Muted action for Starknet — sequencer issues and subdued volatility cap movement
Starknet (STRK) is trading at $0.0918, positioned above the MA-20 at $0.0829 but below both the MA-50 at $0.1134 and MA-200 at $0.1260. This places STRK in a weak short-term upward trajectory, while persistent selling pressure remains evident on medium- and long-term timeframes.
Highlights
- On January 5, 2026, Starknet, an Ethereum Layer 2 network, experienced a mainnet outage lasting about four hours due to sequencer issues halting all transactions.
- Major centralized exchanges, including Bithumb, temporarily suspended STRK deposits during the disruption, increasing short-term counterparty risk for users.
- Starknet operations were fully restored by the team with no user funds lost, underscoring both operational risks and recent infrastructure resilience efforts since the Grinta upgrade.
Operational vulnerability exposed as Starknet outage disrupts user access
On January 5, 2026, Starknet, an Ethereum Layer 2 network, suffered a mainnet outage that lasted around four hours due to sequencer issues, halting all block production and freezing transactions for users of decentralized applications and wallets. Centralized exchanges, including Bithumb, temporarily suspended STRK deposits during this disruption. Network operations were restored following intervention by the Starknet team, with no user funds lost; this event also highlights ongoing operational risks and infrastructure resilience efforts since the Grinta upgrade.
Conflicting momentum and resistance levels signal indecisive trend
Daily momentum is weak for STRK, with the MACD on D1 reflecting a strong sell signal and the ADX signaling a lack of clear trend development. Oscillators are mixed: RSI leans slightly bearish, while the Stochastic RSI and CCI are strongly overbought, and Bull/Bear Power suggests a marginal buyer advantage. The price is currently trading mid-range between today’s low of $0.0897 and high of $0.0926, with volatility subdued and no decisive intraday direction established as momentum signals remain conflicting. The nearest resistance is at the Ichimoku Kijun around $0.0920, with strong support provided by the MA-20.
Sideways bias as breakout unlikely barring volatility shift
Over the next five trading days, STRK is expected to remain within a typical volatility band relative to current levels, ranging from $0.0850 to $0.0950. The probability of a price increase remains low (less than 20%), favoring a potential decrease. The base scenario envisions STRK continuing to trade sideways between $0.0850 and $0.0950, with a bullish breakout only if the price moves decisively above $0.0950, while a clear bearish move could develop if support at $0.0850 fails.
Previously it was reported that Starknet is trading significantly below its major moving averages, with technical indicators such as MACD, ADX, and oscillators signaling pronounced bearish momentum and oversold conditions. Immediate resistance remains at $0.109, while support at $0.10 is in focus amid heightened selling pressure from upcoming token unlocks and increased supply concerns.
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