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Is Aster (ASTER) Poised for a Breakout? Key Bullish Pattern Formation Suggests So!
Date: Sun, Nov 16, 2025 | 05:10 AM GMT The broader altcoin market is showing some weekend relief after the sharp sell-off earlier this week that dragged Ethereum (ETH) down to $3069 before recovering back toward the $3200 region. Following this recovery, Aster (ASTER) has also turned green with modest gains, but what truly stands out is its technical structure. The latest chart suggests that a key bullish pattern is developing—one that could potentially trigger a breakout in the coming sessions.
Source: Coinmarketcap Diamond Pattern in Play On the daily chart, $ASTER appears to be consolidating within a diamond pattern, a formation known for signaling bullish reversals when it appears after a downtrend. Since late October, the price has been making a shift between higher highs and lower lows inside this structure, eventually falling to a bottom around $0.8170 before staging a strong rebound. This recovery has now lifted ASTER to the $1.16 zone, placing it just beneath the descending trendline of the pattern. The tightening structure is indicating growing buyer strength and compressing volatility—both early signs that a breakout attempt could be approaching.
Aster (ASTER) Daily Chart/Coinsprobe (Source: Tradingview) What’s Next for ASTER? Price action is currently hovering just below the descending trendline, with the narrowing range suggesting that a decisive move may take place from the current candle. Still, a minor dip toward the $1.07 support cannot be ruled out before another breakout attempt begins. If buyers manage to push ASTER above the descending trendline, the next major confirmation would be a reclaim of the 50 MA at $1.3173. Securing this level would solidify bullish momentum and open the pathway toward the breakout target of $1.6179, representing an impressive 38% upside potential from current price levels. However, confirmation remains key. Without a clear breakout and sustained close above the trendline, ASTER may continue to contract within the diamond pattern before showing its next directional move. Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.