$ASTER is showing signs of a technical recovery today, Tuesday, February 3, 2026. After a rough start to the year, the coin has bounced back from recent five-month lows, though it remains in a broader bearish trend compared to its 2025 peaks.
Price & Market Status (Feb 3, 2026)
Current Price: Approximately $0.59 (trading between $0.55 and $0.62 across major exchanges like Bybit, Kraken, and Binance).
24h Change: Up roughly +6% to +8%, a significant daily bounce.
Context: Despite today's gains, the coin is down about 12% over the last week and 23% over the last month, reflecting heavy recent selling pressure.
Key Drivers Behind Today's Movement
Strategic Buybacks: AsterDex recently activated its Strategic Reserve Buyback Fund. In the last 24 hours alone, the team repurchased roughly 2.9 million ASTER ($1.6M). This has provided much-needed psychological support and helped absorb some of the selling pressure.
Oversold Bounce: On a technical level, the Relative Strength Index (RSI) hit "oversold" territory late last week ($0.50 range). Today's move is largely seen as a "relief rally" as bargain hunters step in to defend the $0.52 support level.
What to Watch Next
Resistance at $0.61–$0.64: Analysts suggest ASTER needs to close above the 7-day SMA ($0.61) and the 20-day EMA ($0.64) to signal a true trend reversal.
Upcoming Milestones: The market is eyeing the Aster Chain L1 Mainnet launch (slated for Q1 2026) as the next major fundamental catalyst.
Whale Activity: High-profile accumulation (including rumored backing from figures like CZ) is battling against a steady stream of monthly token unlocks.
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