Aster Price Prediction: Top Traders Go Long Despite Dip, Bullish Reversal Next?

Crypto prices are in the red once again on Wednesday, and Aster is among the worst-hit assets. 

In fact, ASTER has posted the worst loss of any top 100 cryptocurrency on CoinMarketCap, down nearly 15% over the past 24 hours. However, top traders are now flipping bullish on the new DEX coin. 

Prominent crypto trader and influencer, TraderSZ, has confirmed opening a swing long position on ASTER, targeting $2.50, $3.00, and $3.50 on the upside. He noted that he is allowing for near-term downside volatility, with a stop-loss placed at $0.99 to manage risk.

Technical analysis further suggests that a bottom is near. However, sidelined investors should wait for successful retests at key S/R levels before buying. 

Aster Price Prediction: Why Are Traders Going Long On ASTER?

TraderSZ’s Aster price prediction has revealed $2.50, $3 and $3.50 as potential targets. However, he isn’t the only prominent trader who has flipped bullish on the token. 

Yazan has closed his ASTER short and opened a leveraged long instead. Meanwhile, Onchain Lens flagged a $7.65 million spot buy on Binance. 

Aster futures data from Coinglass further confirms the bullish sentiment. On Binance, the Top Trader Long/Short ratio for ASTER/USDT stands at 2.80, indicating that elite traders currently hold nearly three times more long positions than shorts, a clear sign of bullish sentiment among professional accounts.

Legendary trader Bluntz comprehensively explains why he is optimistic about Aster, both in the short and long term. He signals that it has completed a clean ABC correction and wicked perfectly into the 0.618 Fibonacci retracement level.

In Elliott Wave theory, an ABC correction marks the end of a pullback within a broader bullish trend; the “C” wave often ends near the 0.618 Fib level, where buyers typically re-enter. A reaction from this zone signals that the corrective phase might be over and a new impulsive rally could soon begin.

Simply put, Bluntz is suggesting that ASTER’s recent dip was a textbook correction rather than a trend reversal, a setup that often precedes the next leg up in a bull cycle.

The ASTER 4-hour chart shows the formation of an M-shaped structure, which could soon evolve into a double bottom pattern, a classic bullish reversal signal. If the price retests the $1.15 zone and holds, it may confirm the double bottom, indicating a potential rebound.

On the flip side, a clean flip of the $1.32 resistance (marked in yellow) would also act as a fresh buy confirmation, suggesting that bulls are regaining control and could drive the next leg up toward the $1.60–$1.80 range.

Could Best Wallet Token Be the Next 10x Crypto?

Following Aster and Hyperliquid’s success, even new DEX projects are in high demand. 

Best Wallet, a new multi-chain, anonymous and no-KYC crypto wallet, is going viral, recording a 630% MoM growth rate in app installations. In fact, it aims to capture 40% of the $11 billion non-custodial wallet market by 2026. 

Best Wallet allows users to buy, sell, store, deposit and swap crypto assets at the lowest possible costs, thanks to its integration with cutting-edge tools like OnRamper and Rubic. 

However, it goes well beyond the traditional wallet capabilities, featuring cutting-edge functionalities that make it a true all-in-one crypto hub. 

For instance, its presale aggregator is already highly popular among users. Labelled as “Upcoming Tokens” within the app, it allows users to invest in trendy presale coins and new cryptos without leaving the app. 

Best Wallet will soon unveil in-app derivatives and futures trading, crypto news feed, debit card, staking aggregator, advanced anti-fraud protection and gas optimization. 

Unsurprisingly, its native token, BEST, is being viewed by experts as one of the best utility coins to invest in today. It has already raised nearly $17 million in presale funding, with smart money investors among its early buyers. 

Many among them are now calling Best Wallet Token the next 10x crypto.