As this article is being prepared, Bitcoin‘s price continues its ascent and has reached the brink of $50,000. What about altcoins? For now, the rise in the US stock markets and the weakening of GBTC sales have been supportive for BTC. The price is increasing towards a new peak and it would not be surprising to see a consolidation process around $52,000 soon. What are the predictions for TIA and STX Coin?
TIA Coin Price Prediction
The upcoming Ethereum Dencun upgrade in March is expected to positively impact many Ethereum-linked tokens, including TIA Coin. TIA Coin, in particular, is already showing positive divergence, which further supports its price. Celestia (TIA) has been on the rise for the past few days. The price at the time of writing is around $19.5.
Due to upward-sloping moving averages and the RSI being in a positive zone, optimism for TIA Coin’s future price remains strong in the short term. If the bulls do not give up the current level, the resistance area at $20.4 will be surpassed, initiating a new move towards $25.
If the price falls below $18, this optimistic forecast will give way to concerns of a drop to $16.2. On the four-hour chart, a close below the ascending trend line could target $15.6.
STX Coin Price Prediction
Just as the Ethereum Dencun benefits projects in its ecosystem, Stacks also capitalizes on Bitcoin’s popularity. Despite new alternatives, Stacks is already an important initiative serving the BTC ecosystem as it competes for Bitcoin layer 2 solutions.
STX Coin has returned to the $1.78 resistance level after the recent correction, showcasing the vitality of buyer demand. The 20-day EMA ($1.62) is rising, and the RSI confirms that the bulls have taken control. All this, combined with the ongoing BTC rally, suggests that STX Coin’s price could diverge positively.
If the bulls can overcome the barrier at $2.06, the price could climb up to $3. However, closures below $1.62 would bring the risk of a drop to $1.45. On the four-hour chart, the $2-2.06 resistance is a key area. If BTC can maintain its current momentum until the Asian markets open in a few hours, the expected breakout could occur tomorrow.
