Bullish STRK price prediction for 2024 is $0.5098 to $0.8027.
Starknet (STRK) price might reach $3 soon.
Bearish STRK price prediction for 2024 is $0.2017.
In this Starknet (STRK) price prediction 2024, 2025-2030, we will analyze the price patterns of STRK by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS INTRODUCTION
Starknet (STRK) Current Market Status
What is Starknet (STRK)?
Starknet (STRK) 24H Technicals
STARKNET (STRK) PRICE PREDICTION 2024
Starknet (STRK) Support and Resistance Levels
Starknet (STRK) Price Prediction 2024 — RVOL, MA & RSI
Starknet (STRK) Price Prediction 2024 — ADX, RVI
Comparison of STRK with BTC, ETH
STARKNET (STRK) PRICE PREDICTION 2025, 2026-2030 CONCLUSION FAQ
Starknet (STRK) Current Market Status
Current Price $0.4595 24 – Hour Price Change 0.41% Down 24 – Hour Trading Volume $77,785,148 Market Cap $817,763,410 Circulating Supply 1,779,797,783 STRK All – Time High $3.66 (On Feb 20, 2024) All – Time Low $0.3202 (On Aug 05, 2024)
STRK Current Market Status (Source: CoinMarketCap) What is Starknet (STRK) TICKER STRK BLOCKCHAIN Ethereum CATEGORY ERC-20 LAUNCHED ON February 2024 UTILITIES Governance, security, gas fees & rewards
Starknet is a layer-2 scaling solution for Ethereum that utilizes zero-knowledge rollups (ZK-rollups) to enhance the scalability and efficiency of decentralized applications (dApps). By processing transactions off-chain and generating cryptographic proofs, Starknet significantly increases transaction throughput while maintaining the security of the Ethereum blockchain.
Starknet key features include high throughput, EVM compatibility, and reduced transaction costs, making it an ideal solution for dApps that require quick and cost-effective transactions.
The native token of StarkNet, STRK, became publicly available on February 22, 2024, through a Provision Airdrop. STRK plays a crucial role within the ecosystem, enabling governance participation, staking for network security, and serving as a means to pay transaction fees. With StarkNet’s innovative approach and the introduction of the STRK token, the ecosystem is set to thrive and foster a vibrant community of developers and users.
Recently, Starknet has successfully approved token staking on the mainnet, through governance voting,
STRK 24H Technicals
(Source: TradingView ) Starknet (STRK) Price Prediction 2024
Starknet (STRK) ranks 81st on CoinMarketCap in terms of its market capitalization. The overview of the STRK price prediction for 2024 is explained below with a daily time frame.
STRK/USDT Horizontal Channel Pattern (Source: TradingView )
In the above chart, Starknet (STRK) laid out a Horizontal Channel also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, line which connects the lows, run horizontally parallel and the price action is contained within it.
A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.
At the time of analysis, the price of Starknet (STRK) was recorded at $0.4630. If the pattern trend continues, then the price of STRK might reach the resistance levels of $0.5045 and 0.7390. If the trend reverses, then the price of STRK may fall to the support of $0.4149 and $0.3403.
Starknet (STRK) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Starknet (STRK) in 2024.
STRK/USDT Resistance and Support Levels (Source: TradingView )
From the above chart, we can analyze and identify the following as the resistance and support levels of Starknet (STRK) for 2024.
Resistance Level 1 $0.5098 Resistance Level 2 $0.8027 Support Level 1 $0.3340 Support Level 2 0.2017
STRK Resistance & Support Levels Starknet (STRK) Price Prediction 2024 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Starknet (STRK) are shown in the chart below.
STRK/USDT RVOL, MA, RSI (Source: TradingView )
From the readings on the chart above, we can make the following inferences regarding the current Starknet (STRK) market in 2024.
INDICATOR PURPOSE READING INFERENCE 50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $0.3942Price = 0.4634(50MA < Price) Bullish/Uptrend Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 59.5164<30 = Oversold50-70 = Neutral>70 = Overbought Neutral Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Below cutoff line Weak Volume
Starknet (STRK) Price Prediction 2024 — ADX, RVI
In the below chart, we analyze the strength and volatility of Starknet (STRK) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
STRK/USDT ADX, RVI (Source: TradingView )
From the readings on the chart above, we can make the following inferences regarding the price momentum of Starknet (STRK).
INDICATOR PURPOSE READING INFERENCE Average Directional Index (ADX) Strength of the trend momentum 67.4438 Very Strong Trend Relative Volatility Index (RVI) Volatility over a specific period 58.25<50 = Low>50 = High High Volatility
Comparison of STRK with BTC, ETH
Let us now compare the price movements of Starknet (STRK) with that of Bitcoin (BTC), and Ethereum (ETH).
BTC Vs ETH Vs STRK Price Comparison (Source: TradingView )
From the above chart, we can interpret that the price action of STRK is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of STRK also increases or decreases respectively.
Starknet (STRK) Price Prediction 2025, 2026 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Starknet (STRK) between 2025, 2026, 2027, 2028, 2029, and 2030.
Year Bullish Price Bearish Price Starknet (STRK) Price Prediction 2025 $5 $0.43 Starknet (STRK) Prediction 2026 $5.8 $0.31 Starknet (STRK) Price Prediction 2027 $7.2 $0.37 Starknet (STRK) Price Prediction 2028 $9.5 $0.24 Starknet (STRK) Prediction 2029 $8.3 $0.32 Starknet (STRK) Prediction 2030 $10 $0.29
Conclusion
If Starknet (STRK) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Starknet (STRK) price prediction for 2024 is $0.8027. Comparatively, the bearish Starknet (STRK) price prediction for 2024 is $0.2017.
If there is a positive elevation in the market momentum and investors’ sentiment, then Starknet (STRK) might hit $3. Furthermore, with future upgrades and advancements in the Straknet ecosystem, STRK might surpass its current all-time high (ATH) of $2.18 and mark its new ATH.
FAQ
1. What is Starknet (STRK)
StarkNet is a layer-2 scaling solution for Ethereum that uses zero-knowledge rollups to enhance dApp performance, while its native token, STRK, facilitates governance and staking within the ecosystem.
2. Where can you buy Starknet (STRK)?
Traders can trade Starknet (STRK) on the following cryptocurrency exchanges such as Binance, OKX, Bybit, and KuCoin.
3. Will Starknet (STRK) record a new ATH soon?
With the ongoing developments and upgrades within the Straknet platform, Starknet (STRK) has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Starknet (STRK)?
Starknet (STRK) hit its current all-time high (ATH) of $3.68 on February 20, 2024.
5. What is the lowest price of Starknet (STRK)?
According to CoinMarketCap, STRK hit its all-time low (ATL) of $0.3202 on August 05, 2024.
6. Will Starknet (STRK) hit $3?
If Starknet (STRK) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $3 soon.
7. What will be the Starknet (STRK) price by 2025?
Starknet (STRK) price might reach $5 by 2025.
8. What will be the Starknet (STRK) price by 2026?
Starknet (STRK) price might reach $5.8 by 2026.
9. What will be the Starknet (STRK) price by 2027?
Starknet (STRK) price might reach $7.2 by 2027.
10. What will be the Starknet (STRK) price by 2028?
Starknet (STRK) price might reach $9.5 by 2028.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
