Stacks

Sherpa

Bonk

Rise

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/altcoin-sherpa-predicts-rise-for-stacks-stx-and-comments-on-other-cryptos/" data-wpel-link="internal">Altcoin Sherpa Predicts Rise for Stacks (STX) and Comments on Other Cryptos</a> 
Crypto currency markets’ well-known analyst <a href="https://en.coin-turk.com/elon-musks-ai-chatbot-grok-shares-2024-predictions-for-bitcoin-solana-and-el-hippo/" data-wpel-link="internal">Altcoin</a> Sherpa shared his bullish predictions for an altcoin operating within the Bitcoin (BTC) ecosystem. 
<h2 id="opportunity-to-enter-stx">Opportunity to Enter STX</h2> 
The crypto currency analyst, known by the pseudonym Altcoin Sherpa, told his followers on social media platform X that Stacks (STX) has more upside potential, stating the following: 
<blockquote> 
 An entry at around $1.75 for STX would have been perfect. Eyes on this altcoin. I think there’s a lot of room to really work. 
</blockquote> 
Sharing the crypto currency’s chart, the analyst suggested that STX may retest the $1.73 support level before rising. Stacks aims to enable smart contracts and decentralized <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude">finance</a> (DeFi) applications on Bitcoin. STX reached a low of $1.68 in the last 24 hours and was trading at $1.90 at the time of writing. The senior analyst later emphasized his belief that Sei Network (SEI), a competitor to Solana (SOL), remains in an uptrend, stating the following: 
<blockquote> 
 I would like to see SEI return to the 0.382 ($0.58) level from its current position and consolidate as it did around $0.22. The uptrend continues until proven otherwise, but some cooling off wouldn’t be a surprise. 
</blockquote> 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-301492 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/01/stc.jpg" alt="" width="1200" height="673"> 
<h2 id="price-analysis-for-bonk">Price Analysis for BONK</h2> 
Moreover, SEI was trading at $0.78, up 17% in the last 24 hours at the time of writing. Lastly, the analyst concluded his remarks by stating that the meme token Bonk (BONK) could soon reach two higher price targets: 
<blockquote> 
 It makes sense for BONK to bounce from its recent low. I personally did not invest. If you’re coming from above (or below), I think you’ll eventually catch a good opportunity for a dead cat bounce. I would be a seller around $0.0000163 and also $0.0000180. 
</blockquote> 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/altcoin-sherpa-predicts-rise-for-stacks-stx-and-comments-on-other-cryptos/" data-wpel-link="internal">Altcoin Sherpa Predicts Rise for Stacks (STX) and Comments on Other Cryptos</a></h5>

Altcoin Sherpa Predicts Rise for Stacks (STX) and Comments on Other Cryptos

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