3 Altcoins to Consider Selling Now: PYTH, KAS, and STX

  • Pyth Network’s short-term volatility may hinder potential long-term gains for investors.

  • Kaspa’s bearish trend shows strong selling pressure, prompting cautious investor sentiment.

  • Stacks’ recent decline raises concerns despite historical Q4 performance in Bitcoin’s ecosystem.

Pyth Network (PYTH), Kaspa (KAS), and Stacks (STX) are flashing bearish signals in the current market conditions. These altcoins have experienced significant price drops and increased volatility.

As is the case with most high-risk assets, the altcoin market also moves quickly, and investors must constantly decide whether to buy, hold, or sell their assets. 

Pyth Network (PYTH): Rising Potential, But Short-Term Volatility

Pyth Network provides decentralized financial market data. Its metrics look promising and suggest it may eventually surpass Chainlink. However, PYTH is in a downward trend, with its price falling by 2.62% in the last 24 hours to $0.3391.

Source: Coinmarketcap

Key resistance at $0.3482 and support at $0.31 indicate that the token is facing pressure from both sides. With a sharp decline earlier in the day from $0.3482 to $0.31, the token seems to be in a sell-o…

The post 3 Altcoins to Consider Selling Now: PYTH, KAS, and STX appeared first on Coin Edition.