{"id":448324,"date":"2023-10-16T18:12:31","date_gmt":"2023-10-16T18:12:31","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=448324"},"modified":"2023-10-16T18:12:31","modified_gmt":"2023-10-16T18:12:31","slug":"stx-stacks-success-but-bitcoin-minetrix-could-be-the-game-changer-everyones-waiting-for","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/stx-stacks-success-but-bitcoin-minetrix-could-be-the-game-changer-everyones-waiting-for","title":{"rendered":"STX Stacks Success, but Bitcoin Minetrix Could Be the Game-Changer Everyone\u2019s Waiting For"},"content":{"rendered":"

Stacks (STX) show signs of recovery after reaching the support zone at $0.21, leading to a bounce in its price.<\/span><\/p>\n

As of 10:58 a.m. EST, <\/span>STX is trading at $0.539,<\/span><\/a> reflecting an 8% decrease in the last 24 hours. However, over the past week, it has experienced a 10% increase, which suggests the potential for further price gains.<\/span><\/p>\n

The current market sentiment appears bullish, as demonstrated by STX’s resilient rebound from the $0.41 support level. This resilience creates a favorable environment for bullish investors to drive up prices.<\/span><\/p>\n

STX Price Needs to Break Above $0.53 Supply Zone<\/span><\/h2>\n

For the bullish trend to continue, STX’s price must surpass the $0.53 resistance level, which aligns with the 50-week simple moving average. Accomplishing this could pave the way for STX to aim for the $0.90 resistance and reach even higher price levels.<\/span><\/p>\n

\"STX
STX Chart Analysis. Source: Tradingview.com<\/figcaption><\/figure>\n

STX’s price is currently hovering on the 50-week moving average, suggesting a strong possibility of a continuous bullish trend. This could lead to breaking through the significant $0.53 resistance and pave the way for a substantial upward shift, targeting the 200-day moving average at $0.72, which indicates a potential 42% increase from its current value.<\/span><\/p>\n

The token’s relative strength index (RSI) aligns with this trend, rebounding from 39 to 48. This implies a neutral stance on STX’s price. However, there’s significant potential for the RSI to rally if it crosses the neutral threshold of 50.<\/span><\/p>\n

Conversely, should bearish sentiments dominate the market, STX may fall to support at the $0.44 level. The $0.29 level could be a safety net for optimistic buyers if external factors lower its price.<\/span><\/p>\n

As we wait to see where the price of STX will go, smart investors are investing in this game-changing token. The BTCMTX token, which is changing the BTC mining landscape, promises guaranteed returns for its investors. <\/span><\/p>\n

Get Your BTCMTX Tokens Now, Presale in Stage 2<\/span><\/h2>\n

The second phase of the Bitcoin Minetrix (BTCMTX) presale is underway, with only 13 days remaining until this stage ends.<\/span><\/p>\n

You can buy now, given that the presale has <\/span>already secured $1,588,467<\/span><\/a> in funding, with each token presently available for $0.011 and set to rise as the presale advances to the subsequent stages.<\/span><\/p>\n

\n

#BitcoinMinetrix<\/a> is now in Stage 2! 🎉 pic.twitter.com\/mT63lX9MRP<\/a><\/p>\n

— Bitcoinminetrix (@bitcoinminetrix) October 16, 2023<\/a><\/p><\/blockquote>\n