Here’s why Starknet is sliding

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Starknet Slides 10.54% Today

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Anton Kharitonov, expert at Traders Union, sees sustained bearish pressure on STRK as the price failed to hold key short-term moving averages. He believes the persistent daily losses and neutral CCI show a fragile buyer presence, despite technical oversold signals. The lack of supporting news or fresh inflows compounds downside risks for the next sessions. Kharitonov is critical of the weak recovery structure. "Oversold readings alone are no guarantee — price could probe lower support if sellers remain aggressive."

Viktoras Karapetjanc, expert at Traders Union, stresses that the bullish long-term structure remains intact above MA-200. He points to strong ADX and bullish MACD divergence as signs of latent strength. Karapetjanc is confident that any downside will be limited if buyers regain the initiative. He notes there is opportunity for a break above resistance if sentiment shifts. "Further growth is within reach once the market consolidates above $0.1631 — the setup offers multiple bullish scenarios."

Mixed momentum amid bearish control and oversold indicators

Momentum readings on the daily chart are mixed: MACD shows strong bullish divergence, but RSI sits at 46.6 and signals seller control. The daily ADX is firm at 33, indicating strong directional movement, while the Stochastic RSI is extremely oversold, hinting at possible relief. CCI remains neutral, and BBP slightly favors buyers, reflecting bid-side stabilization despite a daily drop of 10.54%. There was no meaningful opening gap, and the price is currently trading near the mid-range of today’s session with moderate volatility. The tone is one of sustained pressure following the open, with persistent volatility and a clash between oversold signals and bearish momentum suggesting an uncertain intraday outlook.

Previously it was noted that Starknet introduced non-custodial Bitcoin staking and a reward program, which increased both interest and activity in the ecosystem. Last time we reported that the session has been marked by selling pressure after the open and a heavy intraday tone despite broader momentum maintaining a mixed bias.

Source of Data: STRK Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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