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EDU Comment and Price Analysis - September 21, 2025
EDU Technical AnalysisWhen we analyze the EDU chart, we see that the symmetrical triangle formation is still valid. The price of the coin initiated an upward move with the support it got from the lower border of the triangle. The price is currently trading around the level $0.1453, close to the mid-upper border of the triangle. This region is crucial in terms of the upward breakout of the price.The upper border of the triangle formation — $0.1496 — stands as a strong resistance in the short term. A new rally toward the range $0.1674–$0.1724 could start if the price manages to close above this resistance. Moreover, if the price can break out here, the first target will be the level $0.1970 followed by the mid-term target at $0.24.According to a bearish scenario, the support levels to follow are $0.1338, followed by $0.1286 and $0.1136. Below these support levels, the drop in the price could speed up and a pullback to the level $0.10 might be on the table. Narrowing Triangle Structure Summary:Current price: $0.1453Holding above $0.1496, the possible targets are $0.1674–$0.1742 and $0.1970Below the levels $0.1338 and $0.1286, expect more drop.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
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21 Sep 2025
ENA Comment and Price Analysis - September 20, 2025
ENA Technical Analysis Rising Trend YZi Labs, formerly known as Binance Labs, announced today that it has increased its investment in Ethena Labs. YZi Labs also plans to support Ethena Labs in expanding the adoption of the USDe stablecoin across both decentralized and centralized platforms.Analyzing the ENA chart on a daily time frame, we can see that the price of the coin has been stuck between a horizontal support and a descending trendline for a while, which signals that the market is building momentum before a major breakout. The price trading around $0.6718–$0.70 indicates that the support zone is holding.In the upper area, the descending trend and the resistance zone between $0.90–$0.94 act as a critical barrier for breaking out of the formation. As the price approaches this level, it will test the strength of buyers.According to a bullish scenario, ENA needs to close above $0.70 on the daily chart to trigger a potential move toward the key resistance zone; however, this resistance area could bring heavy selling pressure and profit-taking.According to a bearish scenario, the first support to hold the price is around $0.54. Below it, the price could go down to test lower support levels.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
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19 Sep 2025
HYPE Comment and Price Analysis - September 20, 2025
HYPE Technical AnalysisMetaMask is preparing to launch in-wallet perpetual trading through Hyperliquid. This upgrade, allowing users to access a decentralized exchange (DEX) experience directly within the wallet interface, could boost on-chain trading volume. Yükselen Kanal Yapısı Rising Channel StructureAnalyzing the HYPE chart on a 4-hour time frame, we can clearly see that the price is trading inside an ascending channel. Starting from $36, the uptrend recently tested the upper border at $58; however, profit-taking at this level has pulled the price back to around $55.The price of the coin is struggling to stabilize around the middle line of the channel after the pullback. HYPE is likely to move back to the level $58 if the support range between the levels $52–$53.5 can hold. In such a scenario, the price could aim for the levels $60.8 and $64.5.The lower border of the channel at $48 is crucial in terms of the trend. We can say that the current pullback looks like a healthy correction; however, the price could pull back to the range between the levels $48–$50 if we see a close below $52. If this zone breaks downward, the bullish structure will be invalidated, and a negative scenario could play out.To summarize, we can say that HYPE still displays a strong technical pattern. The harmony between volume and formation, in particular, supports this technical outlook positively.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
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19 Sep 2025
ADA Comment and Price Analysis - September 19, 2025
Cardano (ADA) Technical AnalysisAnalyzing the ADA chart on a daily time frame, we see that the price of the coin has formed a symmetrical triangle formation, being squeezed between a descending resistance line and a rising support line. The formation we see on the chart is almost at the end of it after almost 4-month consolidation. Narrowing Triangle Structure The zone between the levels $0.9194 – $0.9442 stands as a key area as it is not only the horizontal resistance but is the upper border of the triangle pattern as well. The price of the coin can surge to the level $1.15 if the triangle formation breaks upward with huge momentum; however, we do not see a breakout confirmation yet.ADA has been trading inside an ascending channel since January 2024 when we look at a broader timeframe. The current triangle pattern has shaped in the lower-mid border of the channel. We can say that the price has the potential to reach the level at $2 – upper border of the channel – in case of an upward breakout. Therefore, price closings above $0.9442 would be meaningful not only for the short term but also for reviving the medium-term bullish trend.According to a bearish scenario, the price is likely to drop to the support range between the levels $0.75 – $0.78 in case of a triangle breakdown. This area has repeatedly worked as both support and resistance; however, the ascending channel pattern would break if the price drops below this region. Below this region, the price may move toward the lower border of the channel at first and then to the zone between the levels $0.45 – $0.50 in case of a deeper correction.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
