Starknet crosses key demand zone – Smart money expects rally to continue!
The post Starknet crosses key demand zone – Smart money expects rally to continue! appeared on BitcoinEthereumNews.com.
Journalist Posted: November 19, 2025 Key Takeaways Is Starknet ready for a new rally? Yes, the retest of the former range highs as a demand zone, and the current bullish momentum showed that STRK was ready to rally higher. How high could this rally go? Fibonacci extension levels showed that the $0.29 and $0.34 levels were the next bullish swing targets. Starknet [STRK] was trending higher once again. It was up 21.5% in 24 hours, aided by a modest 1.54% price bounce for Bitcoin [BTC]. Altcoins with strong buyers tend to do well when Bitcoin prices stabilize or climb higher. That was what Starknet bulls were experiencing. In a recent AMBCrypto report, the $0.19 region was highlighted as a key demand zone. It has been retested as such, and the buyers have responded with strength. Smart money also recognised the STRK trade as profitable. Lookonchain observed that a trader opened a long position worth $6.7 million three days ago. With a 5x leverage and an entry at $0.14, it was not sitting on $2.5 million in profit. Why a 33%-55% Starknet rally could commence hereon Source: STRK/USDT on TradingView The 4-hour chart reflected a bullish structure, with a series of higher swing highs and swing lows in November. At the time of writing, the $0.197 range high, which had acted as resistance ten days ago, had been defended as support. Following this defense, the MACD was on the verge of forming a bullish crossover. This was another sign of upward momentum. However, the CMF showed a reading of -0.09. This indicated a lack of steady demand and was a warning sign to the bulls. A set of Fibonacci retracement and extension levels was plotted using the rally from the range low to the high earlier this month. It showed that…
Filed under: News - @ November 19, 2025 4:27 pm