STX - Highlight
Just wanted to highlight STX as it is an asset that should experience additional growth this cycle with BTC.
Today, Grayscale announced it will be adding NEAR and STX. This shows a few outlying themes with institional interest in altcoins. One is building on top of BTC (STX) and one is related to AI scalability (NEAR).
Looking at the weekly chart for STX our RSI is trying to develop structure. We have an ascending support line (white trendline) with white arrows representing everytime momentum switched back to the upside. Right now we are at the same trendline.
STX is very heavily connected with BTC price movement. Therefore, once BTC closes a 3D above 71.5k we should see STX have a very nice rally begin.
Today, Grayscale announced it will be adding NEAR and STX. This shows a few outlying themes with institional interest in altcoins. One is building on top of BTC (STX) and one is related to AI scalability (NEAR).
Looking at the weekly chart for STX our RSI is trying to develop structure. We have an ascending support line (white trendline) with white arrows representing everytime momentum switched back to the upside. Right now we are at the same trendline.
STX is very heavily connected with BTC price movement. Therefore, once BTC closes a 3D above 71.5k we should see STX have a very nice rally begin.
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