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The cryptocurrency market woke up to a bullish day with Bitcoin hitting the $56,000 level after nearly 3 years. Although the longest bear market in cryptocurrency history has psychologically worn out investors, some cryptocurrencies have also seen serious increases with this rise of Bitcoin. One of these coins was the STX. STX rose more than 7 percent according to TradingView data. Which levels should we follow for STX? What are the resistance and support levels? Here are the details.
STX Price Analysis:
STX is almost 33% up in just three days. Today bullish movement even go on an STX price rose more than 7%. What are the support and resistance levels in STX, which has shown an incredible rise today while Bitcoin is on a downward trend?
Support level for STX is $2.9and resistance is at $2.26.
With Bitcoin surpassing $56,000 and money flowing into the market, altcoins are on the rise. With a possible correction in the market, we may see pullbacks in price levels.
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