Stacks

<ul>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar Price Analysis</a>, Panic selling occurred yesterday ahead of a potential SEC rejection of all ETF applications, causing a crypto crash.</li>
 <li>Despite uncertainty in major cryptocurrencies, Stacks showed a strong bounceback from the combined support of $1.20 and the 200-day moving average.</li>
 <li>The $1.75 mark is a crucial roadblock for the Stacks recovery.</li>
 <li>The <a href="https://www.coingabbar.com/en/crypto-currency/blockstack-stx-prices-usd" class="f-link" rel="noopener noreferrer nofollow">Stacks</a> daily chart exhibited indecision with the formation of a long-range Doji on Wednesday, indicating a lack of clear direction in the recent market activity.</li>
 <li>After breaching the neckline of the rounding bottom pattern, Stacks' price is looking bullish.</li>
 <li>The bullish trend in the STX price, currently above the $1.50 mark, remains indecisive.</li>
 <li>If the uptrend regains momentum, the STX price has the potential to shoot to the $2 mark.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $1.66-$1.74
SUPPORT LEVEL : $1.52-$1.45
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

STACKS Reloads: Is the Bullish Surge Ready to Roll Again

Coingabbar

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