Stacks (STX) became a trending cryptocurrency, especially after surging by 125% during the past month, and with such bullish on-chart metrics, it grabbed the attention of analysts, especially surrounding the future potential of the network. Pullix (PLX) also saw a major upswing with the momentum of its presale after cruising into stage 4. The TradFi platform could reach new heights in the upcoming months. 

Pullix (PLX) to Provide Massive ROI for Those Who Jump Into Its Crypto ICO

Pullix (PLX) is an upcoming exchange platform that will combine elements found in CEXs and DEXs. This approach will ensure high liquidity and massive security without fees and with narrow spreads.

Unlike other exchanges available today, Pullix will stand out by offering derivatives and crypto trading all from a single account, which is accessible without any KYC procedures. On top of this, anyone can access advanced features, like Copy Trader, to ensure that they can follow the top leaders on the platform and profit even without too much prior experience.

PLX is the native crypto of the Pullix platform and will provide a massive level of utility for holders. For example, they will be able to access rewards and get promotions, offers, and cashbacks. VaultX will be a part of the ecosystem as well, this is a Decentralized, Multichain Yield Optimizer that allows its users to earn compound interest on their crypto holdings. 

Anyone will also be able to provide liquidity to the automated market makers (AMMs) in order to get fixed monthly passive income. These aspects make it one of the best cryptos to buy now during its crypto ICO.

Stacks (STX) Bullish According to Captain Crypto Analyst Jorn Van Zwanenburg

Stacks (STX) saw a major upswing, as its value moved up by 125% in the past month. During the past two weeks alone, Stacks is up by 57.5%. Its value moved from $1.17 to $1.62 during the past week, marking a monumental milestone for the crypto, as it’s now just 55% under its all-time high. The STX crypto reached its ATH on December 1, 2021, at $3.39.  

Captain crypto analyst Jorn van Zwanenburg recently posted how Stacks is a leader, and pioneer in the Bitcoin Economy sector. Based on the latest on-chart data, the future of the crypto is bullish, and according to the Stacks price prediction, it can reach $2.63 by the end of 2024.

Summary

Aside from Stacks, the crypto ICO of Pullix has gained a significant level of attention. It’s currently at Stage 4, where a single PLX token is offered at $0.046. So far, the presale has powered through stage 3, as a lot of whales have begun to accumulate the crypto. 

Through seamlessly blending the best elements of CEXs and DEXs into a unified platform and introducing different earning systems, Pullix is positioned to become a major player in the industry. As a result, it’s one of the best cryptos to buy now.

For more information regarding Pullix’s presale see links below:

Visit Pullix 

Join The Pullix Communities

In a surprising turn of events, Stacks (STX) has emerged as a standout performer in the midst of a generally bearish market.

The project’s official account, Stacks Status X, recently shared an update acknowledging network congestion resulting from a new project aiming to bring Ordinals and Stacks closer together. This development has led to heightened fees and increased congestion within the network.

An exciting new project bringing Ordinals and Stacks closer together launched this weekend. We're thrilled to see it, but flagging that as a result, the network is seeing increased fees and likely congestion. More

— Stacks Status (@stacksstatus) December 17, 2023

Similar congestion and elevated fees have been observed on the Bitcoin chain, reflecting the interconnected nature of blockchain networks. Despite these challenges, the Stacks team has received support from contributors looking to enhance user experience and network efficiency. Traders are cautioned to anticipate further increases in STX fees while the network adjusts to the heightened demand.

Against the backdrop of a widespread market retreat over the past month, Stacks has defied the trend, showcasing an impressive 12% gain today. Notably, $STX reached a 24-hour high at $1.175, signaling resilience amid the prevailing bearish sentiment.

Intriguingly, reports have surfaced about Bitcoin enthusiasts engaging in heavy mints on Stacks Layer 2 (L2). This activity led to blocks experiencing 8x-10x more transactions on the network, as disclosed by Muneeb, co-creator of Stacks, on X.

GM to the Bitcoin degens who did heavy mints on Stacks L2 yesterday.

It was great to see blocks with 8x-10x more transactions. The bulk of throughput improvements will go live with the Nakamoto release and WASM.

