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The Strike price has soared 34% in the last 24 hours to trade at $11.05 as of 12:30 a.m. EST on a 20,800% pump in trading volume to $411 million. Strike Price Attempts Parabolic Recovery After Sharp Correction The STRK/USD trading pair shows signs of a potential bullish reversal after experiencing a significant correction from its recent high. As of the latest session, STRK is trading at $11.051, with an intraday high of $12.4445 and a low of $10.8295. The token had previously surged to nearly $20, but a strong wave of selling pressure led to a sharp pullback. Now, the price appears to be forming a parabolic recovery, a pattern that often signals a renewed uptrend. The 50-day Simple Moving Average (SMA), currently sitting at $10.22, is acting as a key support level. If the price stays above this threshold, it could reinforce the strength of the ongoing recovery. STRKUSD Analysis Source: Dextools.io Meanwhile, the MACD (Moving Average Convergence Divergence) indicator dis...

A crypto strategist closely followed for well-timed altcoin predictions thinks one Ethereum (ETH) challenger is ripe to ignite big upside bursts. Pseudonymous analyst Bluntz tells his 275,500 followers on the social media platform X that Near (NEAR) has taken out the diagonal resistance of a falling wedge pattern on the three-day chart. A falling wedge structure is viewed as a bullish reversal signal as it suggests that buyers are stepping in to decrease the rate of an asset’s price decline. Says Bluntz, “Three-day candle about to close and NEAR has a beautiful trend break now.” Source: Bluntz/X Zooming in, Bluntz says NEAR appears to be following in the footsteps of fellow layer-1 protocol Sui (SUI), an altcoin that has printed gains of about 120% this month. “NEAR finally coming in hot with a channel breakout. In environments like these, they usually indicate a huge breakout move is underway.” Source: Bluntz/X At time of writ...