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STXUSDT trade ideas

Stacks (STX) Bag Bull Run 2024Stacks (formerly Blockstack) is a Bitcoin Layer for smart contracts. It enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain. Unique features of Stacks: Besides regularly storing a hash of the Stacks blockchain on Bitcoins, many of the node participants in the blockchain will receive rewards in BTC. All transactions on the Stacks layer are automatically hashed and settled on Bitcoin. STX is the native token of the project. The current use cases for STX include: Governance: Stacks is a fully decentralized ecosystem where all governance occurs with STX holders. Anyone can contribute to open source through working groups. Stacking: A way to support the network’s security & consensus by temporarily locking STX and earning BTC. BTC is a core component of Stacks Mining. Miners earn new STX from inflation and they pay to participate in BTC.
Long
by anandahaidarr
1
STX Price TrendAt present, the price is positioned within the range delineated by the resistance box. Should positive and ascending patterns emerge in this region, it is anticipated that the price trend of STX will shift into an upward trajectory. Conversely, if the price breaches and falls below the base of the box, it is projected to descend further, potentially reaching the lower boundary of the ascending channel. (All analyses will be updated) This analysis is informational, not financial advice. Good luck!
by MonoCoinSignal
STX is one of the best performing high-caps. Buy now?STX is a very important coin for Bitcoin. STX is a Bitcoin Layer for smart contracts. Why do I think you should buy this coin? We have to take a look at the price action first. We see that we have multiple similar swings high at around 1.75, which is a very bullish sign. From the Elliott Wave perspective, we see that we have a strong combo of (1)(2)(1)(2). The previous all-time high is the next stop, but I believe we will go much higher this year. You can hold it for the long term as well. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! Stacks is a Bitcoin Layer for smart contracts; it enables smart contracts and decentralized applications to use Bitcoin as an asset and settle transactions on the Bitcoin blockchain. Bitcoin is the largest, most valuable, and most durable decentralized asset. The Stacks layer unlocks $500B in BTC capital using the Bitcoin L1 as settlement for decentralized applications. Stacks has knowledge of the full Bitcoin state, thanks to its Proof of Transfer consensus and Clarity language, enabling it to read from Bitcoin at any time. All transactions on the Stacks layer are automatically hashed and settled on the Bitcoin L1. Stacks blocks are secured by 100% Bitcoin hashpower. In order to re-order Stacks blocks/transactions, an attacker would have to reorg Bitcoin. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Long
by Xanrox
9
$STX on BTC halving yearSTX brings a lot of improvements this year, that could start more demand, the Nakamoto Upgrade will bring more speed on Transactions and lower fees, the blooming #Bitcoin ecosystem will be the hype of the bull market IMO The Nakamoto upgrade will bring more Defi and new tokens, maybe airdrops, hyped NFTs... etc etc All of this creates demand that will be felt on price increase or small correction, so i am expecting at least $1,20 as retrace, if we gets closer to a dollar it will be realy good...
by Frumentarii
STX ANALYSIS🔆#STX Analysis : Channel Following ⛔️⛔️ As we can see that #STX is following ascending channel on 4h time frame. We can see a bullish formation here. And if it trade with good volume then we can see a proper bullish move in #STX📈📈 🔖 Current Price: $1.9390 ⏳️ Target Price:   $3.2102 ⁉️ What to do? - Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #STXAnalysis #Cryptocurrency #ChartPattern #DYOR
by ZEUS_Market_Alerts