Ценовой тренд STX берет паузу: быки работают в резерве?

После заметного скачка восстановления в начале 2024 года цена STX достигла барьера выше отметки в 1,50 доллара. Идя в сторону из-за отклонения на уровне 1,74 доллара, ценовой тренд Stacks цепляется за психологическую отметку в 1,50 доллара, и покупатели изо всех сил пытаются избежать краха.

Timeline of Stacks

In contrast to the majority of cryptocurrencies, which began the week on a downward trajectory, Stacks (STX) deviated from the prevailing trend and registered gains. Stacks Network's native token, STX, had a strong 600% increase in 2023.

Stacks Price Prediction: While the majority of major cryptocurrencies are struggling in uncertainty, the Stacks price showed a strong bounceback from the combined support of $0.87 and the recently breached triangle. In a week, the coin price has rallied 35% to currently trade at the $1.17 mark.

The cryptocurrency Stacks (STX) has recently experienced a remarkable turnaround, with its price bouncing back after reaching a multi-month low of $0.4412. Investors have seized the opportunity to “buy the dip,” resulting in a continuous upward trend for STX over the past few days.

The crypto market is currently experiencing a general price recorrection, following a strong bullish phase that saw many assets soar to new highs. Stacks (STX), one of the notable performers in recent days, is not left out of the current ebb and flow of the market, with its value experiencing a significant decline in the last few hours.

The past few days saw excitement among market participants as many cryptocurrencies soared to new highs amid improving sentiments. Stacks (STX) was among the tokens that stood out even when the market appeared gloomy and once again, the bulls achieved an incredible feat in the last 24 hours, pushing the price to a new 60-day high.

While the broader crypto market experiences turbulent times and volatility, Stacks (STX) stands out with an impressive performance. Stacks is a network created in 2017 as an extension of the Bitcoin blockchain, allowing developers to create and deploy smart contracts.

Stacks, the layer-1 protocol that enables smart contracts on Bitcoin, have demonstrated incredible resilience amid bearish market trends. Stacks' STX token price has increased by over 6% over the past week and joined top-gaining coins today with a nearly 0.53% price gain, while the broader crypto market plunged by 1.63% in the last day.

In a surprising turn of events, Stacks token (STX) has soared by over 24% in the past two days, defying the market-wide slump. While other cryptocurrencies experienced double-digit declines, STX has emerged as one of the most profitable tokens, even among the largest by market capitalization.

Stacks Price Analysis: The ongoing correction phase in stacks coin price is strictly responding to two technical levels which are a downsloping resistance trendline and a horizontal support level of $0.67. The coin price bounced back twice from both aforementioned levels accentuating the traders' respect for these levels and therefore it will also have a

The stacks coin price has been in a correction phase for over six weeks, where the altcoin dropped from a top of $1.31 to a low of $0.6702, registering a 48% fall. A downsloping trendline gave a specific direction to this downfall and assisted sellers to prolong this correction phase.