Aster’s price outlook turns bullish as buybacks resume

Aster price is building a clear bullish reversal as the Phase 4 buyback begins ahead of schedule and traders return with stronger volume.

Aster was trading at $0.984 at the time of writing, down 1.8% on the day, with a weekly range between $0.9007 and $1.18. The token is down about 15% over the past week and about 59% below its all-time high of $2.41 on September 24.

Trading volume rose sharply to $556 million, an increase of 62%. MintGlass facts shows that Aster (ASTER) derivatives volume rose 31% to $1.27 billion, while open interest rose 3.6%. This mix shows that more traders are increasing their exposure during a volatile period.

The Aster Stage 4 buyback begins

In a December 2 post on X, Aster announced that it had activated the Phase 4 buyback eight days ahead of schedule. The team said the early rollout will “support holders during volatile market conditions,” and the program immediately went live on-chain.

The structure reflects earlier phases. Protocol fees continue to drive buybacks, and depending on volume, burn allocation could reach half of all tokens purchased. Aster has already repurchased 155.72 million ASTER in previous phases, including 55.72 million from Phase 3 alone, and 77.8 million is scheduled for incineration on December 5.

Community members described the early start as a show of commitment, with one owner saying the move “proves the team is committed to real value, not empty promises.”

During peak volume periods, the buyback engine has previously absorbed more than $2 million per day, helping to reduce circulating supply while supporting liquidity incentives and future airdrop plans.

Technical analysis of the Aster price

Aster’s chart shows a clear shift after a difficult end to November. A sharp decline pushed the token towards the $0.92-0.94 area, where buyers entered on higher volume. Price then broke out of a short-term bearish structure on December 1 and has been on a slight upward path since then.

The first signs of recovery can be seen in the momentum indicators. The relative strength index has formed a clear bullish divergence. When the price made a lower low, the RSI set a higher low, a pattern that often marks a bullish trend change.

The stochastic RSI and commodity channel index also moved higher from oversold territory, showing stronger short-term momentum. Although the gap between the lines is closing, the MACD is still negative and the ADX is close to 20, indicating that the trend is still developing and has not yet fully formed.

The majority of short-term moving averages, such as the 10MA and 20MA, are still above the current price despite these gains. That leaves $1.00 as the key test for bulls.

A strong daily close above this area would mark the first clear recovery of local resistance and open space towards the $1.06–1.14 zone, where previous slump levels were located. A move through that range would complete the rebound pattern that began on December 1.

The downward pressure could return if the price falls below $0.95, which could pull the price back to $0.92 and possibly to the $0.88-0.90 zone if market sentiment weakens.