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Analyst Calls 80% Spike for ASTER: Here’s What He Sees
Could ASTER really climb 80% soon? Analyst Captain Faibik thinks the chart says yes. His latest analysis points to a potential bullish reversal forming after weeks of steady decline. The setup looks simple but powerful, and the market now waits to see if the signal will confirm.
Since September, ASTER price has been moving inside a descending channel. Each attempt to rise has been stopped by the upper line, while the lower line has provided support. Price is now nearing the end of that structure, where decisions usually happen.
Captain Faibik believes that the narrowing pattern shows pressure building for a possible breakout. A move above resistance could shift the trend that has kept the token under pressure for weeks.
Aster Momentum Signals Suggesting A Turning Point
Momentum appears to be changing. The candles have become smaller, meaning sellers are losing control. Occasional volume bursts near the lower boundary also suggest buyers are testing strength again.
Captain Faibik sees this as early evidence that the market might be preparing for a reversal. If ASTER price manages to break above the descending line and hold there, it could open the door to the kind of sharp move that often follows long consolidations.
@CryptoFaibik / X
Captain Faibik’s 80% target comes from the measured move of the pattern. The height of the channel gives a rough idea of how far price could travel once it escapes. That projection would bring ASTER back toward levels seen before the September downturn.
The zone also aligns with previous areas of high trading activity, making it a logical technical target.
Aster Risks That Could Change The Setup
The same pattern that signals opportunity also carries risk. If ASTER fails to close above the upper boundary or falls back into the channel, the expected move could fade quickly. Captain Faibik often notes that false breakouts are common in narrowing formations. Traders usually wait for confirmation through higher-timeframe candles and rising volume before assuming a full trend reversal. Until that happens, price remains inside a zone of uncertainty.
Read Also: Expert Says LTC Is Close to Price Discovery – Here’s the Litecoin Price Target Analysts Are Eyeing
Captain Faibik’s focus now rests on three elements: breakout confirmation, increasing volume, and continuation strength. These will decide whether the 80% projection takes shape or not. For now, ASTER price trades just below resistance, building pressure with each small move. The next few sessions could define whether the token breaks free or continues to drift inside the same range.
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