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19 Sep 2025
Consensys CEO Announces Launch Imminent for MetaMask's MASK Token
Joseph Lubin, co-founder of Ethereum and CEO of Consensys, confirmed the imminent launch of the long-anticipated MetaMask token, MASK. Speaking on "The Crypto Beat" podcast, Lubin said, "The MASK token is coming; it could be here sooner than you think," sparking excitement in the community.MetaMask, one of the most popular wallets in the Ethereum ecosystem, serves millions of users. Rumors have circulated for years that the wallet would issue its own token. This idea was first raised in 2021 by MetaMask engineer Erik Marks, who floated the idea of a community-owned governance token. However, no official announcement has been made until now. Lubin's latest statements indicate that the plan is now finalized and the launch is imminent.Lubin emphasized that MASK will not be a mere token launch but will serve to decentralize certain areas of the MetaMask ecosystem. Lubin stated that Consensys has long embraced a "gradual decentralization" approach in the Ethereum ecosystem, and that projects like MetaMask, Infura, and Linea play a critical role in achieving this goal.MetaMask co-founder Dan Finlay also stated in an interview last month that a potential token launch would be integrated into the wallet, allowing users to access it directly from within the app. Finlay's statements, which were cautious at the time, saying "it's still a possibility," now appear to have evolved into a concrete roadmap with Lubin's comments.Consensys Launches Linea TokenConsensys launched the LINEA token for Linea, the Ethereum Layer-2 network, in recent weeks. Over 9.36 billion LINEA tokens have been distributed to the community, with Consensys receiving only a 15% share. The remainder is allocated to developers, liquidity providers, and programs to incentivize Ethereum projects. Lubin signaled that a similar community-focused approach could apply to MASK.Furthermore, Lubin also commented on his role at SharpLink Gaming. He acknowledged that the publicly traded company, known for its Ethereum treasury, has experienced a decline in market net asset value (mNAV), stating that this is a cyclical process. Lubin stated that rising Ethereum prices will positively impact SharpLink's performance, adding, "The markets will regain some vitality."SharpLink CEO Joseph Chalom described the mNAV drop below 1 as a temporary aberration. He stated that the company will continue its Ethereum accumulation strategy and, if necessary, will support investor confidence through share buybacks and new capital raises.
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19 Sep 2025
PayPal's Stablecoin PYUSD Opens to Nine New Blockchain Networks
PayPal is significantly expanding the reach of its dollar-backed stablecoin, PYUSD. Issued by Paxos Trust Company in 2023 and initially launched on Ethereum, PYUSD quickly expanded to Solana, Arbitrum, and Stellar. Now, thanks to the LayerZero integration, it is available on nine more blockchains. The new integration creates a permissionless version of PYUSD, dubbed "PYUSD0." This version, operating via LayerZero's Stargate Hydra bridge, will have exactly the same functionality as the original PYUSD. Whether users use the native PYUSD on Ethereum, Solana, or Stellar, or PYUSD0 on LayerZero-supported chains, the token is 1:1 exchangeable with US dollars and will be considered the same stablecoin.What are the new networks?The expanded networks include Tron, Avalanche, Sei, Aptos, Abstract, Ink, and Stable. Previously issued by the community, Berachain (BYUSD) and Flow (USDF) will also be upgraded to PYUSD0. This will bring PayPal's stablecoin to not only a few major chains but also rapidly growing new ecosystems.This move follows PayPal's LayerZero collaboration launched last year. At the time, PYUSD adopted LayerZero's omnichain token standard, enabling transfers between Ethereum and Solana without the need for centralized platforms. Now, this feature is being expanded to a wider audience.The current circulating supply of PayPal USD is approximately $1.9 billion. This figure is significantly lower than Tether's $171 billion USDT or Circle's $74 billion USDC. However, given the rapid growth of the stablecoin market across the industry, PayPal's actions are expected to give it a significant strategic position in the long term. The US Treasury Department predicts that the stablecoin market could reach $2 trillion by 2028. LayerZero Labs CEO Bryan Pellegrino emphasized that the integration is not just a technical advancement but also a strong sign of the future of the financial system. According to Pellegrino, stablecoins will be the cornerstone of a borderless, 24/7 global financial market.David Weber, CEO of the PayPal ecosystem, said, “By working with LayerZero, we are bringing PYUSD to new markets faster. We are maintaining both compatibility and cross-chain interoperability from the start.”This week, the company also introduced a new peer-to-peer payment feature called “PayPal Links.” This system, which will allow users to easily send payments through personal connections, is planned to integrate Bitcoin, Ethereum, PYUSD, and other assets soon. This will support PayPal’s stablecoin strategy not only with blockchain integrations but also with everyday payment solutions.
