Aster Price Vulnerable To Crash Below $1 After Falling 15% in 24 Hours
Aster's price teeters on the brink of a significant downturn, with a 15% drop in the past day threatening to push it below the critical $1.00 psychological threshold. Bearish momentum dominates as the Relative Strength Index (RSI) remains entrenched below the neutral 50 mark, signaling persistent selling pressure.
Historical patterns suggest a potential reversal if the RSI dips into oversold territory below 30, often a precursor to bullish reversals. Yet, the Chaikin Money FLOW (CMF) paints a grim picture, with deepening negative values reflecting sustained capital outflows and eroding investor confidence.
Without an influx of fresh liquidity, Aster faces mounting challenges in stabilizing its price. The altcoin's survival hinges on a swift momentum shift, as current trends point toward prolonged downward pressure.
