The bullish pattern indicates a recovery of stacks (StX) because this Memecoin steals the show

The bullish pattern indicates a recovery of stacks (StX) because this Memecoin steals the show

The bullish pattern indicates a recovery of stacks (STX), since this Memecoin steals the show
  • stacks (StX) is traded within a bullish channel, with important support at $ 1.75
  • The Memecoin Idegen (IDGN) fascinates investors with a dynamic ticket price model.
  • The price of IDGN is adapted every 5 minutes depending on the market activity.

stacks (StX), a blockchain platform that is designed to transfer intelligent contracts and decentralized applications to Bitcoin, has had a difficult week because their native token stx recorded a significant price drop.

In the middle of this turbulence, however, a new player appears in the cryptor room: Idegen has developed for dealers. While the price of STX shows signs of possible recovery, the innovative approach of Idegen attracts attention as the next big thing on the market.

stacks (StX) is traded within a bullish channel

stacks recorded a severe decline of 20 %last week, which dropped the price to $ 1.85.

During this downturn with a broader market correction, the movement of StX indicates an optimistic view with a critical level of support within a long-term upward channel at $ 1.75.

The lower limit of the rising channel, between $ 1.70 and $ 1.80, always acted as strong support. If this level continues, StX could recover in the direction of the initial resistance targets of $ 2.40 to $ 2.50, with further potential to achieve $ 10 at the upper limit of the channel.

Conversely, a further decline could occur if it does not work to maintain the support of $ 1.75, with the next level of support at $ 1.50 and $ 1.40.

During the rising channel, signaling an interest bully recovery, the momentum indicators offer a mixed view. The Awesome Oscillator (AO) shows red beams, which indicates declining dynamics, although the falling histogram indicates a declining sales pressure. For an interest bully reversal, retailers should pay attention to green bars on the AO and an outbreak over the lower to high resistance levels.

IDEGEN: Memecoin defines the market dynamics new

While Stacks (STX) mastered his challenges, Idegen, a AI-based Memecoin, who was introduced on November 26, 2024, fascinated dealers with his dynamic ticket model and his innovative community engagement.

Within a few weeks after his debut Idegens Advance sales has collected over $ 7.584 million and sold more than 1.05 billion tokens.

The unique price mechanism of the pre -sale adapts every five minutes and increases the prices by 5 %after successive purchases, while they drop around the same margin if they are inactivity. When buying a single purchase, the price remains unchanged. This rapid structure addresses traders who benefit from volatility.

The advance sale ends on January 1, 2025, whereby the initial prize price of IDEGEN is 10 % above the final pre -sale value. In combination with the current downturn at the cryptom market, this strategy sparked great interest among investors who are looking for alternatives.

beyond his innovative advance booking integrates Idegen Ki to get in touch with his community and use them Interactions on x its development-roadmap. This responsiveness makes them more than just a typical Memecoin; It is a project supported by the community in which adaptability and innovation are in the foreground.

Since the broader cryptom market is changing, Idegen offers interesting protection against the challenges with which established tokens such as stacks (STX) are confronted. His unique approach and the strong community focus consolate its position as an outstanding option for retailers who are looking for new possibilities.


Source: Coinlist.me

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