Crypto traders are curious about what awaits them following the recent decline in Bitcoin (BTC) $99,148. Popular crypto analysts have shared their updated forecasts on SOL, BTC, and STX over the past few hours. While analyst opinions can provide valuable perspectives, it is not advisable to blindly copy their strategies.
STX Coin Price Prediction
As the first initiative to build the Bitcoin ecosystem, STX maintains its advantage as a pioneer. Today, a crypto analyst known by the pseudonym Quinten highlighted current critical price levels for STX, indicating potential gains of up to 88%. He suggested that the setup appears ready for a breakout.
“We loaded up on $STX as we reached our buying zones right at the golden zone (0.618-0.66 Fib retracement) – this setup looks ready for a breakout.
Bullish Divergence: Momentum is shifting upward, and there is a clear bullish divergence forming on the MACD.
Golden Zone Rebound: The price bounced perfectly from the golden zone, aligning with the 20 SMA, and we saw strong potential for continuation.
Significant Upside Potential: Fibonacci levels highlight clear targets:
2.78 $ (39% gain) – A key resistance area.
3.84 $ (88% gain) – Testing previous highs and a strong psychological level, I see this going even beyond March’s highs!
Bullish Structure: Higher lows supported by the 50 SMA show a clear path to higher levels.
Everything is developing perfectly – $STX shows incredible potential here!”
It is essential to remember that this analyst could also be incorrect, as no one possesses a crystal ball for the future.
Bitcoin (BTC) and SOL Coin Commentary
Popular crypto analyst Altcoin Sherpa mentioned in his latest assessment that the decline in BTC prices is largely complete. As more traders engage at current levels, he believes it is likely that BTC prices will stabilize around $120,000 soon.
Regarding Solana $229 (SOL), we will review the recent comments from Sherpa and Daan Crypto. Daan mentioned about an hour ago;
“Don’t overcomplicate this. It touched high timeframe support and is now returning to the previous range.
I expect the ~220$ level to hold. If it holds, the next target range will be the all-time high.”
Sherpa shared a similar chart, stating that he expects an upward movement if the $200 level is maintained. Given the strong community support, he is optimistic about SOL Coin’s potential in this cycle.