Starknet's Shinobi Upgrade Introduces Native Privacy and Bitcoin Support
- Native Privacy Infrastructure Live: Starknet's Shinobi upgrade is now live on Mainnet, introducing protocol-level native privacy for the first time, laying the groundwork for previously unfeasible applications on public blockchains, marking a significant maturation of the ecosystem.
- Bitcoin Privacy Support: The introduction of strkBTC allows Bitcoin holders to enter the Starknet ecosystem with privacy protection, with two governance votes related to strkBTC closing on May 7, indicating that community participation will shape the future operation of the bridge structure.
- New Projects Flourishing: Eight new projects have launched on Starknet Mainnet, including Privily, the first privacy-focused L3 neobank, showcasing rapid ecosystem expansion and innovation, while Loot Survivor has achieved 100 million on-chain transactions, ranking as the ninth most active app in the Ethereum ecosystem.
- Developer Activity Leading: Starknet holds the top position in the Ethereum ecosystem for on-chain developer activity, with the recent Re{define} Hackathon attracting 248 project submissions, reflecting strong developer engagement and the network's ongoing growth potential.
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Technical Analysis for STRK
Technical Sentiment Analysis for Starknet (STRK). As of , Starknet (STRK) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 6 indicators are flashing buy, while 1 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 crypto.
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 | 0.034 | 0.0358 | 0.0373 | 0.0391 | 0.0406 | 0.0424 | 0.0439 |
| Fibonacci | 0.0358 | 0.0371 | 0.0379 | 0.0391 | 0.0404 | 0.0412 | 0.0424 |
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