With Bitcoin’s recent dip, investors are eager to know what lies ahead. Popular crypto analysts have shared their latest insights on SOL, BTC, and STX, offering different perspectives to help navigate the market. While their analysis can provide valuable guidance, replicating their strategies without thorough research is not advisable.
STX Price Prediction: Momentum Building
STX, being one of the earliest Bitcoin-based projects, continues to leverage its first-mover advantage. Crypto analyst Quinten highlighted critical price levels for STX, forecasting gains of up to 88%.
- Golden Zone Rebound: STX hit the 0.618-0.66 Fibonacci retracement zone and aligned with the 20 SMA, showing strong support for a bullish breakout.
- Bullish Divergence: Clear upward momentum on the MACD indicates potential price growth.
- Key Targets:
- $2.78 (39% gain) – A significant resistance level.
- $3.84 (88% gain) – A psychological and historical high, surpassing March’s peak.
- Support from Higher Lows: The 50 SMA reinforces a bullish structure with higher lows pointing toward upward movement.
Quinten emphasized that while STX shows promise, market unpredictability must always be considered.
Bitcoin (BTC): Recovery Ahead?
Popular analyst Altcoin Sherpa noted that BTC‘s recent decline might have reached its bottom. Sherpa predicts that as more investors engage at current levels, BTC could soon normalize around $120,000, signaling recovery.
Solana (SOL): Analysts Expect Growth
Solana has caught the attention of analysts Daan Crypto and Sherpa. Daan recently shared insights on SOL’s trajectory:
- Support at $220: SOL touched a high-timeframe support level and is now returning to its previous range. If $220 holds, the next target could be an all-time high.
- Strong Community Support: Sherpa highlighted SOL’s active community as a key factor, adding that maintaining $200 would likely lead to further growth.
Key Takeaways
The crypto market remains dynamic, with SOL, BTC, and STX showing significant potential. Investors should monitor these levels closely while staying informed through platforms like Dey There for the latest updates.