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ASTER Price is 80% Below ATH as Accumulation Builds Near $0.50

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TLDR:

  • ASTER trades near $0.50, almost 80% below its all-time high within a defined descending channel. 
  • MACD compression and RSI stability show weakening selling pressure and controlled price behavior. 
  • The $0.35–$0.50 zone attracts long-term positioning as volatility remains low and structure holds. 
  • A close above $0.72 could confirm a shift from accumulation into a new expansion phase.

 

ASTER currently trades around $0.49, down over 80% from its all-time high near $2.42. Price is showing a developing accumulation phase within the descending channel. 

Indicators are suggesting that selling pressure is fading. Traders are monitoring for a close above resistance to confirm a potential structural shift. 

Price Structure and Accumulation Zone

ASTER trades near $0.50 after declining from its all-time high of $2.43. This level places the asset close to 80% below peak value. 

Price has continued to respect both channel resistance and channel support, showing controlled movement rather than disorderly selling. A crypto market analyst reported that this pattern reflects a transition from distribution into accumulation.

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Market participants’ attention is on the accumulation range between $0.35 and $0.50. This zone aligns with historical demand and the lower boundary of the channel. 

Traders are aware of downside risk within this range but are still maintaining exposure to long-term upside. The structure favors laddered entries instead of single large positions.

Volatility remains compressed, which reduces emotional trading behavior and supports gradual positioning.

Attention remains fixed on the $0.72 resistance level as the main structural trigger. A close above this area would break the descending channel from resistance to support. 

Such a move would signal the end of accumulation and the start of expansion. This would likely attract capital that waits for confirmed structural reversals.

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Indicator Signals and Long-Term Price Framework

ASTER price continues hovering near $0.56 after several weeks of sideways movement. Such compression usually appears after extended bearish momentum has weakened. 

A market observer stated that slow price action often marks late-stage weakness rather than renewed selling cycles.

The MACD remains below the zero line, confirming that the broader trend has not turned bullish. However, the histogram has flattened, and the signal lines remain tightly compressed.

This configuration shows that selling strength is declining instead of increasing. RSI trades between 38 and 40 and forms higher lows while the price remains flat. 

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Technical analysts have described this pattern as controlled weakness combined with gradual absorption of supply.

Long-term resistance levels provide a roadmap for future price movement. The first resistance zone stands near $1.38, followed by a potential all-time high retest around $2.41.

Extended targets near $5 and $10 correspond with macro expansion phases if structure shifts upward. ASTER long-term accumulation now depends on patience, defined support, and confirmation above $0.72. 

Current market conditions favor positioning during compression rather than chasing momentum during expansion.

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Crypto World

Oil Rose 3% to Open the Week: Here’s What Moved the Market on Monday

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Oil prices jumped more than 3% on Monday, pushing Brent crude above $116 a barrel. West Texas Intermediate (WTI), the US benchmark, climbed to roughly $102 per barrel.

The latest rise comes as the US-Israel war on Iran entered its fifth week with no signs of abating.

Oil Extends Its War-Fueled Rally 

Several escalatory developments over the weekend fueled the surge. President Donald Trump told the Financial Times he could possibly seize Kharg Island, the terminal that handles roughly 90% of Iran’s crude exports.

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The US president struck a mixed tone on diplomacy with Iran, saying he was “pretty sure” of making a deal with Iran but conceding that talks could still collapse.

Meanwhile, Iran’s parliament speaker warned that Tehran would “set them on fire” when American forces arrived and promised consequences for US-allied nations in the region. 

The oil price surge is far from over, according to market analysts, who warn that the prolonged closure of the Strait of Hormuz could drive crude even higher.

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“A scenario in which the Strait remains closed for an additional month would be consistent with oil prices rising towards $150/bbl and constraints on industrial consumers of energy supply,” Bruce Kasman, global head of economics at JPMorgan, said.

According to Bloomberg, US officials and Wall Street analysts have also begun discussing the possibility of crude reaching $200 per barrel.

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Asian Stocks Tumble, Crypto Feels the Pressure

The energy shock rippled across Asia. Google Finance data showed that Japan’s Nikkei 225 fell over 4.5%, while South Korea’s KOSPI dropped more than 4.3% as import-dependent economies repriced risk.

The volatility has spread to crypto markets, with asset prices dipping early in the morning before rebounding. 

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“The market briefly crashed just now — ETH dropped below $1,940 and BTC fell below $65,000,” Lookonchain reported.

Oil above $100 per barrel continues to pressure risk assets by fueling inflation expectations and delaying anticipated Federal Reserve rate cuts.

The post Oil Rose 3% to Open the Week: Here’s What Moved the Market on Monday appeared first on BeInCrypto.

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Lido DAO Mulls $20M LDO Buyback to Boost Token Price

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Lido DAO Mulls $20M LDO Buyback to Boost Token Price

Lido’s decentralized autonomous organization is considering a one-off $20 million buyback of its governance token to address so-called price dislocation, which is at “historically depressed levels” relative to Ether, according to the DAO. 

The proposal, submitted Friday, seeks permission to swap 10,000 Lido Staked Ether (stETH) tokens, currently worth $20 million from the DAO’s treasury for Lido DAO (LDO), arguing that LDO is undervalued.

“This is not a routine fluctuation. It represents one of the most significant dislocations between LDO’s market price and its underlying protocol fundamentals in the token’s history.”

A token buyback of this size could boost the price of the token, which has fallen roughly 96% from its all-time high. In November, a Lido DAO member pitched an automated buyback mechanism for LDO to improve the token’s price. However, that proposal hasn’t been implemented.

LDO’s change in price relative to ETH since 2024. Source: Lido DAO

Lido DAO pointed out that LDO is trading at a steep discount to Ether (ETH) at a ratio of 0.00016, roughly 63% below its two-year median.

This is despite the protocol holding the top spot of the Ethereum liquid staking market, with a 23.2% share of staked Ether, according to Dune Analytics data. The protocol’s dominance has even been flagged as a centralization risk to the network in previous years.

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Share of Ethereum network validators. Source: Dune Analytics

Related: Ethereum builders propose ‘economic zone’ to tackle L2 fragmentation 

LDO is currently trading at $0.30, down 95.9% from its $7.30 high set in August 2021, according to CoinGecko data. LDO’s $255 million market cap makes it the 141st largest token by value at the time of writing.

“That dislocation is not justified by a proportional deterioration in protocol performance,” Lido DAO said. 

Lido DAO proposes buying stETH in batches

Lido DAO proposed buying up to 10,000 stETH in smaller batches of 1,000 to buy LDO. 

Lido DAO said it would use limit orders or adopt a dollar-cost averaging strategy to avoid market volatility. 

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