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19 Sep 2025
XRP and Dogecoin ETFs Begin Trading in the US: Breaking Records
For the first time in the US, spot XRP and Dogecoin ETFs have begun trading on an exchange. These two funds, launched by REX-Osprey, attracted attention in the crypto investment world with their first-day performance. The XRPR ETF, focusing on XRP, reached $37.7 million in trading volume, breaking the record for the highest first-day volume among the 710 ETFs launched this year. The Dogecoin-focused DOJE ETF, meanwhile, placed among the top five openings of the year with $17 million in trading volume.Bloomberg Senior ETF Analyst Eric Balchunas pointed out that these figures were much stronger than expected, commenting, “Most ETFs trade under $1 million on their first day, which is a pretty solid start.” Balchunas also noted that thanks to the SEC's recently approved new listing standards, more than 100 crypto ETFs are likely to launch within the next year. Investor Interest in XRP and DogecoinThe XRP ETF reached $24 million in volume in its first 90 minutes of trading, quintupling the performance of XRP futures ETFs. The Dogecoin ETF also saw approximately $6 million in volume in the first hour. This result demonstrates the growing investor interest not only in Bitcoin and Ethereum but also in alternative cryptocurrencies.XRP is the third-largest cryptocurrency used by Ripple in cross-border payments. Its market capitalization recently surpassed that of traditional banking giant Citigroup. Ripple has also taken a significant regulatory step by applying for a banking license in the US. While Dogecoin was previously described as a "meme coin," it is now attracting the attention of institutional investors.Strengthening Regulatory FrameworkThe US Securities and Exchange Commission (SEC) implemented a new listing standard on Wednesday that will expedite the approval process for crypto ETFs. The approval process, which previously took approximately 240 days, will now be completed in approximately 75 days. This change coincided with the launch of the XRP and Dogecoin ETFs and has been met with positive market response.According to analysts, this development could enable crypto ETFs to reach a wider audience. Following the Bitcoin and Ethereum ETFs, the regulated investment of XRP and Dogecoin will increase diversity in the cryptocurrency market and accelerate the inflow of institutional capital.What was the impact on the markets?Despite strong volume on the ETFs' first day of trading, the price of XRP traded flat at $3.04 in the last 24 hours. Dogecoin, on the other hand, declined 1 percent to $0.27. Investors are currently awaiting the long-term impact of ETFs. According to market experts, ETFs can have a positive impact on prices in the medium term because they facilitate access to cryptocurrencies. In particular, the increased focus of institutional funds on altcoin ETFs could spark a new wave of growth in the crypto market.
