Stacks

Cardano

Solana

Chainlink

mirror

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. 
Solana (SOL) is down, shaking investor confidence, with some having anticipated the altcoin to reach $200. However, an analyst remains optimistic about further gains.&nbsp;Another analyst predicts that the Pullix presale token could soon reach $0.1.&nbsp;Meanwhile, Stacks proponents aim to regain the $2 price level. 
<h2 class="wp-block-heading" id="pullix-bulls-target-0-1">Pullix bulls target $0.1</h2> 
<a target="_blank" href="https://pullix.io" rel="noreferrer noopener">Pullix</a>&nbsp;recently rose to $0.08.&nbsp; 
Pullix combines aspects of decentralized (DEX) and centralized (CEX) exchanges, providing users with a comprehensive trading experience.&nbsp; 
It offers a range of tradable assets, including cryptocurrencies, commodities, indices, currencies, and stocks. 
 You might also like: <a href="https://crypto.news/pullix-rises-as-cardano-and-chainlink-add-to-altcoin-dominance/"> Pullix rises as Cardano and Chainlink add to altcoin dominance </a> 
PLX, the ERC-20 token, plays a crucial role by powering the platform’s features. 
Pullix introduces the “trade-to-earn” mechanism, allowing token holders to earn a daily share of their profits.&nbsp; 
Furthermore, Pullix incorporates an AI-powered copy trading tool. Leveraging artificial intelligence, Pullix enables traders to mirror the trading strategies of experienced experts.&nbsp; 
Users can enhance their profitability and make more informed decisions by emulating their successful trading patterns. 
PLX is trading for $0.08 in its sixth presale stage, but analysts expect the token to reach $0.10. 
<h2 class="wp-block-heading" id="solana-retraces">Solana retraces</h2> 
A cryptocurrency analyst has predicted that Solana will continue to rise despite a recent price correction.&nbsp; 
The altcoin has lost favor with some investors after its recent drop to $90.&nbsp; 
The analyst believes SOL is forming a triangle pattern, which could signal an upward trend. 
 You might also like: <a href="https://crypto.news/hkvac-revises-key-crypto-index-solana-replace-ripple/"> HKVAC revises key crypto index, Solana to replace Ripple in ranking shakeup </a> 
However, he cautions that the pattern is unusual, and a price drop is possible.&nbsp; 
The analyst remains optimistic about Solana’s prospects as long as the recent pullbacks are corrective.&nbsp; 
Solana’s price has <a href="https://www.coinlore.com/coin/solana" target="_blank" rel="noopener">fluctuated</a> between $87.74 and $106.55 in the past week. 
<h2 class="wp-block-heading" id="stacks-analysts-optimistic">Stacks analysts optimistic</h2> 
Stacks rose 664% over the past year, outperforming many other cryptocurrencies despite the market downturn.&nbsp; 
This surge can be attributed to a combination of factors, including growing excitement surrounding Bitcoin ETFs and Stacks’ role as a layer-2 solution for Bitcoin. 
Currently, STX is trading between $1.47 and $2.04. 
Prices rose 97.2% on the monthly chart and 15.3% on the weekly chart.&nbsp; 
Bulls are driving the price towards the $1.80 resistance level. Overcoming this obstacle could propel the altcoin to $1.95. 
This upward momentum is supported by a rising RSI of 62, indicating increased buyer dominance.&nbsp; 
Stacks’ technical indicators suggest a favorable market environment with upward-moving moving averages.&nbsp; 
If the bulls break through $1.95, the next target could be $2. 
<h2 class="wp-block-heading" id="finally">Finally</h2> 
Solana and Stacks are recovering and attempting to retest previous price levels. Meanwhile, analysts are bullish on Pullix ahead of its January launch. The project promises to provide traders a smooth trading experience and access to a wide range of assets.&nbsp; 
 Read more: <a href="https://crypto.news/pullix-rises-as-cardano-and-chainlink-add-to-altcoin-dominance/"> Pullix rises as Cardano and Chainlink add to altcoin dominance </a> 
 Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Analysts bullish on Solana and Pullix, Stacks targets more gains

Table of Contents

crypto.news

Other articles published on Jan 15, 2024

HYTOPIA: A New Era in the Metaverse with Strategic Expansion and Technological Advancements

Forza Motorsport: Turn 10 Studios Confront Game’s Critical Flaws

Wall Street giant Morgan Stanley predicts CBDCs to challenge US dollar dominance

Indian Crypto Industry Faces Challenges, Seeks Stability

Dogecoin Millionaire says his Next 100x tokens are Bonk and Retik Finance (RETIK)

Lotte Data Communication showcases metaverse and EV charging platform at CES 2024

Join our free newsletter for daily crypto updates!