$ASTER
Based on the market data for Aster (ASTER), here is a short analysis and the requested candle chart.
Aster (ASTER) Price Chart
The chart below illustrates the price movement of Aster (ASTER) from January 15 to January 19, 2026.
Chart Analysis:
Trend: The price demonstrates a clear short-term bearish trend.
Selling Pressure: The red candles (particularly on Jan 19) indicate strong selling pressure, where the closing price was significantly lower than the opening price.
Volatility: The long wick on the downside for Jan 19 (reaching a low of ~$0.56) suggests high volatility and a test of lower support levels before a slight recovery to close at ~$0.63.
Aster Coin Analysis
1. Identity & Distinction
It is important to distinguish Aster (ASTER) from Astar Network (ASTR).
ASTER (Aster Token): Currently trading in the $0.60 – $0.63 range. It is the native utility token for the Aster decentralized exchange (DEX) and Layer 1 blockchain ecosystem.
ASTR (Astar): A different project (Polkadot parachain) trading at a much lower price point (~$0.01).
2. Market Performance
Current Sentiment: Bearish. The token has experienced a sharp decline of roughly 12-15% over the past week.
Key Levels:
Resistance: The $0.72 level acted as a consolidation zone recently but has now turned into resistance.
Support: The recent drop tested a low of $0.56, which now serves as the immediate critical support level. Holding above $0.62 is crucial for any short-term stabilization.
Technical Indicators: Recent trading shows the price breaking below key moving averages, signaling a downtrend. However, some momentum indicators (like RSI) may be approaching oversold territory, which could precede a consolidation or minor relief bounce.
3. Fundamental Drivers
Aster is a DEX with Simple (1001x leverage) and Pro (order-book) modes; its value depends on adoption, and the recent drop likely reflects market weakness or profit-taking.
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