price is evidence that market participants could be actively following the prevailing trend.
ASTER price action and predictions
On the 4-hour chart, ASTER’s market sentiment appeared to have turned bullish after it broke out of a descending trendline it had been facing since 05 January.
In fact, the chart revealed that the altcoin recorded nearly four reversals after hitting the trendline. Today’s upside move and breakout above the prolonged trendline, however, have opened the door for further gains.
If ASTER successfully closes a four-hour candle above the $0.65-level, it could see a price jump of around 25% and may reach the $0.83-level in the coming days. However, if market sentiment shifts and the price fails to close a four-hour candle above the trendline, there is a high probability that ASTER could repeat its previous pattern with another price reversal.
On the charts, the Average Directional Index (ADX), an indicator that measures trend strength, had reached 26.73, above the key threshold of 25. It alluded to an asset with a strong directional trend.
In addition to the price action and technical analysis, a well-followed crypto expert shared a bullish prediction about ASTER too. According to the analyst, it has strong potential to gain by over 130% in the coming days.
The analyst went on to suggest that ASTER might just be retesting a falling wedge breakout on the daily charts too.
Anything supplementing ASTER’s bullish outlook?
According to Coinglass, intraday traders are closely following the prevailing trend too.
In fact, traders have been heavily betting around $0.592 on the lower side and $0.665 on the upper side. At press time, these two levels were acting as strong support and resistances for the crypto.
Additionally, traders at these levels built $7.16 million worth of long-leveraged positions and $552.12k in short-leveraged positions – A sign of strong directional conviction.
This growing bullish bias can be further reflected in Open Interest (OI), with the same jumping by 6.01% to $319.06 million.
Alongside this hike in OI, DEX volume increased too, pointing to higher trader participation and strengthening momentum behind ASTER’s price move.
Final Thoughts
- Aster (ASTER) defied the broader crypto market with a 9.25% price uptick.
- If ASTER successfully closes a four-hour candle above the $0.65 -evel, it could see another price jump of around 25%.
