Starknet Resumes Transactions After Technical Issue, STRK Price Remains Stable
- Technical Recovery: Starknet paused transactions on January 5 due to a proving error, disrupting transaction processing between 9:24 and 9:42 AM UTC; however, STRK's price remained stable, reflecting market confidence in its recovery capabilities.
- Stable Market Reaction: Following the brief downtime, STRK's price showed minimal fluctuation, currently at $0.09 with a market cap of approximately $458 million, indicating positive sentiment among investors regarding the network's stability.
- Historical Challenges Highlighted: Starknet faced similar transaction disruptions after the Grinta upgrade in September 2025, underscoring historical challenges in managing technical errors effectively within Layer 2 solutions, necessitating improved fault tolerance.
- Commitment to Technological Improvements: Starknet has pledged to release a detailed report analyzing the cause of the outage and implementing long-term preventive measures, aiming to enhance network reliability through ongoing technological advancements.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for STRK
Technical Sentiment Analysis for Starknet (STRK) As of , Starknet (STRK) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for STRK stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, STRK is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Starknet (STRK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0189 | 0.03 | 0.0418 | 0.0529 | 0.0647 | 0.0758 | 0.0876 |
| Fibonacci | 0.03 | 0.0387 | 0.0441 | 0.0529 | 0.0616 | 0.067 | 0.0758 |
About STRK
About the author
