AVAX Price Suffers, STX Grows Over 600% – Pullix Gets Listed on CoinGecko

The post AVAX Price Suffers, STX Grows Over 600% – Pullix Gets Listed on CoinGecko appeared first on Coinpedia Fintech News

Avalanche (AVAX) has been in a downward trend for the past week as it halted near the $50.12 mark before facing resistance from the upper trendline. This price action suggests that AVAX has been under selling pressure, leading to many questioning its future. In the meantime, Stacks (STX) has seen an astronomical level of growth. 

Surging by over 600%, its growth cannot be understated as traders pushed towards the crypto. Alongside these price updates, Pullix (PLX) has begun dominating with its blockchain ICO and could soon push to $1 or above. We will review each crypto’s price performance and see which is the best cryptocurrency.

Avalanche (AVAX) Price Suffers – Is a Recovery Above $60 Possible?

Avalanche (AVAX) has been under selling pressure, and buyers are passive. On the other hand, sellers have a strong advantage and continue to make short positions. The price showcases gains of recovery, however, and is trading above the key moving averages. If buyers manage to regain control of the market, they can have a strong advantage and continue to make gains on the Avalanche crypto. The crypto is trading above the 50-day and 200-day EMAs, which are providing support to the price trend. 

According to the Avalanche price chart, the YTD climb was by 152.7%, while the 14-day decrease was by 7.3%. The MACD, RSI, and EMAs all emphasize positive signals that imply the upward momentum can soon occur. According to the Avalanche price prediction, it can end 2024 at a value of $63.

Stacks (STX) Grows Over 600% – Price to Reach $3.37 in 2024

Stacks (STX)’s on-chart performance is bullish, and the improving market conditions can push it to new levels. In the past year, the Stacks price grew by 631.8%, and the growth is fueled by optimism after the Bitcoin ETF approval.

As a result, Bitcoin-related projects, such as the Stacks crypto, are benefiting hugely from the ongoing event. The project features a layer for smart contracts and enables decentralized applications (dApps) to use Bitcoin as an asset to settle transactions. Its 50-day exponential moving average (EMA) is at $1.70, and the price has embarked on an uptrend. According to the Stacks price prediction, it can end 2024 at a value of $3.37.

Pullix (PLX) to Reach $1 Following Its Launch and Major Exchange Listing

Pullix (PLX) is an upcoming platform that has already begun to make a name for itself by combining the best elements of CEXs and DEXs. The platform solves key issues in the industry, such as liquidity and transparency, and can appeal to traders of any skill level.

At the center of the platform is the PLX utility token. Through it, anyone will be able to gain access to governance and passive income opportunities. Investors can trade fare more quickly and with fewer concerns about price fluctuations on top of Pullix.

There is a Copy Trader infrastructure where users can copy the trades of professionals and increase the potential profits made on top of it. 

Pullix is undergoing Stage 6 of the presale, where a single token is offered at $0.08. Analysts project that it can spike to $1 at launch, making it one of the most exciting projects of 2024. These aspects make PLX the best cryptocurrency.

Summary

Avalanche is bearish on the charts but can recover. Stacks, on the other hand, has seen a massive rally, and its value can surge much further. Pullix is getting a lot of attention, and with its support of CFDs and perpetual futures, alongside the ability for users to provide liquidity to the automated market makers and get fixed passive income, it can become a dominant force in Web3.

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