$STRK STRK/USDT is bouncing hard but looks stretched. It is up roughly 40% on the day, around 0.071–0.075, after a recovery of nearly 200% from the mid-August low. The rally was helped by StarkWare's CEO proposing a move to Layer-1 for quantum security. (fxstreet)
Bullish case: Price sits well above the 50-, 100- and 200-day EMAs, and bulls are working to clear the long-standing resistance. If 0.0735 breaks on strong volume, 0.0780 and then 0.10 come into view. (fxstreet)
Bearish case: The 4H RSI was at an overheated 82 with rejection wicks forming, so chasing here is risky. Some traders also see repeated rejections near 0.075–0.077 as possible distribution. (kucoin) (tradingview)
What to watch: If 0.0700 and then 0.0638 hold, the trend stays intact. Losing 0.0638 points to a cooldown toward 0.0536.
The levels come from public trader posts, which disagree slightly on exact prices. Treat them as approximate, and note this is not financial advice.
#EthereumSurpasses2500USDT #StateCouncilCallsForNationalBlockchainNetwork #XRPLedgerPatchesXRPCreationBug
Bullish case: Price sits well above the 50-, 100- and 200-day EMAs, and bulls are working to clear the long-standing resistance. If 0.0735 breaks on strong volume, 0.0780 and then 0.10 come into view. (fxstreet)
Bearish case: The 4H RSI was at an overheated 82 with rejection wicks forming, so chasing here is risky. Some traders also see repeated rejections near 0.075–0.077 as possible distribution. (kucoin) (tradingview)
What to watch: If 0.0700 and then 0.0638 hold, the trend stays intact. Losing 0.0638 points to a cooldown toward 0.0536.
The levels come from public trader posts, which disagree slightly on exact prices. Treat them as approximate, and note this is not financial advice.
#EthereumSurpasses2500USDT #StateCouncilCallsForNationalBlockchainNetwork #XRPLedgerPatchesXRPCreationBug