— muneeb.btc (@muneeb) December 18, 2023

Over 10,370 Transactions Hosted On Stacks

The Bitcoin smart contract layer on Stacks achieved a milestone with block 132,377 hosting 10,371 transactions – the highest ever recorded on the Stacks network. This surge was primarily driven by STX20 inscription minting activity on the Stacks platform.

The Bitcoin smart contract layer Stacks contained 10,371 transactions in block 132,377, or the most transactions ever in a block on Stacks, driven primarily by STX20 inscription minting activity on the Stacks. Stacks token STX also gained 8% as a result. https://t.co/2qMEh3AJ1j

— Wu Blockchain (@WuBlockchain) December 18, 2023

As a testament to the heightened interest, STX’s 24-hour trading volume has surged by an impressive 260%. The positive momentum surrounding Stacks amid broader market challenges showcases the dynamic nature of cryptocurrency markets and the potential for select projects to buck prevailing trends. Investors and enthusiasts are closely monitoring how Stacks navigates these developments and sustains its momentum in the coming days.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects.

Follow us on Twitter @thevrsoldier to stay updated with the latest Crypto, NFT, and Metaverse news!

Three altcoins have surged in the past week, recording double-digit gains as traders look forward to the upcoming market rally. The coins include Stacks, Cardano, and NuggetRush (NUGX).

Surprisingly, NuggetRush is a new coin compared to Stacks and Cardano. It is currently in the presale phase and is one of the new ICOs gaining attention in the crypto sector. Let’s learn more about this project.

>> Buy NuggetRush Now <<

NuggetRush (NUGX), a Top Mining Adventure Game

NuggetRush (NUGX) is an exciting mining adventure game that caters to players of all skill levels. In this game, participants face challenging competition as they strive to establish thriving mining businesses. NuggetRush introduces professional entrepreneurs and artisanal miners to the platform in the form of NFTs. 

These individuals are essential in assisting players in establishing profitable mining operations. Players in NuggetRush can earn rewards by completing quests and participating in battles and tournaments. The game presents various tasks. They include setting up mining shafts, digging tunnels, identifying mineral deposits, and utilizing appropriate machinery for excavation.

NuggetRush has a marketplace where players can trade resources and various in-game collectibles. This makes it one of the best DeFi projects out there. NuggetRush is a community-driven initiative that fosters collaboration among users for greater rewards. Within NuggetRush, players can create mining groups, which directly enhance their rewards and improve mining efficiency. 

Holders of the NUGX token can enjoy several advantages, including governance rights and access to exclusive areas within the game. The ongoing crypto ICO for NuggetRush has already sold over 74 million NUGX tokens. Currently, the NUGX token is priced at $0.013 after rising 30% from its initial price of $0.01.

>> Buy NuggetRush Now <<

Stacks (STX) Soars 295.4% on YTD

Stacks (STX), the native token of the Stacks network, has been on a price rally in the past week. Data from CoinGecko showed that the price of Stacks shot up 45.7%, crossing the $1.00 level. It is currently trading between $0.686951 and $1.23, with a year-to-date gain of 295.4%. 

A glance at the Stacks price chart shows its technical indicators are bullish. Stacks RSI is at 68 as it draws closer to the overbought region. Also, the token is above the 50 and 200-day EMAs.

Meanwhile, the Stacks team is working on the Nakamoto upgrade before the April 2024 Bitcoin halving. According to them, there could be high demand for Bitcoin L2s going into the halving period. 

Cardano (ADA) To Reach $0.75

Cryptocurrency analyst and trader Ali Martinez, known as @ali_charts, has shared a bullish Cardano forecast on X. In the tweet, he tipped the Cardano price to reach $0.75 by the end of December. Ali noted that Cardano’s current price trend resembles three years ago, excluding the pandemic-related dip. 

In 2020, Cardano reached a high of $0.20 and later peaked at $3.058, a 2,984.75% increase. The analyst predicted Cardano ADA could pump 70% to hit $0.75 by December. Afterward, the token could touch $8.00 by 2025 if the pattern continues.

Conclusion 

The rise of Stacks, Cardano, and NuggetRush shows the high growth potential of cryptocurrencies. Nevertheless, NuggetRush is the best crypto for beginners, given its relatively low price compared to the other tokens.

