Stacks (STX), which gained solid momentum as Bitcoin (BTC) jumped above $42,500, increased by more than 25 percent.
Stacks (STX), which exploded as BTC started to recover after the decline, increased by 26.32 percent within hours. STX, also known as the only cryptocurrency approved by the SEC, continues to come to the fore with its recent price movements. A dollar level, which is a critical psychological and technical resistance, appears to have been surpassed by STX for now. At the same time, it increased expectations by ranking fourth on the “Top Rising” list.
Can we continue to watch sharp increases on the STX side? How are things progressing on the technical analysis side?
It’s one of the first stops for pickup!
When we look at the recent intermediate declines, we see that STX has recovered quickly. This reveals the crypto investor’s interest in the project. STX, which increased in volume by jumping up at the slightest upward signals of BTC, demonstrated this movement again. The popular coin, which has increased by 26.32 percent in the last 24 hours, is traded at $ 1.0877 as of writing the news.
Positive news about the SEC, BTC continuing its upward movement or the withdrawal of BTC dominance will be a driving force for STX. In such a scenario, increases to 1.1738 – 1.2559 – 1.3481 and 1.4631 dollars can be observed, respectively. In a period where things go wrong, buyer reaction can be expected first at the levels of 1.0512 and 0.9737 dollars. Afterwards, critical support levels will be 0.8825 – 0.8363 – 0.7735 and 0.6710 dollars respectively.
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