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Bitcoin’s rise above $50,000 had a positive impact on Stacks (STX) and Ordi (ORDI) prices. STX saw a 6.19% increase, reaching around $2, while ORDI surged by 15.20%, surpassing $70 in the last 24 hours.Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Cryptos-Headlines-Token-Airdrop-Is-Live-Claim-Your-Reward-Now-1.png?fit&#61;900%2C200&amp;ssl&#61;1" />Both STX and ORDI have ties to Bitcoin, with STX being a layer two (L2) on the Bitcoin network and ORDI being the top BRC-20 token. This connection often leads to price movements in line with Bitcoin’s performance.<h3 id="stx-price-analysis-potential-upside-amidst-bullish-momentum">STX Price Analysis: Potential Upside Amidst Bullish Momentum</h3>On the 4-hour chart, Stacks (STX) displayed signs of further <a href="https://cryptosheadlines.com/bank-of-america-crypto-markets-near-term-upside-potential-limited/" rel="noopener noreferrer nofollow">potential upside</a>, with the current price sitting at $1.98, reflecting a bullish bias in recent trading.Supporting this <a href="https://cryptosheadlines.com/upward-trends-predicted-for-sol-ada-near-link-cryptos/" rel="noopener noreferrer nofollow">upward trend</a> is the Awesome Oscillator (AO) indicator, currently showing a reading of 0.16 with green histogram bars, signaling increased upward momentum for STX. If this positive AO reading persists, STX could retest the $2 mark.However, the movement of Bitcoin (BTC) could influence STX’s trajectory. Should Bitcoin maintain its position above $50,000 or even climb to $52,000, STX may experience a further <a href="https://cryptosheadlines.com/solana-sol-surges-10-weekly-will-it-reach-25/" rel="noopener noreferrer nofollow">surge of around 10%</a>. Conversely, a drop in Bitcoin’s price below this threshold could lead to a decrease in STX’s price.Meanwhile, volatility surrounding STX has been on the rise, as indicated by the Bollinger Bands (BB). STX recently touched the upper band of the BB at $1.98, <a href="https://cryptosheadlines.com/significant-1000-surge-in-shiba-inu-shib-burn-rate-suggests-potential-price-rebound/" rel="noopener noreferrer nofollow">suggesting a potential</a> overbought condition.Cryptos Headlines Token Airdrop Is Live, Claim 5000 CHT Token Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" /><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/cryptosheadlines009-3.png?resize&#61;640%2C420&amp;ssl&#61;1" />STX/USD 4-Hour Chart (Source: <a href="https://www.tradingview.com/x/OhnGMaSu/" rel="noopener noreferrer nofollow">TradingView</a>)In a scenario of increasing volatility from a bearish perspective, STX could experience a downturn to $1.76. However, in a highly bullish scenario, intensified buying pressure might propel STX to $2.10.<a href="https://cryptosheadlines.com/bitcoin-price-jumps-over-44k-whats-next-for-btc/" rel="noopener noreferrer nofollow">Also Read: Bitcoin Price Jumps Over $44K: What&#39;s Next for BTC?</a><h3 id="ordi-price-analysis-bullish-momentum-continues-amidst-resistance">ORDI Price Analysis: Bullish Momentum Continues Amidst Resistance</h3>The break above the $65.19 resistance level demonstrated the resilience of bulls in driving ORDI’s price upward, with the token surpassing $70.On the 4-hour chart, a minor resistance was observed at $70.90. If ORDI successfully breaches this level, it could potentially accelerate towards $80. However, similar to STX, the extent of this potential <a href="https://cryptosheadlines.com/bitcoin-price-surges-on-us-feds-jerome-powell-rate-hike-hints/" rel="noopener noreferrer nofollow">surge is contingent upon Bitcoin’s price</a> movement.A <a href="https://cryptosheadlines.com/shiba-inus-ongoing-trends-can-they-fuel-a-bullish-rally/" rel="noopener noreferrer nofollow">bullish rally</a> for BTC could propel ORDI closer to the $80 mark. Conversely, a failure to defend BTC at $50,000 might lead to a decline in ORDI’s price, potentially falling to $61.23. Notably, ORDI’s price has closed above the 9 EMA (blue) and 20 EMA (yellow), affirming a <a href="https://cryptosheadlines.com/google-bard-predicts-tether-and-tradecurve-as-dominant-forces-in-the-crypto-marketpredicts-tether-and-tradecurve-as-dominant-forces-in-the-crypto-market/" rel="noopener noreferrer nofollow">bullish outlook</a> for the token.<img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/cryptosheadlines099.png?resize&#61;640%2C420&amp;ssl&#61;1" />ORDI/USD 4-Hour Chart (Source: <a href="https://www.tradingview.com/x/edL4r63Q/" rel="noopener noreferrer nofollow">TradingView</a>)As long as ORDI remains above the EMAs, there is a possibility for further upward movement towards $80. However, a close below either the 9 or 20 EMA could <a href="https://cryptosheadlines.com/polygon-matic-price-signals-potential-20-drop/" rel="noopener noreferrer nofollow">signal a downward trajectory for the price</a>.Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.x

STX and ORDI Prices Surge Alongside Bitcoin Crossing $50K Mark

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