Visit NuggetRush Presale Website

The post Cryptocurrencies on the Rise: Stacks, Cardano, and NuggetRush appeared first on CoinChapter.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Stacks is up 10.71% today against the US Dollar

STX/BTC increased by 10.97% today

STX/ETH increased by 11.19% today

Stacks is currently trading 2.50% below our prediction on Dec 30, 2023

Stacks gained 144.00% in the last month and is up 586.00% since 1 year ago

Stacks price $ 1.59 Stacks prediction $ 1.55 (8.40%) Sentiment Bullish Fear & Greed index 73 (Greed) Key support levels $ 1.35, $ 1.31, $ 1.23 Key resistance levels $ 1.47, $ 1.55, $ 1.59

STX price is expected to rise by 8.40% in the next 5 days according to our Stacks price prediction

Stacks price today is trading at $ 1.59 after gaining 10.71% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 10.77% in the same time period. STX performed well against BTC today and recorded a 10.97% gain against the world’s largest cryptocurrency.

According to our Stacks price prediction, STX is expected to reach a price of $ 1.55 by Dec 30, 2023. This would represent a 8.40% price increase for STX in the next 5 days.

STX Price Prediction Chart

Buy/Sell Stacks

What has been going on with Stacks in the last 30 days

Stacks has been displaying a positive trend recently, as the coin gained 144.00% in the last 30-days. The medium-term trend for Stacks has been bullish, with STX increasing by 244.00% in the last 3 months. The long-term picture for Stacks has been positive, as STX is currently displaying a 586.00% 1-year price change. On this day last year, STX was trading at $ 0.232167.

Stacks reached its all-time high price on Oct 10, 2021, when the price of STX peaked at $ 3.31. The current STX cycle high is $ 1.61, while the cycle low is at $ 0.199932. STX has been displaying high volatility recently – the 1-month volatility of the coin is at 24.35. Stacks recorded 17 green days in the last 30 days.

Stacks technical analysis for today - Dec 25, 2023

The sentiment in the Stacks markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 1.35, $ 1.31 and $ 1.23, while $ 1.47, $ 1.55 and $ 1.59 are the key resistance levels.

Bullish sentiment for Stacks

28 indicators are currently signaling a bullish prediction for Stacks, while 5 indicators are showing a bearish forecast. With 85% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Stacks.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 73 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Stacks moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Stacks is positioned in the market right now.

Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $ 1.33 (BUY) $ 1.14 (BUY) - - MA5 $ 1.38 (BUY) $ 1.09 (BUY) - - MA10 $ 1.21 (BUY) $ 1.01 (BUY) - - MA21 $ 1.10 (BUY) $ 0.894961 (BUY) $ 0.808954 (BUY) $ 0.703296 (BUY) MA50 $ 0.857737 (BUY) $ 0.763133 (BUY) $ 0.708215 (BUY) $ 0.647892 (BUY) MA100 $ 0.697776 (BUY) $ 0.679822 (BUY) $ 0.013469 (BUY) $ 0.611230 (BUY) MA200 $ 0.640154 (BUY) $ 0.633320 (BUY) $ 0.102620 (BUY) $ 0.102160 (BUY)

Period Value Action RSI (14) 64.36 SELL Stoch RSI (14) 100.00 SELL Stochastic Fast (14) 88.08 SELL Commodity Channel Index (20) 66.67 NEUTRAL Average Directional Index (14) 48.46 BUY Awesome Oscillator (5, 34) 0.44 NEUTRAL Momentum (10) 0.47 NEUTRAL MACD (12, 26) 0.04 NEUTRAL Williams Percent Range (14) -11.92 SELL Ultimate Oscillator (7, 14, 28) 60.74 NEUTRAL VWMA (10) 1.29 BUY Hull Moving Average (9) 1.48 SELL Ichimoku Cloud B/L (9, 26, 52, 26) 1.09 NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Stacks is at 64.36, suggesting that STX is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Stacks over the last 50 days. Currently, Stacks is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the STX closing price for the last 200 days. STX is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this Stacks prediction

After considering the above factors, we can conclude that the current forecast for Stacks price prediction is Bullish. STX would have to increase by 8.40% to hit our $ 1.55 target within the next five days. Moving forward, it will be important to monitor the STX market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Stacks price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Stacks (STX) has emerged as the top gainer among the top 100 assets. Data shows an impressive rise in the asset’s social activity and open interest (OI).

