{"id":61289,"date":"2025-10-17T10:15:15","date_gmt":"2025-10-17T10:15:15","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/aster-price-tanks-20-as-sell-off-pressure-hits-altcoins\/"},"modified":"2025-10-17T10:15:15","modified_gmt":"2025-10-17T10:15:15","slug":"aster-price-tanks-20-as-sell-off-pressure-hits-altcoins","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/aster-price-tanks-20-as-sell-off-pressure-hits-altcoins\/","title":{"rendered":"Aster price tanks 20% as sell-off pressure hits altcoins"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/aster-price-bearish-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/aster-price-bearish-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/aster-price-bearish-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/aster-price-bearish-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li><span style=\"font-weight: 400;\">Aster price fell 20% to near $1 as sell-off pressure hit altcoins<\/span><\/li>\n<li>The altcoin touched its all-time high of $2.42 in September, but has declined amid broader selling.<\/li>\n<li>Altcoins are dumping as Bitcoin slips to under $106,000.<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Aster (ASTER)\u2019s parabolic gains in recent weeks are quickly fading in the rearview mirror as cryptocurrencies plummet.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The decentralized exchange\u2019s governance token fell nearly 20% to inch closer to the $1 support level, with bulls succumbing to broader sell-off dynamics. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Aster has erased significant gains, and broader risks could see bears take control.<\/span><\/p>\n<h2>Aster price extends decline amid 20% dip<\/h2>\n<p><span style=\"font-weight: 400;\">With crypto in red early Friday, Aster\u2019s price plunged\u00a0 20% to hit lows of $1.08 across major exchanges and trading platforms.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Having changed hands above $1.36, the double-digit declines over the past 24 hours meant ASTER ranked among the top losers alongside Zcash, Mantle, SPX6900 and Morpho.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Aster\u2019s sharp downturn extends a multi-day decline since bulls failed to hold onto gains near $1.60. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The token had surged to the mark after bouncing off lows seen during the crypto crash on October 10.<\/span><\/p>\n<p>In the past week, Aster\u2019s price has fallen more than 32%, as profit-taking and broader macroeconomic pressures weighed on sentiment.<\/p>\n<p>The next-generation decentralized perpetuals and spot exchange, built on the BNB Chain, had previously drawn significant attention from investors and traders alike.<\/p>\n<p>Aster\u2019s rapid rise had been bolstered by recent listings on major platforms such as Robinhood and Binance, which helped fuel earlier momentum.<\/p>\n<p><span style=\"font-weight: 400;\">However, the euphoria looks to be dissipating as sell-off pressure across cryptocurrencies mounts.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bitcoin <a href=\"https:\/\/coinjournal.net\/news\/crypto-market-update-bitcoin-dips-below-106k-eth-xrp-sol-risk-key-levels\/\">dipped below $105,000<\/a>\u00a0 early Friday. As bears touched lows of $104,597 after a 4% drop in the last 24 hours, top altcoins plummeted.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Ethereum, Solana and XRP all dipped to or below key support levels, intensifying the bloodbath.<\/span><\/p>\n<h2>What next as Aster revisits $1 level?<\/h2>\n<p><span style=\"font-weight: 400;\">Currently, Aster\u2019s price flirts with the $1 psychological threshold. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is a key level that bulls have to defend to avoid giving up further ground. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Prices, as the chart below shows, have recently consolidated above the critical mark.<\/span><\/p>\n<figure id=\"attachment_341813\" aria-describedby=\"caption-attachment-341813\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-341813\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/10\/ASTERUSDT_2025-10-17_12-01-42.png\" alt=\"\" width=\"1057\" height=\"571\"\/><figcaption id=\"caption-attachment-341813\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/ASTERUSDT\/\" target=\"_blank\" rel=\"noopener\">ASTER price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">However, the sharp decline and breakdown from a descending triangle pattern mean bulls are at risk of more pain. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The token\u2019s all-time high of $2.42 on September 24 is well off. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Nonetheless, technical indicators such as the Relative Strength Index (RSI) on the daily put ASTER in oversold territory. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">What this suggests is that exhausted selling could allow bulls to target a rebound.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Any downward pressure could nonetheless see the support at $1.00 collapse.<\/span><\/p>\n<article class=\"text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" tabindex=\"-1\" data-turn-id=\"request-68d540aa-6e24-8329-80a9-3d781531329e-4\" data-testid=\"conversation-turn-126\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] thread-sm:[--thread-content-margin:--spacing(6)] thread-lg:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:40rem] thread-lg:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\" tabindex=\"-1\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-1\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"1a083d91-361b-4874-95e7-31fb78c17927\" data-message-model-slug=\"gpt-5\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[1px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words dark markdown-new-styling\">\n<p data-start=\"0\" data-end=\"92\">Data from Coinglass shows a sharp decline in open interest for Aster, now at $477 million.<\/p>\n<p data-start=\"94\" data-end=\"346\">Bullish positions have borne the brunt of the correction, with long liquidations accounting for nearly 90% of total liquidations \u2014 more than $10 million out of $12 million in the past 24 hours.<\/p>\n<p data-start=\"94\" data-end=\"346\">Short positions made up just $1.73 million of the total.<\/p>\n<p data-start=\"348\" data-end=\"515\" data-is-last-node=\"\" data-is-only-node=\"\">For bulls, a decisive breakout above $1 remains critical to regain momentum.<\/p>\n<p data-start=\"348\" data-end=\"515\" data-is-last-node=\"\" data-is-only-node=\"\">Conversely, sustained selling pressure below $0.85 would likely hand control to the bears.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/aster-price-tanks-20-as-sell-off-pressure-hits-altcoins\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Aster price fell 20% to near $1 as sell-off pressure hit altcoins The altcoin touched its all-time high of $2.42 in September, but has declined amid broader selling. Altcoins are dumping as Bitcoin slips to under $106,000. Aster (ASTER)\u2019s parabolic gains [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":61290,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/61289"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=61289"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/61289\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/61290"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=61289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=61289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=61289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}