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<ul class="news-points"> 
 <li>An analyst predicted today that the price of STX could “fly” if it can break past $0.80.</li> 
 <li>STX was close to breaking above this level identified by the analyst at press time after its price rose 13+% in the past day.</li> 
 <li>Technicals on STX’s chart suggested that the price of the token is likely to continue to rise in the next few days.</li> 
</ul> 
The cryptocurrency analyst that goes by the name of KALEO, stated in an X post published earlier this morning that he believes the <a href="https://coinedition.com/stacks-stx-price-prediction/">price of Stacks (STX)</a> “could fly” soon. In his post, the analyst pointed out that the price of STX will have to clear the $0.80 level to start making its move up. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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 <a href="https://twitter.com/search?q=%24STX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$STX</a> should fly when it clears $0.80 Might see a bit of a pullback before it does it, but any dips before it breaks above that resistance are for buying Send it with me here: <a href="https://t.co/32dHnZIFxS" target="_blank" rel="nofollow">https://t.co/32dHnZIFxS</a> <a href="https://t.co/xdk5NlDh7C" target="_blank" rel="nofollow">pic.twitter.com/xdk5NlDh7C</a>— K A L E O (@CryptoKaleo) <a href="https://twitter.com/CryptoKaleo/status/1730772916545978598?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 2, 2023</a>
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KALEO did warn that there might still be slight declines in the price of the altcoin after breaking past $0.80. However, he urged traders to see these dips as buy opportunities before STX’s price soars. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/XZKq3MHVxJN182w80tJjCK--aOjdMl6Qu-Th0Mvz2ccm_l4zhWnOVXSOQV4xcGU4UKCzJawCjacORaOdcIWHmR1cIsOiCazbt_ukL0lUKL5H0Ch5v-q4v6w160awqgMLywTWsdkhuYTKRDpLHSGjkJs" alt="Daily chart for STX/USDT (Source: TradingView)">
 <figcaption class="wp-element-caption">
 Daily chart for STX/USDT (Source: <a href="https://www.tradingview.com/x/UYlObGVQ/" target="_blank" rel="nofollow">TradingView</a>)
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STX has been in a …
The post <a href="https://coinedition.com/analyst-expects-stacks-stx-to-fly-if-it-can-break-0-80/">Analyst Expects Stacks (STX) To “Fly” If it Can Break $0.80</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Analyst Expects Stacks (STX) To “Fly” If it Can Break $0.80

Coin Edition

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