STARKNET (STRK)StarkNet, a layer-2 scaling solution employing state-of-the-art zero-knowledge rollups, aims to enhance Ethereum's scalability by enabling high throughput and reduced gas costs. This innovative technology provides a vital infrastructure for developing efficient and scalable decentralized applications (DApps).
Given StarkNet's strategic importance in Ethereum's ecosystem and its promising technology, the next price targets for STRK could be set at $2.00, $2.4, and $5.00. Traders might consider taking a position now. This trading idea is based on the anticipation of continued interest and investment in solutions that facilitate blockchain scalability, particularly as Ethereum evolves.
STRKUSD
STRK/USDT PLAN STRK/USDT:
The price of STRK is currently breaking out of a horizontal resistance level. I anticipate a bullish move of 15-30% in the short term. Additionally, STRK appears to be a promising coin for the mid-term, with a potential to reach $5 in the upcoming weeks.
Please note that this analysis is based on my personal opinion and is not financial advice. Kindly do your own research before making any investment decisions.
$STRK upside $4-9?IDX:STRK looks like it has the potential to make a strong move here. It has a very similar look to SPARKS:AERO before it went up ~7x.
While I don't think it'll be as strong of a move, I do think there's good potential for upside.
Let's see what happens. Price needs to confirm resistance as support before it has the chance to move.
I've entered from $2.27.
STARKNET TO THE MOOON📊Analysis by AhmadArz:
🔍Entry: 2.14 to 1.50
🛑Stop Loss: 5% or 10% from capital
🎯Take Profit: 2.676 - 3.21 - 3.73 >Mooon
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
STRKUSDT: Bullish Divergence at Support within a Bullish DragonSTRKUSDT has formed Bullish Divergence at the Support/Resistance level of the range it's been trading in. This may result in STRK breaking to the upside, in which case that would put it in a Harmonic position to at least make a 0.786 upside retrace.
It also broke out and tested the down-sloping trend line which could be a sign that we have confirmed a Bullish Dragon which has a minimum target of a 0.618.