Aster Unveils New Tokenomics Framework, ASTER Surges Over 20%
- Token Buyback Mechanism: Aster's announcement to allocate 99% of daily platform fees for ASTER buybacks is expected to significantly boost token demand and drive prices up, initially pushing it close to $0.80 before stabilizing at $0.74, marking a 13% increase over the previous day.
- Supply Reduction Strategy: The new framework introduces a daily removal of an equal amount of tokens from reserves, aiming to reduce total supply from 8 billion to 3 billion, creating a combined buyback-and-burn effect of 198%, which further enhances market confidence in the token.
- Innovative Reward Mechanism: Aster's Loyalty Rewards program will distribute tokens acquired through daily buybacks, with a fixed allocation of 300,000 ASTER per reward epoch, incentivizing users to hold veASTER for higher rewards and promoting long-term engagement.
- Positive Market Response: Market participants quickly reacted, driving ASTER above the resistance level of $0.65 towards $0.81, with technical indicators showing increased buying pressure; a successful breakout above this region could open up higher price levels not seen since late 2025.
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Technical Analysis for ASTER
Technical Sentiment Analysis for Aster (ASTER). As of , Aster (ASTER) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 4 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ASTER stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ASTER is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Aster (ASTER) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.358 | 0.479 | 0.561 | 0.682 | 0.764 | 0.885 | 0.967 |
| Fibonacci | 0.479 | 0.557 | 0.604 | 0.682 | 0.76 | 0.807 | 0.885 |
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