Is SHIB targeting a trendline breakout rally? Check forecast

Key takeaways

  • SHIB has reclaimed the $0.000010 level as meme coins rally higher
  • The memecoin could rally to the 4-hour ILQ at $0.000011 in the near term.

SHIB trades above $0.000010 as memecoins rally

The cryptocurrency market is having a positive start to the week, with Bitcoin, Ether, and XRP all in the green. Leading memecoins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) are regaining momentum and have recorded excellent gains over the last 24 hours. 

The rising retail interest in SHIB and other leading memecoins backs the short-term recovery, with the bulls expecting further gains. SHIB is currently the second-largest memecoin by market cap and is now trading above $0.000010 per coin.

According to CoinGlass, the futures Open Interest (OI) of DOGE, SHIB, and PEPE have increased by 4%, 2% and 3%, respectively, in the last 24 hours, reaching $1.53 billion, $72.99 million, and $200.53 million. This increase in existing futures contracts suggests that investors are increasing their exposure to SHIB and the other leading memecoins, expecting a rally in the near to medium term. 

SHIB eyes the $0.000011 liquidity zone

The SHIB/USD 4-hour chart is bearish and efficient despite Shiba Inu performing positively over the last seven days. The technical indicators on this timeframe have switched bullish, suggesting that buyers are currently in control.

The RSI of 58 is above the neutral 50, indicating a switch to the bullish trend on the 4-hour timeframe. The MACD lines are also within the positive zone, confirming the switch to a bullish bias a few days ago.

At press time, SHIB is trading at $0.000010, which is close to the 200-period EMA on the 4-hour price chart. The rising demand could see this experience a breakout rally over the next few hours or days. 

If the bulls keep SHIB’s price above the 200-period EMA at $0.00001029, it would confirm the trendline breakout. A bullish run would allow SHIB to grab the Inducement Liquidity (ILQ) at $0.00001175 in the near term. An extended rally would bring the TLQ and resistance level of $0.00001213 into focus. However, if the market reverses, SHIB could decline and retest the 50-period EMA at $0.00000971.

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Starknet (STRK) price soars 30%, but why is the altcoin rising?

  • Starknet (STRK) price technical breakout signals bullish momentum with new resistance near $0.214.
  • Bitcoin staking and BTCFi incentives drive STRK adoption and network growth.
  • S-Two prover deployment has also boosted throughput, privacy, and decentralisation on Starknet.

Starknet (STRK) price has surged dramatically in recent days, catching the attention of traders and crypto enthusiasts alike.

The altcoin has gained more than 30% in just 24 hours, fueled by a combination of technological upgrades, strategic integration with Bitcoin, and renewed market optimism.

This sudden upswing has sparked questions about what is driving STRK’s momentum and whether the altcoin can sustain its gains in the near term.

Bitcoin staking boosts STRK utility

One of the primary drivers behind the rally is Starknet’s BTCFi initiative, which allows Bitcoin (BTC) holders to stake their BTC and earn STRK rewards while maintaining custody.

The program has already attracted significant capital, with over $200 million staked on the network, including 880 million STRK and 835 BTC, according to the latest reports.

By tapping into Bitcoin’s massive $2.1 trillion market capitalisation, Starknet positions STRK as a key rewards token and a practical asset for paying network fees.

The BTCFi ecosystem expansion not only strengthens Starknet’s liquidity but also enhances its cross-chain utility.

Investors are closely monitoring total value locked (TVL) in Bitcoin staking, which currently sits at around $1.5 billion, to gauge continued adoption and the altcoin’s potential growth.

The influx of BTC and STRK into the network has bolstered confidence in the protocol’s future, creating a clear catalyst for the recent price surge.

S-Two Prover accelerates adoption and decentralisation

Another major factor propelling STRK is the deployment of StarkWare’s next-generation S-two Prover.

Released on the mainnet a few days ago, this open-source zero-knowledge proof system is designed to increase throughput, reduce verification costs, and strengthen decentralisation.

By producing validity proofs for every block up to ten times faster than its predecessor, the S-two prover allows real-time verification of off-chain transactions and supports new types of applications, from private DeFi protocols to zk-secured games and verifiable AI.

S-two is designed to operate efficiently even on consumer hardware, meaning that anyone can participate in the network without relying on centralised data centres.

