La ruptura del precio de las pilas de la barrera psicológica clave sugiere un posible repunte del 26%

En medio de un sentimiento de recuperación en el criptomercado, el precio de la moneda Stacks inició una recuperación en forma de V desde el soporte de $0,55. La reversión alcista respaldada por el aumento del volumen indica una recuperación sostenida y logró recuperar todas las pérdidas de la corrección de mediados de febrero a principios de marzo.

Timeline of Stacks

Stacks is currently going through one of its most important weeks so far this year. This is courtesy of its mainnet upgrade but the hype around that upgrade is evident by STX's robust price action.

Stacks (STX), one of 2023's most profitable cryptocurrencies, appears to be experiencing some market troubles. According to data from CoinMarketCap, the altcoin has lost 14.3% of its value in the last 24 hours, making it one of the biggest daily losers in the top 50 cryptocurrencies.

Stacks (STX) is among the coins that registered impressive gains this year, with over 168% monthly gains. It was among the cryptos that maintained their gains on various days of extreme bearish trends.

Stacks (STX) is now painted in red following weeks of impressive performance, outranking other cryptocurrencies in the top 100 list of crypto market trackers CoinMarketCap and Coingecko. At the time of writing, STX was trading at $0.6589, down nearly 36% in the last seven days.

Despite an aggressive downfall in the crypto market last week, the Stacks coin price managed to sustain at higher chart levels, indicating the buying pressure is intense. Defying the correction phase, market leaders bitcoin and Ethereum, the STX price showed a slow yet steady rally.

Stacks (STX) continues to outperform other cryptocurrencies in the top 100 list of CoinMarketCap and Coingecko, as the Bitcoin Layer 2 project advances to profit from the Ordinals buzz. Since rebounding from the 20-day EMA on February 17, the cryptocurrency continues its strong ascent through the weekend.

STX, the cryptocurrency that power's the Stacks protocol, a layer-2 scaling solution built on top of Bitcoin that aims to bring smart-contract programmability to the Bitcoin ecosystem, is pulling back on Monday after seeing a big pump on Sunday. STX/USD was last changing hands around $0.5750, down around 8% on the day and lower by around 30% versus the nine-month highs it hit earlier in the session in the $0.84 area.

Earlier today, the Stacks coin price witnessed a huge pump and reached $0.335. However, the prices couldn't sustain the higher price and reversed immediately, leaving a long higher price rejection candle.

Be[In]Crypto analyzes the price movement for seven different cryptocurrencies, including Stacks (STX), which is in the process of validating the $0.42 area as support. The post Stacks (STX) Creates Higher Low After Sharp Rally: Multi-Coin Analysis appeared first on BeInCrypto.

Stacks (STX) has broken out from a bullish long-term pattern after the RSI generated significant bullish divergence. The post Stacks (STX) Breaks out From 221-Day Descending Wedge appeared first on BeInCrypto.