Stacks (STX) Price Recovery Begins, Will it Hit The $1 Mark?
- Stacks price bottomed at $0.50 in March 2025 after an 80% decline from December 2024 highs.
- Currently, STX is trading near $0.90, the price has formed a series of higher lows and higher highs.
Stacks’ price analysis suggests that the STX price is beginning to recover after a sharp fall from December 2024 to March 2025. The daily chart shows that STX/USD hit a high of $2.50 in December 2024, but then started a sharp decline.
The pair fell to a bottom near $0.50 in March 2025, which meant it lost 80% of its value from the previous high in December. Since late March, STX has been forming a base and showing signs it may recover.
According to CMC data, at the time of writing, STX is trading at around $0.90, almost twice its value from March. The past two months have seen the price form higher lows and higher highs, which may indicate that the trend is changing. The $1.00 mark is where immediate resistance occurs, and the 200-day EMA reveals that the next resistance is at $1.11.
What’s Next In Stacks (STX) Price?
The outlook given by technical indicators is positive. The RSI is now at 54.59, moving up from being oversold in March, but it is not yet in overbought territory. It means the STX price could rise even more. Besides, 14-SMA line at 60.05 suggests that bullish momentum is improving, even after the recent consolidation.
The MACD line, signal line and histogram all show a positive divergence respectively. In April, the MACD lines crossed the median line, and this happened at the beginning of the recovery phase. Meanwhile, the histogram continues to show positive momentum.
It is especially important to note that the Social Sentiment indicator has been positive since April, even with the slight dip to -0.2051 now. It means that investors are becoming more confident in the market, despite some short-term changes.
STX EMA analysis shows the price currently above the 50-day EMA (0.8254) yet below the 200-day EMA (1.1100). It usually suggests that the market is moving from being bearish to being bullish.
The main support for STX traders is at $0.50, and immediate resistance can be found at $1.00 and $1.11. Recent trading shows that when prices go up, green volume bars are increasing, which supports the recovery. Breaking above $1.11 could open the door for STX to advance to the $1.50 region.
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Stacks (STX) Price Recovery Begins, Will it Hit The $1 Mark?
- Stacks price bottomed at $0.50 in March 2025 after an 80% decline from December 2024 highs.
- Currently, STX is trading near $0.90, the price has formed a series of higher lows and higher highs.
Stacks’ price analysis suggests that the STX price is beginning to recover after a sharp fall from December 2024 to March 2025. The daily chart shows that STX/USD hit a high of $2.50 in December 2024, but then started a sharp decline.
The pair fell to a bottom near $0.50 in March 2025, which meant it lost 80% of its value from the previous high in December. Since late March, STX has been forming a base and showing signs it may recover.
According to CMC data, at the time of writing, STX is trading at around $0.90, almost twice its value from March. The past two months have seen the price form higher lows and higher highs, which may indicate that the trend is changing. The $1.00 mark is where immediate resistance occurs, and the 200-day EMA reveals that the next resistance is at $1.11.
What’s Next In Stacks (STX) Price?
The outlook given by technical indicators is positive. The RSI is now at 54.59, moving up from being oversold in March, but it is not yet in overbought territory. It means the STX price could rise even more. Besides, 14-SMA line at 60.05 suggests that bullish momentum is improving, even after the recent consolidation.
The MACD line, signal line and histogram all show a positive divergence respectively. In April, the MACD lines crossed the median line, and this happened at the beginning of the recovery phase. Meanwhile, the histogram continues to show positive momentum.
It is especially important to note that the Social Sentiment indicator has been positive since April, even with the slight dip to -0.2051 now. It means that investors are becoming more confident in the market, despite some short-term changes.
STX EMA analysis shows the price currently above the 50-day EMA (0.8254) yet below the 200-day EMA (1.1100). It usually suggests that the market is moving from being bearish to being bullish.
The main support for STX traders is at $0.50, and immediate resistance can be found at $1.00 and $1.11. Recent trading shows that when prices go up, green volume bars are increasing, which supports the recovery. Breaking above $1.11 could open the door for STX to advance to the $1.50 region.
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