This advancement not only improves network security and censorship resistance but also significantly enhances user experience.

The combination of speed, privacy, and accessibility makes Starknet a more compelling platform for developers and investors alike, contributing directly to bullish sentiment surrounding STRK.

Market analysts also note that the recent surge is supported by optimism surrounding Starknet’s v0.14.0 upgrade.

The update introduces distributed sequencers, 6-second blocks, and EIP-1559-style fee burns, all of which improve decentralisation and network efficiency.

While early migration caused temporary outages, the upgrade underscores Starknet’s commitment to building a secure, scalable Layer 2 ecosystem that can interact with both Ethereum and Bitcoin.

Technical breakout fuels the STRK price rally

From a technical perspective, STRK has confirmed a major bullish breakout.

The altcoin surpassed the 38.2% Fibonacci retracement level at $0.1343 and remains above the 30-day simple moving average of $0.1216.

Starknet price chart
Starknet price chart | Source: CoinMarketCap

Momentum indicators such as the RSI and MACD show strong upward trends, signalling that the altcoin has invalidated much of its previous yearly downtrend.

With resistance set near $0.214, traders should closely watch whether the current momentum can push STRK to new highs.

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HBAR retests $0.20 resistance level amid Hedera price breakout

  • HBAR retests downward channel resistance at $0.20 amid Hedera price breakout
  • Retest of key resistance level could see the altcoin explode in coming weeks.
  • A bullish crypto market amid macroeconomic tailwinds and ETF buzz could help HBAR price.

Hedera’s native token, HBAR surged more than 14% in 24 hours as of writing to break to $0.19 amid fresh upside momentum.

As the asset hovers near the critical technical level of $0.20, a sustained rally could take bulls to $0.29 or higher in the coming weeks.

Hedera price gains as markets bounce

The cryptocurrency sector experienced a robust rebound on November 10, 2025, propelled by renewed optimism in risk assets.

Much of the early upside that pushed Bitcoin to highs above $106,000 and HBAR to near $0.20 followed a pivotal US Senate agreement to avert a protracted government shutdown.

After 40 days of fiscal uncertainty that had weighed heavily on global markets, a compromise to advance a funding bill to reopen federal agencies through January is on the table.

This deal, which includes a future vote on extending Affordable Care Act subsidies, has alleviated fears of economic disruption, injecting fresh liquidity into equities and digital assets alike.

Bitcoin (BTC), the market bellwether, spearheaded the surge, reclaiming the $106,000 mark with a 4% intraday gain.

This marked a sharp reversal from weekend lows near $99,000, which coincided with nearly $1.2 billion in weekly outflow from exchange-traded products.

The recovery reflects stabilizing sentiment post-deleveraging, with BTC’s momentum spilling over to altcoins.

HBAR price outlook

As noted, the uptick in crypto aligns with general market gains.

Hedera, which surged amid approval for the HBAR ETF recently, capitalized on the mega-cap tokens’ uptick.

On the day, HBAR surged more than 12%, climbing from lows of $0.17 to hover near $0.20.

Meanwhile, over the past week, HBAR has rebounded 8%.

Technically, HBAR’s ascent has brought it squarely to the upper boundary of a multi-month downward channel.

Bears have shown strength upon multiple retests of the upper resistance boundary, with the latest meeting point near $0.20.

This level, etched from the July highs of $0.30, coincides with the 50-day exponential moving average (EMA).

Currently, the EMA is near $0.1930, which means the area can be a formidable confluence for sellers.

Chart patterns indicate HBAR has traced a descending trajectory since July, with repeated lower highs and lower lows reinforcing bearish control.

However, the current probe at $0.20, amid elevated short interest and a daily volume surge of 122%, hints at a likely breakout.

HBAR Chart
Hedera price chart by TradingView

Bears appear poised to defend this zone aggressively, potentially triggering a retracement to prior support levels.

A decisive close above $0.20, with sustained volume, could invalidate the bearish channel.

This breach would signal a shift toward a bullish flag resolution, with momentum indicators like the Relative Strength Index (RSI) hinting at a rally to $0.29.

The mark is a prior resistance from late July.

However, a breakdown below $0.20 could accelerate selling toward the channel’s lower trendline.

The middle point is around $0.16-$0.14, while a deeper rout would mean a retest of $0.12.

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