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Stacks (STX) Bulls and Bears Are Battling It Out at a Key Price Level


by CoinEdition

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  • The price of Stacks dropped approximately 1.96% in the last 24 hours.
  • STX’s price also weakened against BTC but was able to gain on ETH.
  • Technicals suggest that STX’s price has established a peak and will retrace in the next few days.

The price of Stacks (STX) experienced a 24-hour price drop of around 1.96% according to CoinMarketCap. As a result, the altcoin’s price stands at $0.9267 at press time.

In addition to weakening against the U.S. dollar, STX also weakened against Bitcoin (BTC) over the last 24 hours. Currently, STX is down 1.53% against the crypto market leader. STX was, however, able to gain 0.81% against Ethereum (ETH) during this period.

After reaching a daily high of $1.01, STX’s price has pulled back in today’s trading session to trade at its current price. Furthermore, STX is trading near its 24-hour low of $0.9102 at press time.

Daily chart for STX/USDT (Source: TradingView)

STX’s price is currently trading within a bullish ascending price channel after it printed higher lows and higher highs over the last few weeks. The latest low of $0.7898 was printed this past Saturday. Since then, the altcoin’s price has rebounded…

The post Stacks (STX) Bulls and Bears Are Battling It Out at a Key Price Level appeared first on Coin Edition.

Read the article at CoinEdition

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Coins

$ 0.000207

$ 0.257

+3.72%

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In This News

Coins

$ 0.000207

$ 0.257

+3.72%

Share:

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Stacks (STX) Bulls and Bears Are Battling It Out at a Key Price Level


by CoinEdition

Share:

  • The price of Stacks dropped approximately 1.96% in the last 24 hours.
  • STX’s price also weakened against BTC but was able to gain on ETH.
  • Technicals suggest that STX’s price has established a peak and will retrace in the next few days.

The price of Stacks (STX) experienced a 24-hour price drop of around 1.96% according to CoinMarketCap. As a result, the altcoin’s price stands at $0.9267 at press time.

In addition to weakening against the U.S. dollar, STX also weakened against Bitcoin (BTC) over the last 24 hours. Currently, STX is down 1.53% against the crypto market leader. STX was, however, able to gain 0.81% against Ethereum (ETH) during this period.

After reaching a daily high of $1.01, STX’s price has pulled back in today’s trading session to trade at its current price. Furthermore, STX is trading near its 24-hour low of $0.9102 at press time.

Daily chart for STX/USDT (Source: TradingView)

STX’s price is currently trading within a bullish ascending price channel after it printed higher lows and higher highs over the last few weeks. The latest low of $0.7898 was printed this past Saturday. Since then, the altcoin’s price has rebounded…

The post Stacks (STX) Bulls and Bears Are Battling It Out at a Key Price Level appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.000207

$ 0.257

+3.72%

Share:

In This News

Coins

$ 0.000207

$ 0.257

+3.72%

Share:

Read More

If Bitcoin stays near $67k, it breaks the Power Law floor by mid-December

If Bitcoin stays near $67k, it breaks the Power Law floor by mid-December

Bitcoin has until the end of the year to recover, or the Power Law will be invalidate...
Core Bitcoin Developer Speaks About the Future of BTC: “We Must Take Action Immediately”

Core Bitcoin Developer Speaks About the Future of BTC: “We Must Take Action Immediately”

Hunter Beast, a Bitcoin (BTC) developer, has made a statement about the future of BTC...