StarkNet Gained 6.90% in Last Month and is Predicted to Reach $0.549155 By Oct 17, 2024

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

• StarkNet is up 4.21% today against the US Dollar
• STRK/BTC increased by 3.79% today
• STRK/ETH increased by 3.01% today
• StarkNet is currently trading 23.16% below our prediction on Oct 17, 2024
• StarkNet gained 6.90% in the last month and is down -86.49% since 1 year ago

STRK price is expected to rise by 30.59% in the next 5 days according to our StarkNet price prediction

is trading at $ 0.421995 after gaining 4.21% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 6.40% in the same time period. STRK performed well against BTC today and recorded a 3.79% gain against the world’s largest cryptocurrency.

According to our StarkNet price prediction, STRK is expected to reach a price of $ 0.549155 by Oct 17, 2024. This would represent a 30.59% price increase for STRK in the next 5 days.

STRK Price Prediction Chart

Buy/Sell StarkNet

What has been going on with StarkNet in the last 30 days

StarkNet has been displaying a positive trend recently, as the coin gained 6.90% in the last 30-days. The medium-term trend for StarkNet has been bearish, with STRK dropping by -25.53% in the last 3 months. The long-term picture for StarkNet has been negative, as STRK is currently displaying a -86.49% 1-year price change. On this day last year, STRK was trading at $ 3.12.

StarkNet reached its all-time high price on Feb 20, 2024, when the price of STRK peaked at $ 3.15. The current STRK cycle high is $ 0.507736, while the cycle low is at $ 0.320125. STRK has been displaying low volatility recently – the 1-month volatility of the coin is at 7.87. StarkNet recorded 17 green days in the last 30 days.

StarkNet technical analysis for today – Oct 12, 2024

The sentiment in the StarkNet markets is currently Bullish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 0.391886, $ 0.378068 and $ 0.369214, while $ 0.414558, $ 0.423412 and $ 0.437230 are the key resistance levels.

Bullish sentiment for StarkNet

16 indicators are currently signaling a bullish prediction for StarkNet, while 4 indicators are showing a bearish forecast. With 80% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for StarkNet.

Crypto market is currently experiencing Neutral

Currently, the Fear & Greed index is at 49 (Neutral), which signals that investors have a neutral outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

StarkNet moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how StarkNet is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for StarkNet is at 50.99, suggesting that STRK is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of StarkNet over the last 50 days. Currently, StarkNet is trading above the SMA 50 trendline, which is a bullish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the STRK closing price for the last 200 days. STRK is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this StarkNet prediction

After considering the above factors, we can conclude that the current forecast for StarkNet price prediction is Bullish. STRK would have to increase by 30.59% to hit our $ 0.549155 target within the next five days. Moving forward, it will be important to monitor the STRK market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term StarkNet price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.