Major

Rally

bullish

Starknet

<p>As the crypto market is built with anticipation, Starknet (STRK) and Apecoin (APE) charts look poised to break out strongly. <a href="https://captainaltcoin.com/this-analyst-predicts-major-breakout-for-starknet-strk-price-heres-why/" target="_blank" rel="noopener noreferrer nofollow">Starknet’s price</a> is accumulating above resistance, while Apecoin’s price shows steady momentum within an ascending channel. Insights shared by crypto analysts highlight key levels and technical patterns that suggest potential upward moves for these tokens.</p>
<h2 class="wp-block-heading" id="starknet-strk-price-accumulating-near-0-60-resistance">Starknet (STRK) Price Accumulating Near $0.60 Resistance</h2>
<p>Crypto analyst Darren shared on X (formerly Twitter) that Starknet (STRK) is currently accumulating above its resistance level. STRK’s price has been stuck in a horizontal sideways range, with $0.60 being the focus. The $0.60 mark is the horizontal average of the price level and also a moving average of the stock, making it a place where the market often changes direction.</p>
<p>Technical data indicates that earlier in the year, STRK’s price underwent a downtrend where it fell to around $0.30 before bouncing into consolidation. Increased volume during the current accumulation phase signals growing buying pressure, supporting the possibility of a bullish breakout.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="492" src="https://captainaltcoin.com/wp-content/uploads/2024/11/image-723-1024x492.png" alt="" class="wp-image-585652" srcset="https://captainaltcoin.com/wp-content/uploads/2024/11/image-723-1024x492.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-723-300x144.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-723-766x368.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-723-1536x737.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-723-2048x983.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-723-312x150.png 312w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-723-100x48.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-723-729x350.png 729w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-723-788x378.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-723.png 679w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/Fame21Moore/status/1859409462932509027" target="_blank" rel="noopener noreferrer nofollow">X/Crypto.Darren</a></em></strong>
 </figcaption>
</figure>
<p>If STRK can break through the $0.60 and hold above it, $0.80, $1.00, and $1.50 serve as likely price targets based on prior resistance levels. On the contrary, if prices cannot hold above $0.60, then a retest towards $0.40 is a possibility, and if the selling pressure increases, the prices could drop below this level.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/why-is-flokis-price-pumping-major-exchange-listing-today-hints-at-all-time-high/" target="_blank" rel="noopener noreferrer nofollow">Why Is FLOKI’s Price Pumping? Major Exchange Listing Today Hints at All-Time High</a></em></strong></p>
<h2 class="wp-block-heading" id="apecoin-ape-price-gains-momentum-in-an-ascending-channel">Apecoin (APE) Price Gains Momentum in an Ascending Channel</h2>
<p>Crypto Winkle shared an analysis highlighting Apecoin’s (APE) bullish trajectory within an ascending channel. Trading around $1.15, <a href="https://coinmarketcap.com/currencies/apecoin-ape/" target="_blank" rel="noopener noreferrer nofollow">APE’s price</a> has demonstrated consistent higher highs and higher lows, a hallmark of a sustained uptrend. The channel’s structure suggests that $1.40 serves as the next resistance level, aligning with the tweet’s price targets.</p>
<p>The MACD and the 21-day exponential moving average (EMA) are providing bullish confirmation. MACD momentum indicates a possible continuation of the upward trend, while the EMA offers dynamic support. A breakout above $1.40 could propel APE’s price toward the next target of $1.60, supported by volume spikes observed in similar upward moves.</p>
<p>If the price fails to hold the lower boundary of the channel at $1.00, a bearish reversal could drive APE toward $0.90 or lower.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="452" src="https://captainaltcoin.com/wp-content/uploads/2024/11/image-722-1024x452.png" alt="" class="wp-image-585644" srcset="https://captainaltcoin.com/wp-content/uploads/2024/11/image-722-1024x452.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-722-300x132.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-722-766x338.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-722-1536x678.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-722-2048x904.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-722-340x150.png 340w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-722-100x44.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-722-793x350.png 793w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-722-788x347.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-722.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/CryptoWinkle/status/1859554848468791365" target="_blank" rel="noopener noreferrer nofollow">X/CryptoWinkle</a></em></strong>
 </figcaption>
</figure>
<h2 class="wp-block-heading" id="similarities-in-bullish-patterns">Similarities in Bullish Patterns</h2>
<p>Starknet and Apecoin are exhibiting accumulation and bullish patterns that suggest potential price growth. While STRK consolidates near a key resistance zone, APE trades within an ascending channel that could facilitate continued upward movement.</p>
<p>The technical analyses and shared insights underline critical levels and indicators to watch as traders prepare for possible breakouts. As these tokens navigate these setups, traders and investors are monitoring volume and price action for confirmation of the next moves.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/bitcoin-cash-bch-nearing-a-violent-breakout-as-btc-price-approaches-100k/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Cash (BCH) Nearing a ‘Violent Breakout’ as BTC Price Approaches $100k</a></em></strong></p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/starknet-strk-price-eyes-breakout-while-apecoin-ape-prepares-for-a-major-rally-heres-why/" rel="noopener noreferrer nofollow">Starknet (STRK) Price Eyes Breakout While Apecoin (APE) Prepares for a Major Rally – Here’s Why!</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Starknet (STRK) Price Eyes Breakout While Apecoin (APE) Prepares for a Major Rally – Here’s Why!

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