Notcoin

Satoshi

Spike

StormX

<p>The price of StormX has pumped by more than 40% in the past 48 hours. This rapid increase has brought some attention to the token.</p>
<p>The spike was triggered by a breakout from a descending trendline that had been a resistance to price since March.</p>
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<p><a href="https://coinmarketcap.com/currencies/stormx/" target="_blank" rel="noopener noreferrer nofollow">STMX price</a> closed above the trendline 2 days ago, and this brought a lot of buy pressure that spiked the price up.&nbsp;</p>
<p>This rush to push the price up could have been motivated by the project’s reputation of being one of the first global crypto-based solutions to get launched.</p>
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<p><em><strong>Read Also: <a href="https://captainaltcoin.com/optimism-op-looks-ready-for-3x-spike-as-key-level-holds-ondo-price-could-reverse-at-this-strong-support/" target="_blank" rel="noopener noreferrer nofollow">Optimism (OP) Looks Ready for 3x Spike as Key Level Holds; ONDO Price Could Reverse at This Strong Support</a></strong></em></p>
<p>Following the breakout from the descending trendline. The price broke out of price resistance at $0.006961. The price has also retested that point as support and is now aiming for the next major resistance at around $0.0082.</p>
<p>If that resistance breaks, then we could see another spike to $0.0088.&nbsp;The value of RSI is currently 80, which means it is overbought. We could see the price retrace back to the support at around $0.006961 before it continues.&nbsp;</p>
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<p>The post <a href="https://captainaltcoin.com/why-is-stormx-stmx-crypto-price-pumping-here-are-the-next-key-levels/" rel="noopener noreferrer nofollow">Why Is StormX (STMX) Crypto Price Pumping? Here Are the Next Key Levels</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why Is StormX (STMX) Crypto Price Pumping? Here Are the Next Key Levels

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