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19 Sep 2025
ZRO Comment and Price Analysis - September 18, 2025
ZRO Technical AnalysisWhen we analyze the ZRO chart, we can see a clear symmetrical triangle formation occurring. The price is trading between the downtrend line from above and the ascending trendline from below, and it is almost at the end of the formation currently. This pattern has great potential to see a breakout in the coming days. ZRO Range Area ZRO is currently trading around the level $1.90, close to the mid-border of the triangle pattern. Here, the level at $1.75 stands as a crucial support. Below this support, ZRO might retreat to the level at $1.65, and it is possible to test the range between the levels $1.48 and $1.60 in case of a deeper correction.According to a bullish scenario, the most important resistance ahead is the level $2.08. Holding above it, ZRO could surge to the levels $2.58 and $2.75. Also, we can talk about a technical target — $3.35 — if the triangle gets broken above.Summary:The price is around $1.90, trading at the mid-border of the triangle.Holding above $2.08 would open the way for $2.58 and $2.76.Trading below $1.75 has potential risk for the levels $1.65 and $1.48.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
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18 Sep 2025
ZK Comment and Price Analysis - September 18, 2025
ZK/USDT Technical AnalysisAnalyzing ZK chart on a daily time frame, we see a symmetrical triangle formation shaping. The price has been trading between the downtrend line and ascending trend line coming from below. Such patterns usually have a potential to trigger a strong breakout and sharp moves following.ZK is currently trading around the level $0.0567, close to the lower trend of the triangle formation. We see that the level at $0.0545 is a key support. The price might pull back to the levels $0.0495 and $0.0479 if it sees closings below the key support level.According to a bullish scenario, the price is likely to test the resistance levels at $0.0599–$0.0620. Holding above these levels, ZK could go higher and target upper levels at $0.0688 and $0.0745. In the event that triangle formation gets broken above, then the price target would be $0.08 and above. Symmetrical Triangle Formation Summary:Price is trading close to the lower border of the triangle, $0.0545 is crucial support.Holding above the level $0.0599 will open way to $0.0688 and $0.0745.Trading below $0.0545 might trigger risky levels at $0.0495 and $0.0479.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
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18 Sep 2025
XRP Comment and Price Analysis - September 18, 2025
XRP Technical AnalysisAnalyzing XRP chart on a daily time frame, we see that the ascending channel pattern is still valid and working well. The price of the coin is trying to recover following a pullback starting around the level $3.42. The price is trading near the level at $3.01 currently and has approached key resistance levels again.Short-term resistance levels ahead are $2.93 and $3.13. Above these levels, the price has the potential to move towards the upper border of the channel again — $3.42–$3.50.According to a bearish scenario, the first strong support below is the range between the levels $2.85–$2.64. If this support level is lost, then the range $2.44–$2.38 and the lower border of the channel would be a potential reversal area. In case the channel pattern gets broken, sell pressure might get intense. Rising Channel Structure Summary:Current price: $3.01Key resistances: $2.93 and $3.13Support zone: $2.85–$2.64Upper border of the channel: $3.42–$3.50Last defense line: $2.44–$2.38These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
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18 Sep 2025
Trump Jr.-Linked Thumzup Purchases $2 Million in Dogecoin
US-based Thumzup Media Corporation, of which Donald Trump's son, Donald Trump Jr., is a shareholder, continues to demonstrate its belief in Dogecoin with concrete steps. In an announcement made alongside TZUP shares traded on Nasdaq, the company announced the purchase of approximately 7.5 million Dogecoins on the open market for the first time. The total value of this purchase is reported to be approximately $2 million, with an average cost of $0.2665.This strategic move coincides with the expected launch of the first exchange-traded funds (ETFs) for Dogecoin. According to experts, DOGE ETFs could significantly increase the cryptocurrency's recognition and accessibility among institutional investors. Thumzup CEO Robert Steele described this development as "a new milestone in Dogecoin's transformation beyond a community currency into a productive digital asset." The DogeHash acquisition marked a mining offensiveThe company aims to strengthen its commitment to Dogecoin not only through acquisitions but also on the mining side. Thumzup recently announced that it has begun negotiations to acquire DogeHash, a Dogecoin miner. In addition to DogeHash's existing 2,500 advanced mining devices, it has an order for 1,000 new devices expected to be delivered by the end of the year. This investment is expected to significantly increase the company's Dogecoin production capacity.Thumzup's expansion is supported by a $50 million stock offering in August 2025. This capital increase, priced at $10 per share, is being used for cryptocurrency acquisitions and mining equipment investments.New members join the advisory boardThe company is also strengthening its management team with crypto veterans. Jordan Jefferson, CEO of DogeOS and leader of MyDoge, and Alex Hoffman, a key figure in the DogeOS ecosystem, have joined Thumzup's Crypto Advisory Board. Jefferson and Hoffman's expertise in Dogecoin and the broader crypto ecosystem is expected to contribute to the company's strategic roadmap.A Broader Crypto PortfolioIn addition to these Dogecoin-focused steps, Thumzup is also including other leading cryptocurrencies in its treasury strategy. The company's plans include adding crypto assets such as Bitcoin, Ethereum, Solana, Litecoin, Ripple, and USD Coin to the portfolio.These steps come at a time when market perceptions of Dogecoin are changing. The anticipated DOGE ETFs, in particular, are considered one of the most powerful developments that could put Dogecoin on the radar of institutional investors in the long term, after Bitcoin and Ethereum. From the perspective of the Dogecoin community and investors, Thumzup's multi-million dollar DOGE purchase and mining investment is a sign of growing confidence in the cryptocurrency's future. At the time of writing, the DOGE price is around $0.28.
