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 3.38% today against the US Dollar
- STRK/BTC increased by 2.76% today
- STRK/ETH increased by 3.48% today
- StarkNet is currently trading 22.22% below our prediction on Oct 24, 2024
- StarkNet gained 3.41% in the last month and is down -86.90% since 1 year ago
StarkNet price | $ 0.409247 |
StarkNet prediction | $ 0.526131 (30.49%) |
Sentiment | Bearish |
Fear & Greed index | 72 (Greed) |
Key support levels | $ 0.391516, $ 0.379575, $ 0.371254 |
Key resistance levels | $ 0.411778, $ 0.420099, $ 0.432040 |
STRK price is expected to rise by 30.49% in the next 5 days according to our StarkNet price prediction
StarkNet price today is trading at $ 0.409247 after gaining 3.38% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 3.14% in the same time period. STRK performed well against BTC today and recorded a 2.76% gain against the world’s largest cryptocurrency.
According to our StarkNet price prediction, STRK is expected to reach a price of $ 0.526131 by Oct 24, 2024. This would represent a 30.49% 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 3.41% in the last 30-days. The medium-term trend for StarkNet has been bearish, with STRK dropping by -32.34% in the last 3 months. The long-term picture for StarkNet has been negative, as STRK is currently displaying a -86.90% 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 7.43. StarkNet recorded 16 green days in the last 30 days.
StarkNet technical analysis for today – Oct 19, 2024
The sentiment in the StarkNet markets is currently Bearish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.391516, $ 0.379575 and $ 0.371254, while $ 0.411778, $ 0.420099 and $ 0.432040 are the key resistance levels.
Bearish sentiment for StarkNet
8 indicators are currently signaling a bullish prediction for StarkNet, while 11 indicators are showing a bearish forecast. With 58% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for StarkNet.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 72 (Greed), which signals that investors have a positive 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.
Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
MA3 | $ 0.395332 (BUY) | $ 0.408025 (BUY) | – | – |
MA5 | $ 0.409334 (SELL) | $ 0.402738 (BUY) | – | – |
MA10 | $ 0.410212 (SELL) | $ 0.394659 (BUY) | – | – |
MA21 | $ 0.419595 (SELL) | $ 0.404229 (BUY) | – | – |
MA50 | $ 0.414254 (SELL) | $ 0.497820 (SELL) | – | – |
MA100 | $ 0.448253 (SELL) | $ 0.709614 (SELL) | – | – |
MA200 | – | – | – | – |
Period | Value | Action |
RSI (14) | 45.77 | NEUTRAL |
Stoch RSI (14) | 83.69 | SELL |
Stochastic Fast (14) | 36.49 | NEUTRAL |
Commodity Channel Index (20) | -66.67 | NEUTRAL |
Average Directional Index (14) | 11.78 | NEUTRAL |
Awesome Oscillator (5, 34) | 0.01 | NEUTRAL |
Momentum (10) | 0.00 | NEUTRAL |
MACD (12, 26) | 0.00 | NEUTRAL |
Williams Percent Range (14) | -63.51 | NEUTRAL |
Ultimate Oscillator (7, 14, 28) | 48.93 | NEUTRAL |
VWMA (10) | 0.41 | SELL |
Hull Moving Average (9) | 0.44 | SELL |
Ichimoku Cloud B/L (9, 26, 52, 26) | 0.43 | NEUTRAL |
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 45.77, 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 Bearish. STRK would have to increase by 30.49% to hit our $ 0.526131 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.
Source: https://coincodex.com/article/50067/starknet-prediction-october-19-2024/