Crypto analyst David predicts an increase of over 50 percent in STX price. Popular analyst Michaël van de Poppe predicts very high prices for the leading altcoin Ethereum. Crypto analyst Ali Martinez says that Chainlink will rise one step further soon.
STX price prediction: What’s next for the altcoin?
STX price has declined since reaching a yearly high of $2.06 in early January 2024. However, over the following three weeks, STX recovered from the previous resistance level at $1.25 (indicated by the green arrow). It then formed a bullish pin bar candle. Retesting after a fracture is a healthy move. Additionally, it often leads to a continuation of the previous bull trend. Indeed, STX has broken back above last week’s high of $1,625. Thus, it indicated strong buying pressure at higher levels.
Meanwhile, the weekly RSI (Relative Strength Index) remains comfortably in overbought territory. Moreover, the RSI is in an uptrend. This shows that the bulls are in control. Therefore, it is possible for STX price to rise to a yearly high of $2.06 in the near future. If the altcoin breaks above the level, it could push the price higher to the next long-term resistance at $2.70, up 57.42%.
ETH Price prediction: The leading altcoin is on track for a 50% rally!
Crypto analyst Michaël van de Poppe says Ethereum is poised to rise to $3,500, a price it hasn’t seen since April 2022. According to the analyst’s chart, Ethereum converted a resistance level at around $2,145 into a support zone.
Ethereum is approximately 48% below Van de Poppe’s bullish price target. The leading altcoin was trading at $2,418 at the time of writing. According to the analyst, the upcoming Dencun upgrade, which aims to increase Ethereum’s scalability and reduce transaction costs, will further serve as a bullish catalyst.
LINK price prediction: 38% rally coming if it breaks this resistance
Crypto analyst Ali Martinez predicts that Chainlink (LINK) will move up another notch soon. Martinez says decentralized oracle network Chainlink will break a key resistance level. Thus, she predicts that the altcoin price will rise to $26.87. In this context, the analyst makes the following statement:
Chainlink is facing stiff resistance between $19.40 and $20.03, where 5,330 addresses hold more than 8.59 million LINK. But if LINK can break through this supply wall, the next critical resistance area will be around $26.87. This would represent a price increase of 38%!
The opinions and predictions in the article belong to the analysts and are definitely not investment advice. cryptokoin.com We recommend that you do your own research before investing.
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