• Starknet (STRK) gains 13.7% in 24 hours amid a bullish trend.
• Weekly performance shows a remarkable 30.55% price surge.
• Price nears the breakout zone, facing resistance between $0.18 and $0.19.
• Technical indicators confirm early signs of strong momentum.

Starknet (STRK) continues its upward price momentum, posting an impressive 13.7% rise in the last 24 hours and extending its weekly gain to 30.55%. At the time of writing, STRK is trading at $0.1725, with a 24-hour trading volume of $317.43 million, showing a massive 477% increase.

Its market capitalization now stands at $745.97 million, reflecting a 13.68% rise. This steady climb highlights growing investor confidence and renewed interest in STRK as market sentiment turns positive.

The STRK daily chart shows a prolonged downtrend nearing potential reversal as the price tests a crucial resistance. After months of consistently lower highs under a descending trendline, the token is now trading at $0.1727, just below the breakout point between $0.18 and $0.19.

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Accumulation Phase Nears Breakout Point

The chart highlights a clear accumulation phase between $0.10 and $0.18, where stronger holders have been steadily building positions. Multiple rebounds within this range and a tightening structure indicate growing bullish momentum. A decisive daily close above the trendline could confirm the end of the accumulation phase and mark the beginning of a new upward trend.

If the breakout is confirmed, STRK could aim for a strong recovery toward $0.25, $0.40, and potentially the target zone between $0.60 and $0.80, indicating a possible 270% upside from current levels. Holding support below $0.15 will be necessary if bears maintain a weakened grip on prices.

A successful retest near $0.17–$0.18 would also make the breakout even stronger. Overall, STRK is at a point of breakout, and the surge above the trendline confirmation may spark a massive rallying train after several months of gradual accumulation and stabilization of the market.

Technical Indicators Support Bullish Reversal Outlook

The Relative Strength Index (RSI) gained strength by crossing above the neutral 50 mark, standing at 50.90, and crossing its moving average of 40.82. This shift reflects strengthening buying momentum and signals that bulls are gaining control. It is still below the oversold zone, indicating space for further upside follow-through.

The Moving Average Convergence Divergence (MACD) indicator also favors the positive direction. The MACD line has moved across the signal line upward, and the histogram has also become positive, supporting increasing upward speed. Even if both lines are still below zero, the widening gap between them reflects improving strength in buying activity.

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