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Therefore, the path of the least resistance for STX price is downwards, with the next key level to watch being at $0.60. The coin is slightly above the key support point at $0.6720. The coin remains below the 50-day moving average and the key support point at $0.78. It jumped to a high of $1.314 and has now erased most of those gains to trade at $0.72. Stacks surged earlier this year after the launch of Bitcoin Ordinals. As such, developers can build applications that take advantage of Bitcoin to handle transactions. It solves an important challenge in that Bitcoin does not have smart contract capabilities. Stacks is a leading blockchain project that seeks to create a Bitcoin layer for smart contracts. Therefore, it seems like bears have the momentum, which could see it crash to the next support at $1.80. Optimism also remains below the 25-day and 50-day exponential moving averages and the support at $2, the lowest point on March 27. It has also formed a head and shoulders pattern. OP price has been in a steep sell-off this week as it dropped below the key support at $2.07, which was the lower side of the descending triangle pattern. It competes with other well-known blockchains like Arbitrum and Polygon. Optimism is one of the biggest layer-2 networks in the blockchain industry. A drop below the key support at $0.7070 will invalidate the bullish view. This price is about 3.50% above the current level. Therefore, it seems like the coin will continue rising in the coming days as buyers target the next key resistance point at $0.073, the highest level on February 20. It also moved above the important resistance point on $0.069, the highest point in March.
On the four-hour chart, the coin has jumped above the 25-day and 50-day moving averages. It jumped to a high of $0.070, the highest point since February. Tron price has been in a strong bullish trend in the past few days. This crypto price prediction will look at Tron, Optimism, and Stacks. Meme coins like Pepe and Floki Inu soared after being listed in Binance while Sui jumped and then dumped. Meme coins like Pepe and Floki Inu surged after their Binance listing.Ĭryptocurrencies were relatively mixed this week as Bitcoin remained stubbornly below $30,000 and Ethereum below $2,000. This means that this asset is not suited as a new addition to your portfolio as trading in bear markets, especially for less experienced traders, is always harder.Cryptocurrency prices were mixed, with key coins like Bitcoin moving sideways. This means that if you invested $100 now, your current investment may be worth $52.134 on 2024 June 22, Saturday.
These predictions take several variables into account such as volume changes, price changes, market cycles, similar coins.įuture price of the asset is predicted at $0.38891911200724 ( -47.866% ) after a year according to our prediction system. Our site uses a custom algorithm based on Deep Learning that helps our users to decide if STX could be a bad portfolio addition for the future.
Stacks has been showing a rising tendency so we believe that similar market segments were very popular in the given time frame. 1 year STX Forecast: 0.38891911200724 * About the Stacks cryptocurrency forecastĪs of 2023 June 22, Thursday current price of STX is $0.746 and our data indicates that the asset price has been in an uptrend for the past 1 year (or since its inception).
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