STACKS PAY

Verge

<ul>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" class="f-link">Coingabbar Price Analysis</a>, The daily chart indicates an uptrend but encounters a bearish roadblock at $1.80.</li>
 <li>Despite the presence of an ascending trendline, the 4H chart reveals a failure in the <a href="https://www.coingabbar.com/en/crypto-currency/blockstack-stx-prices-usd" class="f-link">STX price</a> to achieve higher highs, indicating potential bearish pressure.</li>
 <li>STX price action suggests a potential turning point, creating anticipation for a bullish breakout.</li>
 <li>However, the lack of buying pressure contributes to a persistent sideways trend, limiting upward momentum.</li>
 <li>The support trendline plays a crucial role in maintaining the uptrend, evidenced by multiple bounce-backs.</li>
 <li>The consolidation range persists due to a lack of volume support on either side, prolonging indecisiveness in market direction.</li>
 <li>The critical question remains: Will the STX price successfully breach the resistance at $1.80, or will it face rejection, leading to a fallback in prices?</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $1.85-$1.95
SUPPORT LEVEL : $1.74-$1.68
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: Bulls on the Verge of a Market Takeover

Coingabbar

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