ASTR (ASTER) Price Surges 53% in 3 Days Amid Bullish Breakout, But $44M Token Unlock Looms

5 hour ago 3 sources neutral

Key takeaways:

  • ASTR's breakout faces a critical test at $0.656 resistance, with the upcoming $44M token unlock likely capping near-term gains.
  • The rally's sustainability is questionable as RSI nears overbought levels, suggesting a pullback to $0.59 support is probable.
  • Long-term bullish targets near $1.00 are contingent on the asset absorbing the February supply increase without significant selling pressure.

ASTR (ASTER) has experienced a dramatic 53.85% price surge in just three days, bouncing from a low of $0.403 to trade near $0.635. This rally followed a decisive daily breakout that pushed the asset above key resistance levels, signaling a potential shift from consolidation into a sustained bullish trend for 2026.

The breakout was confirmed by ASTER closing a daily session with a gain of over 12%, one of its most substantial moves recently. Technical indicators show the price trading well above the 20-day Simple Moving Average (SMA), with widening Bollinger Bands indicating increased volatility. Market sentiment has flipped strongly bullish, with the breakout candle's strength suggesting genuine accumulation.

However, significant threats challenge this optimistic outlook. The 1-day chart structure retains a bearish bias from a mid-January breakdown, with key overhead resistances identified at $0.656 and $0.725. Furthermore, a major token unlock is scheduled for February 17, 2026, where 78.11 million ASTER tokens (worth approximately $44.49 million) will be released. While these tokens need not be sold immediately, the unlock dilutes existing supply and, combined with current market sentiment, adds credibility to a potential wave of selling pressure later in February.

Analysts note that the Relative Strength Index (RSI) is at 51.80 and approaching overbought levels, suggesting a short-term consolidation or pullback is likely before any further price surge. Immediate support lies in the $0.59–$0.60 range, with resistance near the psychological $0.70 level. Some traders are eyeing a move towards $0.73-$0.74 to hunt liquidity, after which a bearish reaction could see prices target downsides of $0.53, $0.46, and eventually fill the wick down to $0.405.

Long-term price predictions for ASTER remain positive, with a table forecasting an average price of $0.635 in 2026, rising to a potential maximum of $1.10 by 2030. The $1.00 milestone is cited as a realistic long-term target if support levels hold and bullish momentum continues, though the immediate path is clouded by technical exhaustion and the impending token supply unlock.

Previously on the topic:
Feb 3, 2026, 12:41 p.m.
ASTER Token Hits All-Time Low Despite Strategic Buyback Program Launch
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