Starknet Price Jumps to Overbought Territory, Trading Volume Surges

The Starknet price continues its upward momentum, pushing its daily RSI to 74.6, firmly placing it in overbought territory. The price has also closed above the daily Bollinger upper band and flipped the daily MACD histogram positive.

On the hourly chart, the EMA stack is bullish, but the 15-minute RSI has already cooled down to 62.3, warning that stretched momentum rarely moves in a straight line. The Starknet chain-wide DEX trading volume hit $25.66 million in 24 hours, with Ekubo and Nostra Pools posting triple-digit percentage gains.

The Fear & Greed Index reads 65 (Greed), while the total crypto market cap slipped 2.79% to $2.89 trillion. The broader market is not offering a tailwind, but Starknet chain activity is accelerating.