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18 Sep 2025
Avalanche Selected for South Korea's First Won Stablecoin
South Korea-based crypto custody company BDACS has announced KRW1, the country's first local currency-collateralized stablecoin on the Avalanche network. The project, which is still in the proof-of-concept (PoC) phase, has not yet been released to the public due to regulatory uncertainty.According to a statement released by the company on Thursday, KRW1 is fully backed by South Korean won. BDACS stated that its technical feasibility has been successfully tested and that they chose Avalanche for its reliability and success in public sector applications.Each KRW1 token is 100% collateralized by won assets held at Woori Bank, one of the country's largest financial institutions. The integration with the bank allows users to verify their proof of reserves in real time. BDACS emphasized that they have created a transparent reserve structure using Woori's API infrastructure.The company also announced that it has developed a framework that goes beyond token issuance. In this context, a mobile application has been developed, including the stablecoin's issuance and management systems, allowing users to make peer-to-peer transfers and verify transactions.KRW1's goals include not only local use but also global adoption as a payment, investment, remittance, and deposit tool. In the long term, BDACS plans to launch this stablecoin in the public sector. KRW1 is planned to be tested specifically in emergency aid payments and local payment systems.Beyond Avalanche, BDACS aims to make KRW1 available on various blockchains. To this end, it is also exploring collaboration opportunities with US dollar-backed stablecoins such as USDT and USDC.Stablecoin Regulatory Uncertainty in South KoreaBDACS's launch comes at a time when the country's legal framework is still unclear. There are no specific regulations for stablecoins in South Korea, but the government is actively working in this area.President Lee Jae Myung advocates for supporting the local currency-pegged stablecoin market. Myung, emphasizing the importance of this for maintaining monetary policy sovereignty in the digital finance era, has facilitated the introduction of various bills in parliament.In contrast, the South Korean Central Bank believes that stablecoin issuance should be restricted to licensed banks only. The bank states that unregulated digital assets could undermine financial stability.BDACS's Strategic PositionWhile BDACS is still piloting the KRW1 project, it aims to play a leading role in the market once regulations are clarified. The company stated that it has a strong institutional infrastructure thanks to its collaboration with Woori Bank and global blockchain partnerships such as Avalanche, and that it views major technology companies as partners rather than potential competitors.According to the company's vision, KRW1 could become a significant stablecoin in the global digital economy. However, the biggest obstacle to this is likely to be the clarification of the country's stablecoin regulations.Following the development, the price of Avalanche's AVAX coin rose by 10 percent to $32.6.
