Stack’s ATH Glory, Avalanche’s Solana-Like $103 PriceTarget: Experts Highlight These Key Metrics for STX and AVAX
As the broader crypto market navigates shaky grounds, two altcoins – Stacks (STX) and Avalanche (AVAX) – have managed to capture traders’ attention with their strength and potential for significant upside.
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Stacks Breaks All-Time Highs Amid Market Turbulence
Daan Crypto Trades, a top crypto trader, highlighted Stacks’ performance, noting that it “broke all-time highs while the market is still a bit shaky.” Expressing confidence in the project, Daan stated, “This is my biggest alt bag, and I will just slowly keep adding to this over time for a while, regardless of price.”
Moreover, Jalen0x, another crypto enthusiast, drew parallels between Stacks’ current position and Cardano’s meteoric rise during the previous bull cycle. As a reminder of how big market caps can get, last cycle Cardano went from $5B to $50B MC in less than 5 months & hit an ATH of almost $100B,” Jalen0x tweeted. “Feels like $STX is on the verge of making a similar run. The #1 BTC L2 deserves to be in the top 10.”
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Show more +Avalanche Poised for Significant Upside Potential
While Stacks continues to impress, Avalanche (AVAX) has also caught the attention of traders and analysts. According to CryptoBusy, a top analyst, “AVAX is still at the 382 fib on the regular chart, with a potential upside of 137% waiting all the way up to the previous ATH.”
Nehal, another trader, echoed a similar sentiment, stating, “$AVAX TO 103$ ALMOST CAN 2X.” In a separate tweet, Nehal revealed, “LONGED some $AVAX with a small quantity, will DCA if goes down later. Reason: $AVAX can pamp like sol.”
Despite the market’s overall shakiness, the optimism surrounding Stacks and Avalanche remains palpable. However, traders and analysts alike emphasize the importance of conducting thorough research and exercising caution when making investment decisions.
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