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Stable, MemeCore and Nexo rally tests critical resistance levels

Stable, MemeCore and Nexo rally tests critical resistance levels

Stable (STABLE), MemeCore (M), and Nexo (NEXO) are among the leading gainers in the crypto market over the last 24 hours, while Bitcoin (BTC) remains below $70,000, suggesting renewed interest in altcoins among investors. Technically, STABLE and NEXO are approaching a key resistance level, while MemeCore shows upside within a consolidation range.

Stable recovery approaches key resistance 

Stable extends the broadly V-shaped recovery over the last 10 days, crossing above the $0.030 mark. At the time of writing, STABLE is up 3% on Tuesday, building on the 16% gains from the previous day. 

The immediate resistance for STABLE lies at the R1 pivot point at $0.03219. A decisive close above this level could extend the rally to the R2 pivot…

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