Starlink Price Forecast: STARL Pumps 116% As Alpha Investors Push This Sensational Presale To $2.5 Million

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The Starlink (STARL) price has risen 116% in the past 24 hours to trade at $0.0000064 at 6.30 a.m. EST.

The Metaverse token has posted over 794% and 686% gains over the last 30 days and three months, respectively. Its 24-hour trading volume has also increased more than 230% to $65 million, according to data from CoinMarketCap.

STARL features among the top crypto gainers of Oct. 27.

🔥 https://t.co/8kWqgEeplL Top 5 Daily Gainers (October 27th)

⭐️ Top Gainers List ⭐️
🔸 $STARL +114.41%
🔸 $SPURS +44.21%
🔸 $AURORA +41.59%
🔸 $XMON +38.23%
🔸 $MYRIA +30.60%

Trade Here👉 https://t.co/Gs1d4s4Re4 pic.twitter.com/2vKmbbEw3H

— Gate.io (@gate_io) October 27, 2023

Starlink Uptrend on Track As Bulls Eye 100% Gains

STARL turned away from the $0.000013 resistance line on Oct. 22, plummeting approximately 80% before finding solace from the $0.000002660 demand zone, embraced by the 200-four-hour Exponential Moving Average (EMA).

The token traded above this level for two days, with the 100 EMA acting as resistance on the upside. The Starlink price finally broke out of this consolidation on Thursday, flipping the 100 EMA and the 50 EMA back into support, rising 145% to the current price.

When writing, the price was fighting resistance from the $0.00000710 level on the four-hour chart. A four-hour candlestick close above this level would see the price rise toward the $0.0000080 psychological level.

Overcoming resistance from this level would bolster the buyers to collect the supply-side liquidity above that, pushing the Starlink price back to $0.0000129. Such a move would represent a 104% uptick from the current price.

STARL/USD Four-hour Chart

Starlink Price Chart - OCT 27 — TradingView Chart: STARL/USD

This positive outlook was supported by the northward-bound Relative Strength Index (RSI) as it moved above the middle line in the positive region. The price strength at 65 reinforced the buyers’ dominance in the market.

Also, note that the STARL price sat on strong support at around $0.00000266. This seems to be a strong support zone for the altcoin, given that the last time the price bounced off this area, it rallied 378% to $0.000013. Increased buying from this area could scale Starlink higher.

STARL Alternatives

Starlink is not the only crypto capturing the interest of investors today. Bitcoin Minetrix (BTCMTX) has captured the attention of crypto enthusiasts over the last month, garnering more than $2.45 million in presale.

Celebrating another achievement at #BitcoinMinetrix!

Surpassing the $2,400,000 mark! 🎉 pic.twitter.com/zDmc7wlKAs

— Bitcoinminetrix (@bitcoinminetrix) October 27, 2023

Bitcoin Minetrix (BTCMTX) is a new blockchain project introducing a novel staking-based model that opens crypto mining to more users.

Unlike most mining platforms requiring a lot of electricity, expensive hardware and expertise, Bitcoin Minetrix will enable earning passive mining rewards by simply staking BTCMTX tokens. This provides easy access to crypto mining.

The $BTCMTX #Token, when utilised in an #Ethereum based smart contract, functions as the key to unlock #Bitcoin cloud mining. 🔓

Users can easily buy and use #BTCMTX tokens to acquire cloud mining credits, which can be exchanged for hashing power. ⛏️ pic.twitter.com/dQv3FsED2v

— Bitcoinminetrix (@bitcoinminetrix) October 26, 2023

Bitcoin Minetrix seeks to simplify crypto mining by partnering with major cloud mining companies and distributing profits to BTCMTX token stakers.

Once the presale concludes, the Bitcoin Minetrix team will list the BTCMTX token on leading centralized and decentralized exchanges. This is expected to improve liquidity and accessibility.

Analysts have noted Bitcoin Minetrix’s potential for growth with the expanding crypto mining sector. The project offers an appealing opportunity at current presale prices of $0.0112 per token.

Utilizing a staking model and cloud mining, Bitcoin Minetrix removes the hurdles typically associated with crypto mining. This allows more individuals to participate and earn rewards.

As crypto-mining gains adoption, user-friendly platforms like Bitcoin Minetrix that lower entry barriers could see increased interest. With momentum building in presale, the project appears well-positioned moving forward.

Visit Bitcoin Minetrix here for more details.