Aster Price Forecast: Another 40% Drop Possible Amid Fading BNB Memecoin Frenzy

Aster (ASTER) has plunged by more than 35% in the past two weeks, now holding above a key support area around $1.50.

Multiple news and data points raise the odds of further ASTER price declines in October. Let’s examine.

“End of BNB Memecoin” Season Traps Aster Bulls

ASTER’s decline coincides with growing turbulence across the BNB Chain ecosystem, where traders are reacting to what many describe as the end of the recent BNB memecoin season.

The turning point came after Binance founder Changpeng “CZ” Zhao was blamed for triggering the market cooldown, following a series of initiatives that once fueled—and now seemingly ended—the speculative frenzy.

CZ may rly be the GOAT.

Vamp HL with Aster

Start a meme szn and crime up coins

List the top BNB memes on Binance

Launch own launchpad on Binance Alpha

Binance liquidates all leverage on onchain meme perps

Force KYC for onboarding to launchpad

Pump coins on it

GG chinese

— Nico (@nicodotfun) October 9, 2025

Over the past few months, Binance has actively supported memecoin trading through programs such as Binance Wallet, Binance Alpha, and promotional campaigns that encouraged community-driven token creation.

These efforts pushed BNB to a new all-time high, briefly surpassing Tether’s USDT stablecoin to become the third-largest crypto asset, with a 72% gain year-to-date.

CZ’s influence also extended to platforms like Aster, which rose to prominence by offering highly leveraged futures and minimal KYC barriers, features that attracted aggressive traders seeking quick profits in the memecoin space.

However, after BNB’s peak, traders began locking in profits and withdrawing liquidity from riskier tokens.

Many now view CZ’s recent actions as a net negative for the memecoin sector, blaming his public commentary and policy shifts for fueling market volatility and triggering a sharp 50–90% crash in BNB-linked tokens.

Send CZ back to jail pic.twitter.com/pHrAizOlgK

— LilMoonLambo (@LilMoonLambo) October 9, 2025

Aster’s decline mirrors a broader rotation away from high-risk assets as speculative capital exits the BNB Chain ecosystem.

Descending Triangle Breakdown Raises 40% Correction Odds

ASTER has entered a critical phase after breaking down from its months-long descending triangle pattern, hinting that the token may face deeper losses in the short term.

The breakdown occurred as ASTER slipped below the lower trendline support near $1.72, confirming a bearish continuation pattern that often precedes significant declines.

According to Fibonacci retracement levels from the previous rally, Aster’s next downside target is near $0.94, aligning with the 0.618 Fib line—a zone where prices often stabilize before finding new demand.

It suggests a potential 35–40% further decline if bearish momentum continues.

However, bulls still have a chance to defend the key $1.50 support, which previously triggered a fakeout rebound in late September.

A strong bounce here could lift prices back toward $1.72, now flipped into resistance, and possibly $1.85, the 0.236 Fib level.

Unless ASTER reclaims its descending triangle’s upper boundary, the broader trend remains bearish, with downside pressure likely persisting toward $0.94 in the short term.