AST SpaceMobile stock price forecast: $74.84 support in focus as ASTS drops 6.08%

Traders Union
All News
Financial News
Ast SpaceMobile slips 6.08% after launch

Highlights

SpaceX launched three AST SpaceMobile BlueBird Block 2 satellites, expanding AST's operational constellation and network capacity for direct-to-smartphone connectivity.
This mission marks the company's first deployment since the BlueBird 7 technical setback in April, indicating resumed progress on its deployment schedule.
ASTS/USD trades under short- and medium-term technical pressure with high downside probability and an expected range of $74.84–$89.66 for the next few days.

Satellite launch boosts network capacity as execution resumes despite selloff

On June 17, 2026, SpaceX completed the launch of three AST SpaceMobile BlueBird Block 2 satellites—BlueBird 8, 9, and 10—from Cape Canaveral Space Force Station, marking a key expansion of AST SpaceMobile’s operational constellation and increasing its commercial network capacity. Each satellite is equipped with a 2,400 square foot communications array and is designed for direct-to-smartphone connectivity, with the potential to support peak data speeds up to 120 Mbps, advancing the company’s technological capabilities. The mission followed completion of full encapsulation and all pre-launch milestones, and represented AST SpaceMobile’s first deployment since the technical setback with BlueBird 7 in April, signaling resumed execution on its deployment roadmap, though price action has remained under broader selling pressure.

Downside pressure sustained as resistance forms amid lack of trend

ASTS traded below the MA-20 ($85.04) and MA-50 ($88.96) on the H1 timeframe, with the daily MA-200 anchored lower at $80.12. The technical landscape sets immediate resistance at the Ichimoku Kijun level of $89.80, while the expected technical support lies at $74.84. Momentum readings confirm intraday selling pressure: RSI registers 36.56, MACD signals Sell, and Bull/Bear Power (BBP) is Oversold. Stoch RSI is Oversold, CCI supports a Sell reading, while both ADX and Awesome Oscillator (AO) remain Neutral, reflecting downside pressure in the absence of a clear trend impulse.

Low upside probability as price risks further losses within range

The projected price range over the next 2–3 trading days is $74.84–$89.66, consistent with recent volatility bands. The probability of an upward move remains very low, while downside potential is high. Baseline expectations suggest further consolidation within this corridor; a bullish breakout would require a close above $89.80 resistance, whereas a drop below $74.84 support would signal further weakness.

Anton Kharitonov, expert at Traders Union, sees operational progress from the successful BlueBird Block 2 satellite launch, but notes that technical indicators remain clearly bearish. He believes downside risk outweighs the potential for a reversal, as major resistance at $89.80 caps any upside hopes for now. Technicals confirm heavy selling pressure, with price action holding below key moving averages. "Until we see a sustained close above $89.80, the base case is continued weakness and consolidation near support."

Previously it was reported that persistent selling pressure overshadowed technical signals for AST SpaceMobile, with analysts anticipating either stabilization or a possible rebound as the company prepared to expand its satellite constellation. The latest launch success adds operational momentum, but with momentum indicators still signaling weakness, traders should focus on the potential for a downside break below $74.84 as the key risk to monitor in the near term.

Source of Data: ASTS Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.