This Ethereum-based Altcoin To Be The Next 10X Gem This AltSeason? | Airdrop Alert Pro

While the cryptocurrency market has suffered a strong correction this week, with top coins recording double-digit losses, some low- and mid-cap altcoins have experienced meteoric gains. Strike (STRK) is one such ETH-based project that shot into the spotlight with a 200% increase overnight.

With a potential altcoin season just around the corner, will the STRK crypto token maintain its bullish trend and break out to a peak of $88.59? In this article, we present possible short-term market sentiment and price analysis for the Strike (STRK) crypto token.

The exercise price soared by more than 200% within 24 hours!

STRK price surged by around 210% in 24 hours, with a trading volume of $1.93 billion and a massive change of +76,679.39%. At this point, the altcoin’s market capitalization has reached $100 million, making it among the top 500 cryptocurrencies.

The Relative Strength Index (RSI) has seen a sharp increase, causing it to break out of overbought territory on the daily time frame. Additionally, the average trendline continues to support the price chart, suggesting a bullish outlook ahead.

Furthermore, the SMA indicator shows a positive curve in the STRK price chart on the 1D time frame. This suggests that altcoins may continue to appreciate this week.

How high will the STRK price go?

If bullish sentiment persists, the strike could retest resistance at $22. Sustaining prices above this level could push the price of this altcoin towards highs of $25 over the weekend.

Conversely, if a trend reversal occurs, the STRK token price could plummet towards the $15 support level. Furthermore, if the bulls fail to regain momentum at this point, it could lead to a decline towards the lower support trendline at $12.

Considering buying this viral altcoin, but worried about whether it’s too late? Read CoinPedia’s Exercise price prediction Until 2030 the mystery is revealed!

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