STX is up by 42% in the past 24 hours and is trading at $1.21 at the time of writing. The asset’s market cap surged to $1.71 billion, making it the 40th-largest cryptocurrency. The daily trading volume of the Stacks token rallied by 615%, surpassing the $900 million mark.

STX price, open interest and social volume – Dec. 5 | Source: Santiment

You might also like: Terraform Labs highlights SEC’s potential sanction in Do Kwon’s case

According to data provided by the market intelligence platform Santiment, STX’s social volume recorded a 90% surge over the past day. Most of the social activity around the asset comes from X, Telegram and Reddit, per Santiment.

Moreover, the total OI of the Stacks token registered an 83% rally in the past 24 hours. According to the market intelligence platform, STX’s total OI rose from $53.9 million on Dec. 4, to $98.8 million at the reporting time.

Santiment data shows that the total funding rate aggregated by Stacks has been constantly declining over the past two days. STX’s total funding rate still suggests the domination of long-position holders, currently standing at 0.02%, until further price movements happen. 

Despite the recent rise, STX is still down by 66% from its all-time high of $3.6 on Nov. 16, 2021.

Read more: Circle proposes recoverable token standard to address crypto theft

Markets are on bear activity today, with the global market cap sitting 1.93% above its previous 24-hour mark, as the total cap stands at $1.49T as of press time. The fear and greed index is 74, as greed now dominates. The global trading volume is 2% up in 24 hours, at $44.4B as of press time.     

Bitcoin price analysis

Bitcoin (BTC) has started on bull activity, as the Bitcoin price stood at $39.4K as of press time after recording a daily increase of 1.81% and a weekly rise of 4.8%. As a result of the Bitcoin price, the token’s trade volume jumped by 2% during the same period and is presently at $15.8B.

The Bollinger bands are diverging, showing high volatility levels on the Bitcoin price. The Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull dominance on the Bitcoin price.

BTC 1-day chart | Source: TradingView Ethereum price analysis

Ethereum (ETH) has also started on bull activity, as the Ethereum price stood at $2157 as of press time after recording a daily increase of 2.6% and a weekly rise of 3.6%. As a result of the Ethereum price, the token’s trade volume jumped by 37% during the same period and is presently at $9.8B.

The Bollinger bands are diverging, showing high volatility levels on the Ethereum price. The Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull dominance on the Ethereum price.

ETH 1-day chart | Source: TradingView Stacks price analysis

Stacks (STX) has also started on bull activity, as the Stacks price stood at $0.81 as of press time after recording a daily increase of 5.94% and a weekly rise of 22.6%. As a result of the Stacks price, the token’s trade volume jumped by 116% during the same period and is presently at $121M.

The Bollinger bands are diverging, showing high volatility levels on the Stacks price. The Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull dominance on the Stacks price.

STX 1-day chart | Source: TradingView Synthetix price analysis

Synthetix (SNX) has also started on bull activity, as the Synthetix price stood at $3.8 as of press time after recording a daily increase of 8.19% and a weekly rise of 11.2%. As a result of the Synthetix price, the token’s trade volume jumped by 18% during the same period and is presently at $89M.

The Bollinger bands are diverging, showing high volatility levels on the Synthetix price. The Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull dominance on the Synthetix price.

SNX 1-day chart | Source: TradingView Terra Classic price analysis

Terra Classic (LUNC) has also started on bull activity, as the Terra Classic price stood at $0.000192 as of press time after recording a daily increase of 36% and a weekly rise of 136%. As a result of the Terra Classic price, the token’s trade volume jumped by 44% during the same period and is presently at $549M.

The Bollinger bands are diverging, showing high volatility levels on the Terra Classic price. The Relative Strength Index (RSI) is above the average line close to the overbought region, showing bull dominance on the Terra Classic price.

LUNC 1-day chart | Source: TradingView