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- ASTRA defends key support at 0.7463 WETH, with traders watching for a breakout above $0.9900 to confirm bullish momentum.
- Astra Pay’s upcoming launch could drive adoption, boosting ASTRA demand as businesses gain crypto payment flexibility.
- A breakout above 0.9900 WETH may trigger a surge toward $1.8648, with momentum potentially pushing the price to 4.0 WETH.
ASTRA is showing signs of a solid bottom formation after an extended correction period. The price is approaching a key breakout level, with technical and fundamental catalysts driving market expectations.
Key Support Levels and Price Structure
ASTRA has been trading within a well-defined range following a sharp rally earlier in 2024. The price surged before peaking above 6.0 WETH, followed by a substantial decline that led to a prolonged consolidation phase.
A notable support zone has emerged around $0.7463, which has repeatedly acted as a foundation for price rebounds. Resistance near 0.9900 has been tested multiple times, making it a critical level for a potential breakout.
According to market analyst Kong Trading, the crypto last formed a descending triangle pattern that broke but lacked the momentum of the fall. The analyst provided more insight into the issue, stating that the buyers supported the level of $0.7463, leading to sideways consolidation.
Source: Kong Trading
He also pointed out that the falling wedge pattern seen in early 2025 signaled bullish reversal potential. The breakout attempt was unable to sustain itself above $0.9900, and there was a retracement to the support zone.
A confirmed break above $0.9900 should trigger an increase to 1.8648 WETH. The scenario assumes that further upside momentum would push the price to levels of 4.0 and 5.0 WETH if resistance is broken. Alternatively, non-breakthrough $0.9900 could result in continued consolidation or retest of lower support.
Fundamental Developments and Market Sentiment
The industry is keeping a close eye on ASTRA’s planned Astra Pay release, which could have long-lasting implications for its usage and value. The payment platform will allow merchants and companies to accept cryptocurrencies, such as ASTRA, without requiring KYC.
Crypto Hogwarts provided a comparative review, pointing out that the crypto is testing an uptrendline support at 0.071 WETH. The analyst added that a breakout above 0.074 WETH would trigger a stampede to 1.0 WETH and beyond. He observed that Astra Pay’s launch is a key catalyst, having the potential to drive high market interest and trading volume.
Source: Crypto Hogwarts
The short-term trend remains undefined, with technicals and fundamentals dictating the next directional price movements. The traders are observing key levels closely as the market reacts to news on ASTRA’s expansion of its ecosystem.
