{"id":612897,"date":"2024-12-24T14:56:29","date_gmt":"2024-12-24T14:56:29","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=612897"},"modified":"2024-12-24T14:56:29","modified_gmt":"2024-12-24T14:56:29","slug":"crypto-all-stars-price-prediction-as-stars-surges-back-with-43-pump-this-parabolic-meme-coin-rival-heads-for-36m","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/crypto-all-stars-price-prediction-as-stars-surges-back-with-43-pump-this-parabolic-meme-coin-rival-heads-for-36m","title":{"rendered":"Crypto All-Stars Price Prediction: As STARS Surges Back With 43% Pump, This Parabolic Meme Coin Rival Heads For $36M"},"content":{"rendered":"

The Crypto All-Stars price jumped 43% in the last 4 hours to trade at $0.000933 as of 04:08 a.m. EST on trading volume that soared to $9 million.<\/span><\/p>\n

Crypto All-Stars Price On A Bullish Trend Reversal<\/h2>\n

The Crypto All-Stars price chart, on a 5-minute timeframe, highlights a falling wedge formation. This pattern, marked by converging trendlines, suggests potential price compression and indicates a likely breakout scenario. After a steep sell-off earlier in the session, the price entered a consolidation phase within the wedge, showcasing lower highs and higher lows.<\/span><\/p>\n

The current <\/span>STARS price<\/span><\/a> is $0.0009333, showing minor gains as it approaches the wedge’s resistance line, according to GeckoTerminal data. Historically, descending wedges are bullish reversal patterns, especially if accompanied by a breakout above the upper trendline. The upward move near the end of the chart suggests a breakout might already be in progress.<\/span><\/p>\n

The 200-period moving average lies below the price at $0.00086901, acting as a support level.<\/span><\/p>\n

The Relative Strength Index (RSI) currently sits at 65.86, nearing the overbought threshold of 70. This suggests growing buying momentum but also signals caution for potential profit-taking if RSI crosses into overbought territory.<\/span><\/p>\n

Given the technical setup, STARS\/USD is showing signs of breaking out of the descending wedge pattern. If the Crypto All-Stars price successfully closes above the resistance trendline, it could target the next psychological resistance levels around $0.001000 or $0.001200.<\/span><\/p>\n

\"Crypto
STARSUSD Chart Analysis Source: GeckoTerminal<\/figcaption><\/figure>\n

On the other hand, failure to sustain above the breakout level might lead to a retest of the support at $0.000869 or the lower wedge boundary.<\/span><\/p>\n

Meanwhile, investors are piling into a new frog-themed Pepe derivative called <\/span>Wall Street Pepe (WEPE)<\/span><\/a>, which crypto influencer ClayBro, with over 134k subscribers, predicts will soar 100X after launch.<\/span><\/p>\n