Astar

Resistance

Million

View

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Astar price gained 1.58% in the past 24 hours and currently trades at $0.533.&nbsp;</a> </li> 
 <li> <span>2</span> <a>Astar price (ASTR) price took support from the lower boundary of the para;lel channel pattern formed.&nbsp;&nbsp;&nbsp;</a> </li> 
 <li> <span>3</span> <a>The daily chart shows that the ASTR price is recovering after breaking below the 50-day and 200-day EMA.&nbsp;&nbsp;</a> </li> 
</ul> 
<p>The Aster Crypto price took support from the recent demand zone after a short-term accumulation. Moreover, the price bounced back from the lower boundary of the bearish flag pattern. The bulls showed their presence near the lower levels. The ASTR price might gain more buying volume in the next few sessions and surge to the upper levels of $0.065 and $0.074.</p> 
<p>The price analysis of Astar crypto over the daily chart illustrates that the crypto price has been in an inclining trend since June 2023, when the price showed recovery after declining below the $0.04 level. The price recovered the decline and accumulated buying volume at the lower levels.&nbsp;</p> 
<p>Thereafter, ASTR price showed a breakout above the 50-day and 200-day EMA and surged higher, forming lower highs. The daily chart illustrates the formation of a bearish flag pattern and the price rolling between the upper and lower boundaries of the bearish flag.&nbsp;</p> 
<p><br>Also, the technical indicators imply that ASTR price trades below the 50-day and 200-day EMA, indicating weakness over the daily chart. The RSI and MACD are showing optimistic signs, which shows potential buying in crypto.&nbsp;</p> 
<h2 class="wp-block-heading" id="strong-astar-price-took-support-from-the-lower-boundary-of-the-bearish-flag-strong"><strong>Astar Price Took Support From The Lower Boundary Of The Bearish FLag </strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="456" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-647-1024x456.png" alt="Astar Price Analysis: Can ASTR Price Surge Above $0.05 Mark?" class="wp-image-170124" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-647-1024x456.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-647-300x134.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-647-768x342.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-647-1536x684.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-647-750x334.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-647-1140x508.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-647.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source: ASTR/USD By <a href="https://www.tradingview.com/x/E9ff22G1/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a> 
  </figcaption> 
 </figure> 
</div> 
<p>The Astar price currently trades at $0.053, with an intraday gain of 1.58%. The bulls have registered their presence near the lower boundary of the channel. The ASTR price might continue to surge until the upper supply levels are reached. The buyers are on the dominant side until the price is maintained in the channel.&nbsp;</p> 
<p>However, the breakdown of the channel may turn the trend towards the bearish side, and the price may decline sharply to the lower demand zones.<br><br>The volume analysis shows that Astar crypto has received $38.29 Million in volume in the past 24 hours, which is 450% more than the last day. The volume received in the last 24 hours is more than the average volume, which indicates bullishness and trend continuation.&nbsp;</p> 
<h3 class="wp-block-heading" id="strong-technical-indicators-imply-mixed-view-about-the-price-trend-strong"><strong>Technical Indicators Imply Mixed View About The Price Trend</strong></h3> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large"> 
  <img decoding="async" loading="lazy" width="1024" height="457" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-645-1024x457.png" alt="Astar Price Analysis: Can ASTR Price Surge Above $0.05 Mark?" class="wp-image-170119" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-645-1024x457.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-645-300x134.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-645-768x343.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-645-1536x685.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-645-750x335.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-645-1140x509.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-645.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px"> 
  <figcaption class="wp-element-caption">
    Source: ASTR/USD By <a href="https://www.tradingview.com/x/E9ff22G1/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a> 
  </figcaption> 
 </figure> 
</div> 
<p>MACD lines are showing a bullish crossover. The histogram bars are also being formed below the mean line of decreasing height indicating the bullishness in the crypto.&nbsp;</p> 
<p>The EMA analysis shows that the ASTR price slipped below the 50 and 200-day EMA indicating selling pressure. The buyers must surpass the 50 and 200-day EMA in order to surge the price higher.&nbsp;</p> 
<p>At the time of publishing, the RSI value of the ASTR token is 47.4 and that of the SMA line is 44.6. RSI shows that the bears are losing momentum and the price might show gains.&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p><a href="https://www.thecoinrepublic.com/2023/09/08/atom-crypto-price-forecast-buy-sell-or-hold-cosmos-in-2023/" target="_blank" rel="noopener noreferrer nofollow">Astar crypto</a> price bounced back from the lower boundary of a bearish flag pattern on the daily chart. The price has been in an uptrend since June 2023, recovering from a low of $0.04. The price may continue to rise until it reaches the upper levels of $0.065 and $0.074, supported by the RSI and MACD indicators. The volume analysis shows a 450% increase in the past 24 hours, indicating bullishness and trend continuation. However, a breakdown of the channel may lead to a sharp decline in the lower demand zones.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li><strong>Support levels:</strong> $0.048 and $0.041.</li> 
 <li><strong>Resistance levels:</strong> $0.061 and $0.065.</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;</p>

Astar Price Analysis: Can ASTR Price Surge Above $0.05 Mark?

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