Starknet KursSTRK

📈 #STRK CryptoRank: Starknet TVL nears 2024 highs as momentum returns. STRK jumps 34% in a day, ending its downtrend. Growth follows 100M STRK BTCFi rewards pulling BTC, faster prover cutting costs, and new perps, lending, and gaming pushing liquidity across apps.

The STRK trading pair has delivered a textbook technical breakout, rewarding early investors with a substantial gain and validating a long-term accumulation pattern. As highlighted in recent analysis, the asset successfully hit a key price target of $0.2177, translating to a remarkable gain of +74% from the recent swing low. 📈 The Breakout Move: Executed Perfectly The provided 3-day chart illustrates a beautiful example of price action moving from a protracted accumulation phase into a powerful bullish impulse. ▪️The Accumulation Zone (Green Box): For a significant period, spanning from early 2025 until late October, STRK was locked into a tight trading range (represented by the first green box). This consolidation area, roughly between $0.11 and $0.18, indicated that selling pressure was exhausted, and "smart money" was quietly building positions. This phase is critical for setting the stage for future rallies. ▪️The Sweep and Re-test (Red Box): Crucially, before the major rally, the price dipped sharply below the lower bound of the accumulation zone (into the red box) to wick as low as approximately $0.09. This maneuver, often referred to as a "liquidity grab" or a "spring" (in Wyckoff terminology), successfully flushed out remaining weak hands and gathered liquidity from stop-loss orders placed below the range. ▪️The Impulsive Rally: Following the sweep, the price immediately snapped back into the accumulation range and then launched into a high-momentum rally. The recent move not only broke past the upper boundary of the consolidation zone but surged straight toward the implied target, hitting $0.2177 and realizing the +74% gain. 💎 Precision and Profit The success of this trade hinges on the ability to identify the shift in market structure—specifically, recognizing the importance of the consolidation zone and the false breakdown that preceded the major upward move. The movement to $0.2177 confirms a significant return of buy-side momentum. The swiftness and strength of the rally suggest strong conviction behind the buying, which may be linked to fundamental developments for the STRK project or simply a technical reaction to a deeply oversold market coming out of a long consolidation. ➡️ What's Next for STRK? While the initial target has been met, the breakout from a multi-month accumulation range often signals the start of a longer-term trend reversal. The key now is for STRK to hold the former resistance zone (around $0.18) as new support. The chart currently suggests a potential path to the next major resistance level, targeting the area near $0.80, which represents the upper green projection box. This would be the next focus for traders looking to capitalize on the confirmed bullish momentum. $STRK

📈 Starknet TVL is climbing back toward 2024 highs as $STRK breaks its downtrend with a +34% daily move. 100M STRK BTCFi rewards are pulling BTC into the ecosystem while faster prover upgrades reduce costs.   New perps, lending, and gaming are adding fuel as liquidity spreads across apps. Worth monitoring as momentum returns.

CRYPTO REPORT OF THE DAY: Here are the Top 3 Losers🔴 1️⃣ #CantonNetwork ( $CC ) 🔽25.94% 🏷$0.1098 2️⃣ #Starknet ( $STRK ) 🔽24.99% 🏷$0.1588 3️⃣ #Zcash ( $ZEC ) 🔽24.36% 🏷$489.69