ASTER breaks through the wedge pattern, on-chain data signals a bullish outlook

ZkSnarker · 2026-01-15T07:20:11+00:00

Recently, ASTER coin has attracted industry attention, with a 10% increase followed by a 5% correction. On-chain data performs well, with large holders continuously net inflowing, and weekly exchange outflows of $3.1 million indicating holder accumulation. The number of holding wallets has increased to 206,630, with a market cap of $1.94 billion. The technical chart has broken out of a descending wedge; if the breakout point holds, the target could reach $1, representing approximately a 120% increase.

ZkSnarker

2026-01-15 07:20:11

Abstract generation in progress

【Crypto World】ASTER’s recent performance is indeed worth paying attention to. Driven by increased industry interest and collaboration with leading exchanges, this coin has risen from its lows, with a single-day increase of 10%, followed by a 5% correction. Overall, it remains steady amid the recovery trend.

From on-chain data, Nansen AI has detected several bullish signs. Large wallet addresses continue to see net inflows, with single transactions exceeding $70,000, and new funds entering totaling up to $685,000. Interestingly, over the past week, exchange outflows exceeded $3.1 million—indicating holders are accumulating rather than selling.

Community activity is also picking up. Since January, ASTER’s holding wallets have expanded from 200,000 to 206,630, with a market cap reaching approximately $1.94 billion.

Technical signals are more straightforward—ASTER has successfully broken through the previous descending wedge pattern, with the OBV indicator reaching $200 million, and the CMF turning positive. Based on this trend, if the breakout level holds without retreating, the next target price is set at $1, with an upside potential of about 120%.

ASTER-4,68%

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HeartCallsForObjects

· 8h ago

Add more positions and hold

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PortfolioAlert

· 9h ago

Whales are buying, buying, buying. This wave actually looks quite interesting. --- $3.1 million outflow from exchanges? This really means it's time to stock up. --- For a wedge breakout signal, I just want to know how high it can go. --- 20,000 to 20.663 million wallets, not much of a increase, a bit heartbreaking. --- A single transaction of $70,000, who has such idle money? --- A 5% correction and it's back up? The market is so sluggish. --- This data looks good, but I'm just worried about another fake breakout. --- Wait, are we about to be harvested again by the exchanges? --- On-chain data speaks well, but I really don't dare to go all in. --- A market cap of 1.94 billion, what kind of concept is that at this level? Feels like there's still room to pump.

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YieldChaser

· 9h ago

Wow, the big players are really quietly accumulating. The data showing $3.1 million outflow from exchanges is quite interesting. Holders not selling just shows confidence. Is this wedge breakout really legit? The detail that there are 206,630 wallets... is a bit professional. Indeed, accumulation is happening. Wait, the new entry of 685,000—does the proportion still depend on the subsequent trend? Breaking the wedge is just breaking the wedge, right? The key is whether it can hold steady or if it's another false breakout. A single large inflow of $70,000 by big players—this buying power is indeed different. With a market cap of $1.94 billion, whether it can rally depends on future exchange cooperation actions. Accumulation vs. selling—this logic makes sense, but don't forget it could also be withdrawals to cold wallets. On-chain data looks good, but I'm worried the technicals might not keep up. Can ASTER continue this wave? Ultimately, it depends on whether the big players will keep buying.

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rekt_but_resilient

· 9h ago

Large investors are accumulating, while exchanges are selling. This rhythm is quite intense, it feels like it's about to take off. --- $3.1 million outflow, holders just won't let go. Just for this reason, I am optimistic. --- Wedge breakout + on-chain net inflow, this combo has some potential, worth paying attention to. --- From 200,000 to 206,300 wallets, the increase isn't big but stability is there. Not bad. --- 10% increase, then a 5% correction. This round of shakeout was quite effective, indicating genuine demand. --- 68,500 new funds entering sounds quite scary, just worried it might be another scythe-style reversal. --- On-chain data is indeed positive, but we still need to see if it can hold the $1.94 billion market cap line. --- $70,000 single large inflow, is this a bottoming process or has confidence truly returned? --- Break out of the wedge and take action, not waiting for OBV? You’ve got some guts, buddy.

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SatoshiHeir

· 9h ago

It should be pointed out that the net inflow data of this wave of large investors essentially reflects the market psychology transitioning from panic to consensus—according to on-chain data, the $3.1 million outflow from exchanges indeed constitutes the first pillar of a bullish argument. But I have to say, relying solely on wedge breakouts or other technical patterns to justify a reversal is too superficial. Historical literature has long disproved such pure technicism... Let's return to the core of the white paper; fund flows are the ultimate reflection of value consensus. Undoubtedly, the expansion of 206,630 holding wallets does reveal some signals, but don't be fooled by the 5% retracement. Such volatility is quite common during the recovery phase of a bear market.

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EyeOfTheTokenStorm

· 9h ago

According to my quantitative model, this breakout from the wedge pattern is indeed interesting— the exchange outflow of $3.1 million is worth noting, indicating that the main players are controlling the market. But everyone shouldn't be fooled by the short-term gains; we still need to see if it can hold steady above the breakout level.

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