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Starknet (STRK) Bullish Run Continues, Technical Indicators Show Strong Momentum

Published 03/06/2024, 11:12 PM
Updated 03/06/2024, 11:15 PM
Starknet (STRK) Bullish Run Continues, Technical Indicators Show Strong Momentum

  • Starknet’s price leap to $2.45 marks a 4% gain amidst broader market challenges.
  • STRK breaks through the $2.188 barrier, eyeing the next milestone at $2.50.
  • Technicals hint at Starknet’s momentum, with MACD and RSI backing a bullish trend.

The cryptocurrency market witnessed a notable surge in Starknet’s value, with an over 4% increase pushing its price to $2.45. This rise comes as a surprise, especially given the prevailing market downturn that has seen many investors turning cautious.

Starknet, however, has defied the odds, capturing the interest of the crypto community and prompting a rush among investors to acquire the digital asset.

STRK/USD 24-hour price chart (source: CoinStats)

Breaking Through Resistance Levels

During the trading session, Starknet achieved a significant milestone by breaking through the $2.188 resistance level. This achievement was marked on its 4-hour chart, showcasing a pattern of higher lows and higher highs that signal a robust bullish momentum.

The positive trajectory formed a promising price channel, suggesting that Starknet could soon surpass the $2.…

The post Starknet (STRK) Bullish Run Continues, Technical Indicators Show Strong Momentum appeared first on Coin Edition.

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