Stacks

Resistance

Daily

Coin

<ul class="list-ic vertical">
 <li><span>1</span> <a>The Stacks coin displayed a sharp run and registered a breakout.</a></li>
 <li><span>2</span> <a>Buyers have gained traction and persisted in accumulation.</a></li>
</ul>
<p>Stacks coin witnessed a massive spike and fled the neckline of $2 sharply with a significant rise in trading volume. The coin noted a rounding bottom pattern breakout and retested the upside of $2.90. STX coin indicates a massive buying momentum, as bullish sentiments were reflected in the price action. The coin reveals a major turnaround from the support zone of $0.8600 and soared over 200% in the previous weeks.&nbsp;</p>
<p>The STX Coin price has surpassed the key moving averages and has reached the blue sky zone, revealing intense buying momentum and cues of institutional buying activity. Furthermore, the technicals suggest that if the coin crosses the supply zone of the $3 mark, a multi-year breakout will trigger, and a sharp rise toward $3.70 followed by the $4 mark can be anticipated.</p>
<p>The Stacks coin (STX) price was $2.57 at press time, with an intraday drop of 2.87%, showing neutrality on the charts. Moreover, the trading volume has increased by 5.01% to $123.96 Million. The pair of STX/BTC is at 0.0000503 BTC, and the market cap is $2.36 Billion. Analysts are bullish and suggest that the Stacks coin (STX) price will further extend the gains, and a breakout above $3 is anticipated soon.</p>
<h2 class="wp-block-heading" id="strong-stx-displays-rounding-bottom-pattern-breakout-on-daily-charts-strong"><strong>STX Displays Rounding Bottom Pattern Breakout on Daily Charts&nbsp;</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/arxNySDiv_7BmrhIUua_XCmRZnqesMOuGOgrRU3MbROWSOZjON4QTuTFOtLr1pQkmZbOOSYeUZgEOmTtunl4bk6OuXzaKn6BQvFkcHFcTI78BuJLJvtI4UgT8e4c0s-8PFKsY0mJSzuKNfbmy-LKwV4" alt="Stacks Price Prediction: STX Eyeing $3 Mark, Will Bulls Succeed?">
  <figcaption class="wp-element-caption">
   Source: STX Price Chart By TradingView
  </figcaption>
 </figure>
</div>
<p>The STX coin price reveals follow-on buying momentum after a breakout and jumped over 30% this week, glimpsing bullishness. With the market reversal, the STX coin regained momentum and sharply healed from the 50-day EMA support mark. Buyers have finally attained strength and are exhibiting a bull run for the past sessions. Per the Fib retracement levels, the coin escaped the 61.8% zone and retested the 78.6% mark but failed to sustain near $2.80.</p>
<p>The Relative Strength Index (RSI) curve rose toward 76, displaying a massive buying momentum, glimpsing a positive divergence on the charts. Similarly, the MACD indicator shows a bullish crossover, and big green bars are reflected, which conveys an intense breakout and suggests a multi-year breakout above $3 soon.</p>
<h3 class="wp-block-heading" id="strong-stx-exhibits-golden-crossover-on-weekly-charts-strong"><strong>STX Exhibits Golden Crossover on Weekly Charts&nbsp;</strong></h3>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/76h7l1nJzYB4raANKkYjxW2fZq2CIj8wHniYWG2pQy6r_FmUXqFDaK4EAE9p9qBLKtz7s4Lyr_zjScOOWk7PuLicCGo1QKpuf748gYzxAV_dzX0WGjzgh2kMK3rtTAnDBSp-EIyEE3s_wlO0bOOqb8I" alt="Stacks Price Prediction: STX Eyeing $3 Mark, Will Bulls Succeed?">
  <figcaption class="wp-element-caption">
   Source: STX Price Chart By TradingView
  </figcaption>
 </figure>
</div>
<p>The Stacks coin delivered an intense rise and retained the bullish region sharply, with increased trading volume glimpsing investor interest. The price action indicates a bullish marubozu candlestick has surpassed the range hurdle of $2, and a massive spike was noted. A golden crossover was also witnessed near $0.8000, confirming a significant trend reversal in the past weeks.</p>
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3>
<p>The<a href="https://www.thecoinrepublic.com/2024/02/22/litecoin-starknet-and-shiba-inu-price-prediction-weekly-outlook/" target="_blank" rel="noopener noreferrer nofollow"> Stacks coin</a> (STX) has gained buying momentum and is targeting to escape the $3 mark, the major hurdle. However, the technicals favor the bulls and suggest that the coin will cross the all-time High (ATH) mark of $3.61 in the following sessions.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p><strong>Support Levels:</strong> $2.50 and $2.20</p>
<p><strong>Resistance Levels:</strong>$2.80 and $3</p>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.&nbsp;</p>

Stacks Price Prediction: STX Eyeing $3 Mark, Will Bulls Succeed?

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Thecoinrepublic.com

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