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18 Sep 2025
DBS, Franklin Templeton, and Ripple Announce Partnership
DBS, Franklin Templeton, and Ripple have signed a noteworthy collaboration in the financial world. The three institutions have signed a memorandum of understanding (MoU) to develop trading and lending products with tokenized money market funds on the XRP Ledger. This step aims to both accelerate the integration of traditional financial institutions onto the blockchain and provide investors with stable returns and liquidity.Franklin Templeton's fund on the XRP LedgerAs part of the agreement, Franklin Templeton will tokenize its US dollar-denominated short-term money market fund and move it to the XRP Ledger under the name sgBENJI. DBS Digital Exchange (DDEx) will list the sgBENJI token alongside Ripple's stablecoin, Ripple USD (RLUSD). This will allow DBS clients to switch between the stablecoin and the yield-generating fund 24/7, allowing them to balance their portfolios even during volatile periods.Nigel Khakoo, Ripple's Head of Global Trading and Markets, described this collaboration as a "game-changer." Khakoo emphasized that investors can increase capital efficiency and liquidity by leveraging both a stablecoin and a tokenized fund within a trusted ecosystem. According to him, 2025 will go down in history as a period in which traditional financial institutions take unprecedented steps on blockchain. Source: Ripple.com DBS Digital Exchange CEO Lim Wee Kian similarly stated that tokenized securities play a significant role in increasing efficiency and liquidity in global markets. It was also stated that DBS may, in the future, offer sgBENJI holders the opportunity to obtain loans from banks or third-party platforms using their tokens as collateral. This will allow investors to access loans while holding their assets.Franklin Templeton's launch of its tokenized fund on the XRP Ledger creates an attractive platform for institutional investors thanks to this blockchain's low transaction fees and fast transaction capacity. In conjunction with Ripple's stablecoin, RLUSD, this structure could usher in a new era for repo transactions and tokenized collateral mechanisms. This initiative comes at a time when institutional investors are showing increasing interest in crypto assets. Data shared by Ripple shows that 87% of institutions plan to allocate funds to this area by 2025. Furthermore, the growing role of tokenized assets in global markets reinforces the importance of this collaboration. For example, banks based in Japan and Singapore are testing cross-border payments with multi-currency tokenized deposits, which points to the same trend.The partnership between DBS, Franklin Templeton, and Ripple builds a critical bridge at the intersection of traditional and digital finance. Investors will now have access to regulated, income-generating tokenized funds, in addition to crypto assets.
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18 Sep 2025
Solidus AI Tech Review and Price Analysis - September 17, 2025
Solidus Ai Tech (AITECH) Technical AnalysisOne of the AI-powered cloud computing projects, Solidus Ai Tech (AITECH), has been under pressure for quite some time. As of September 2025, the chart displays a clear falling wedge formation developing for nearly a year. This pattern often carries the potential for a bullish breakout. Narrowing Triangle Structure This wedge formation is clearly visible — downtrend resistance line at the top and a rising base trendline. The price is currently trading around the level at $0.032, just below the falling trendline. Volatility might be triggered as the wedge tightens. The range between the levels $0.034–$0.036 is crucial for a potential breakout in the short term. The next price targets will be $0.050 followed by $0.070 if the breakout is confirmed. These resistance levels worked well and saw intense sell pressure.According to a bearish scenario, the zone between the levels $0.0321–$0.0264 stands as a key support area which has seen support-resistance flips in recent weeks. Below this support, the lower border of the wedge formation and the ascending trendline intersect around $0.0210. The level at $0.0264, in particular, has historically attracted strong demand and worked as a reversal point.SummaryIf the wedge gets broken upward with strong volume, it could trigger a momentum-driven rally; yet, a breakdown may lead to heavy selling pressure. The levels $0.034 and $0.021 are main breakout points that will determine the next direction of the chart.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
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17 Sep 2025
STRK Comment and Price Analysis - September 16, 2025
STRK Technical AnalysisStarknet, an Ethereum layer-2 network, has now completed its final upgrade for BTC staking. Thus, Starknet users will be able to stake their BTC as of September 30. From the announcement, we learn that BTC holders will have 25% control power on the consensus, while STRK will have 75% of it. According to the same announcement, validators can now launch BTC staking pools and developers can already start integrating their protocols. Getting support from this news, STRK is now at the edge of a major breakout. Triangle Formation Analyzing the STRK chart on a daily time frame, we see that the coin has been printing a symmetrical triangle pattern for a long time. The price of the coin has been rejected from this level several times and it is now testing this zone again. Therefore, this zone stands as an important level for both resistance and potential volume increase. Horizontal support level is at $0.1140 and working well; the price has bounced from this support several times before, suggesting that the coin is in the final phase of consolidation. A breakout from here looks possible as long as the support holds. However, the price may pull back to the level at $0.0960 if the level $0.1140 breaks down, and this action could deepen the bearish move.The price of the coin is currently testing the upper border of the triangle formation at $0.1320–$0.1350. A strong breakout of this formation could propel the price toward the first target at the level $0.1589. A daily close above the level $0.1350, in particular, may signal a bullish move for market participants.Breaking of the downtrend would not only suggest the start of an uptrend but also signal the end of the long-lasting bearish momentum. The next major target will be the range between the levels $0.21 and $0.24 if the level $0.1589 is surpassed.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
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16 Sep 2025