Aster token price holds steady near $1.70 support as USD inflows rise, with key confluences suggesting a potential bullish move toward $3 resistance.

The Aster (ASTER) recent price pullback has brought it to a structurally important support zone at $1.70, a region that has historically acted as a launch point for major bullish moves. The asset is trading within a higher time frame ascending channel, where each corrective phase has consistently led to the formation of a higher low before continuing.

As such, the current consolidation near $1.70 appears to be another healthy retracement within a broader bullish trend. Adding to market optimism, Aster’s CEO recently outlined plans for the upcoming chain launch, token buyback initiatives, and the project’s long-term vision, reinforcing confidence in its growth trajectory.

Aster token price key technical points

• Key Support: $1.70 region aligns with VWAP, the 0.618 Fibonacci retracement, and a structural higher low.
• USD Inflows Rising: Increasing USD inflows suggest sustained demand and growing market participation.
• Upside Target: Continuation above this level could trigger a rotation toward $3 resistance and beyond.

From a structural standpoint, the $1.70 support level represents a pivotal zone for Aster. This area coincides with multiple layers of confluence: the volume-weighted average price (VWAP), the 0.618 Fibonacci retracement of the previous leg higher, and the formation of a new

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Author: Aziz Zamani