-9.26% for AST SpaceMobile stock as selling pressure holds price near support

-9.26% for AST SpaceMobile stock as selling pressure holds price near support
AST SpaceMobile drops 9.26% today

AST SpaceMobile (ASTS) stock is trading at $73.19 after a sharp daily decline of 9.26%. The share price currently sits below its key moving averages, indicating continued downward pressure in the short and long term.

ASTS price prediction
24H 0.57%
$73.61
48H -1.05%
$72.42
7D -1.52%
$72.08
1M -13.09%
$63.61
3M 51.62%
$110.97
6M 105.62%
$150.49
12M 93.71%
$141.78
Current price: $ 73.19 -7.4700 9.26%
Closed 06/22
Daily range 72.71 Arrow from to Icon 79.78
Weekly range 72.71 Arrow from to Icon 89.60
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Highlights

  • ASTS/USD remains under significant selling pressure, trading well below key short-, medium-, and long-term moving averages.
  • Bearish momentum is confirmed by weak MACD and RSI readings alongside oversold CCI and BBP indicators, although some oscillators appear neutral.
  • Price is projected to consolidate between $65.64 and $80.74 over the next few days, with a downside breakout indicating further bearish continuation.

Oversold signals and resistance zones amid persistent volatility

On the technical side, ASTS remains below the MA-20 at $79.3 and MA-50 at $84.21 on the working timeframe, with further weakness indicated by its position under the MA-200 at $80.6 on the daily chart. The Ichimoku Kijun level at $80.78 is acting as the nearest resistance. Both MACD and RSI (34.38, Sell) signal persistent negative momentum, while ADX is Neutral. Additionally, CCI and Bull/Bear Power (BBP) point to oversold conditions intraday. Stoch RSI and Awesome Oscillator currently reflect a neutral stance, while recent high volatility has coincided with the asset closing near today’s low following a downward gap.

AST SpaceMobile Inc. asset chart
AST SpaceMobile Inc. price dynamics. Source: TradingView.

Bearish continuation risk as recovery odds remain limited

In the short term, ASTS is expected to trade within a $65.64 – $80.74 volatility band. The probability of a move higher remains very low, while the likelihood of further downside is high, leaving a recovery scenario unlikely for now. Price stabilization within this range is the baseline scenario; a decisive move above $80.78 would trigger a bullish shift, whereas a drop below $65.64 would confirm a bearish continuation.

Anton Kharitonov, expert at Traders Union, sees persistent negative momentum in AST SpaceMobile as technical indicators remain firmly bearish. He believes the price is likely to stay pressured below key resistance at $80.78, with oversold signals not yet sufficient for a rebound. The analyst notes a breakdown below $65.64 would confirm bears remain in control. "The technical picture leaves recovery unlikely — my tactical outlook stays defensive until price decisively reclaims resistance levels above $80.78."

Earlier, analysts noted that persistent technical weakness in AST SpaceMobile shares continued to outweigh operational progress and revenue gains. The current price action reinforces this view, as continued downward pressure keeps downside risk elevated, making the $65.64 level a critical support to monitor for confirmation of further bearish momentum.

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.
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