Stacks

Strong

Edge

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/altcoins-stx-and-mnt-exhibit-strong-performance-in-crypto-trading" rel="noopener noreferrer nofollow">Altcoins STX and MNT Exhibit Strong Performance in Crypto Trading</a><br></p>
<p style="text-align: justify">The <a href="https://en.bitcoinhaber.net/bitcoins-long-term-target-revealed-83000-says-analyst" rel="noopener noreferrer nofollow">cryptocurrency</a> market has witnessed a significant upturn, sparking enthusiasm among altcoin investors. Notably, two blockchain projects, STX and MNT, have become the focal point for expectations in the market. With blockchain ecosystems advancing rapidly, these projects have gained momentum and investor interest.</p>
<h2 id="strength-in-stacks-signals-bullish-sentiment">Strength in Stacks Signals Bullish Sentiment</h2>
<p style="text-align: justify">In Stacks’ market analysis, the bulls have robustly held the $2.77 level, the 20-day EMA, indicating a consistent positive trend of buying on drops. The vigorous rally on March 10 showcases the bull’s resurgence, despite the bears’ persistent resistance. For a clear sign of an uptrend, buyers aim to elevate the price over $3.39, with potential targets at $4.58 and the key $5 threshold. Conversely, a dip below the 20-day EMA could suggest that the bulls are losing their grip, risking a decline to the 50-day SMA at $2.20.</p>
<h2 id="mantle-s-prospects-looking-up-as-bulls-maintain-edge">Mantle’s Prospects Looking Up as Bulls Maintain Edge</h2>
<p style="text-align: justify">Mantle, another altcoin making strides, experienced bearish pushback on March 8, where attempts were made to cap the rally at $1.15. However, buyers have successfully sustained the price above the vital $1 mark. Indications from the rising moving averages and an overbought RSI suggest that bulls currently dominate this market segment. If buyers propel the price beyond $1.15, a bullish trajectory towards $1.37 and eventually $1.50 is conceivable. However, if prices slip below the 20-day EMA of $0.91, the pair might retract to $0.85, or further to $0.80.</p>
<p style="text-align: justify">These analyses highlight key price levels that could determine the future direction of STX and MNT. Investors and traders are closely monitoring these thresholds to make informed decisions in anticipation of the market’s next big move.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/altcoins-stx-and-mnt-exhibit-strong-performance-in-crypto-trading" rel="noopener noreferrer nofollow">Altcoins STX and MNT Exhibit Strong Performance in Crypto Trading</a></h5>

Altcoins STX and MNT Exhibit Strong Performance in Crypto Trading

목차

BH NEWS

2024년 3월 10일에 게재된 다른 기사

Bulls Now Accumulating LINK on Major Exchange as They Prepare for Another 40% Spike to This Price

Is Artificial Superintelligence Inevitable by 2027?

Over 2.3 billion BlockDAG Coins Sold! Ethereum and Dogecoin Investors Take Notice

Has MATIC’s bull run started? What you need to know

What is Arbiscan and How Does It Support Arbitrum Operations?

Top Picks for March: Identifying Undervalued Altcoins

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!