ASTS climbs over 5% after FCC greenlight and major telecom partnerships

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Ast spacemobile surges 5.08% today

Highlights

AST SpaceMobile secured FCC approval in May for U.S. commercial satellite services and launched three BlueBird satellites in June, advancing its direct-to-device network.
Backed by new and increased positions from investors such as Tema Space Innovators ETF and Sumitomo Mitsui Trust Group, AST SpaceMobile reported a $342 million net loss for 2025 amid ongoing infrastructure expansion.
Shares are trading below critical moving averages with multiple oversold signals, forecasting a probable downtrend toward the $64.23–$76.61 range over the next five trading days.

Expanded investor interest as new satellites and partnerships drive growth

AST SpaceMobile received approval from the FCC in May to begin operating its SpaceMobile commercial service in the United States, marking a key regulatory milestone. In June, the company launched three new BlueBird satellites, further building its direct-to-device cellular broadband network. Strategic partnerships with AT&T, Verizon, Vodafone, Rakuten, Alphabet, and American Tower have expanded AST SpaceMobile's reach, while institutional investors such as Tema Space Innovators ETF and Sumitomo Mitsui Trust Group have increased or initiated substantial positions. The company reported a net loss of $342 million in 2025 as it advances its satellite infrastructure and continues operational expansion.

Anton Kharitonov, expert at Traders Union, notes an extended period of weakness for AST SpaceMobile despite recent positive news and high-profile partnerships. He sees persistent downside pressure confirmed by technical signals, with the stock lagging its major moving averages and displaying negative momentum. The substantial net loss in 2025 raises further questions about the sustainability of the current business model, especially as volatility remains elevated and oscillators flash oversold. Kharitonov cautions that the regulatory milestone is unlikely to offset deep operational losses or shift sentiment in the near term. "In my view, the risk of further downside dominates and traders should remain vigilant for failed support at $68.89," he says.

Viktoras Karapetjanc, expert at Traders Union, sees recent FCC approval and satellite launches as transformative for AST SpaceMobile’s market prospects. He highlights strategic partnerships with telecom giants and robust institutional interest as key drivers for further expansion. Despite short-term headwinds, Karapetjanc believes the bullish structure remains intact due to growing adoption and strengthening fundamentals. "With this innovation wave and strong investor backing, I expect further growth and opportunity for those positioned early," he asserts.

Parshwa Turakhiya, analyst, notes sentiment is dominated by caution after an initial rally on positive news. He points to oversold conditions, high volatility, and clear technical levels at $68.89 and $71.46 as critical for near-term traders. Turakhiya sees scope for short-term tactical trades both ways, given the exhaustion signals and set volatility band. "Momentum is weak — but volatility gives nimble traders a window for quick plays within the $64.23–$76.61 range," he comments.

Selling pressure persists as bearish momentum complements technical barriers

AST SpaceMobile is trading below its 20-, 50-, and 200-day moving averages, with readings at $78.05, $86.13, and $83, indicating persistent downside pressure across all primary timeframes. The 50-day versus 200-day alignment remains bullish, but with the price beneath all important moving averages and the Ichimoku Kijun at $87.65 acting as distant resistance, the near-term outlook favors sellers. Immediate technical focus is on the near-term ceiling at $71.46 and the near-term floor at $68.89. Momentum remains negative; the MACD is in sell territory, ADX signals a weak trend, the RSI is low at 38.69, CCI stands at -99.6, and the Stochastic RSI is deep in oversold territory, all hinting at short-term exhaustion risk. Bull/Bear Power is firmly negative at -4.73, and the Awesome Oscillator also shows a bearish tone. Price action reveals strong follow-through after an upside gap, coupled with elevated volatility at 3.73%. However, oversold oscillators suggest this momentum may not be sustainable.

Earlier, analysts noted that persistent selling pressure and weak momentum continued to weigh on AST SpaceMobile despite progress on the regulatory and institutional fronts. The current analysis strengthens this cautious stance, highlighting downside risk toward $64.23 if the stock fails to hold above the $68.89 support level in the days ahead.

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

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