Stacks Price Prediction for Today, June 26 – STX Technical Analysis

Stacks’ price prediction could trigger a bullish run if the market can hold the coin above the $1.77 resistance level.

Stacks prediction metrics:

• Stack price now – $1.77
• Stacks market cap – $2.48 billion
• Piles of circulating supply – 1.46 billion
• Stacks the total supply – 1.8 billion
• Stacks CoinMarketCap Ranking – #35

STX/USD market

Key Levels:

Resistance levels: $2.50, $2.70, $2.90

Support levels: $1.00, $0.80, $0.60

STX/USD follows a bullish move above the $1.59 resistance level with a price growth of 11.65%. Due to the fact that the coin is making a slight gain, the Stacks price may pull back a bit before moving up. Meanwhile, traders can expect the price to continue rising if the bulls hold the coin above its 9-day moving average.

Stacks Price Prediction: STX/USD May Move Up

The Stacks price is heading towards the 21-day moving average of around $1.77. If the price continues to create a bullish move, traders can expect a bullish continuation to the upside. Meanwhile, the 9-day MA may need to break above the 21-day MA to extend the bullish move as the possible long-term resistance levels could be found at $2.50, $2.70 and $2.90.

Moreover, if the coin maintains the bullish move in the coming days, traders may witness more of it reaching higher levels. At the moment, Stacks price is trying to create a short-term bullish move, but on the contrary, any bearish move below the lower limit of the channel could see the coin roll towards the support points of $1.00, $0.80 and $0.60 .

STX/BTC May is retreating below the daily high

Against Bitcoin, Stacks price appears to be heading towards the lower limit of the channel as the coin remains within the 9 and 21 day moving averages. According to the daily chart, there is a need for increasing volume and increasing resistance to cause a rise in the market. Currently, Stacks (STX) is trading around 2791 SAT, but traders can expect support at 2000 SAT and lower if the coin heads south.

Nevertheless, if a bullish move pushes the price above the upper limit of the channel; traders can then confirm a bull run for the coin. Additionally, the nearest resistance could be at 3900 SAT and above as the 9-day MA could move to move above the 21-day MA, suggesting bullish movement within the channel.

Meanwhile, @0xENAS shared with his more than 50,000 followers on X (formerly Twitter) that $STX is poised for significant upside. He believes Stacks is on the verge of a multi-time-frame alt reversal to the upside, highlighting that the current chart is one of the cleanest. The delayed Nakamoto upgrade is finally expected next month, paving the way for a strong upward move. Those who jumped early in the bull trend have been shaken out, but there is now a clear setup for a strong rally. The expected value of these early story bets is extremely high, provided there are tight stop-losses in place. He suggests stopping below $1.50, but if not, it’s time to change the trade and take advantage of this opportunity 🚀

$STX – Going back to my roots, I think we are on the cusp of an MTF alt reversion.

Stacks has one of the cleanest charts and the delayed Nakamoto upgrade is scheduled for next month. Any motherfucker following this on the bull trend has faded, and a clear… pic.twitter.com/4j6RdiDdAr

— Eugene Ng Ah Sio (@0xENAS) June 25, 2024

Alternatives to stacks

Currently, Stacks (STX) is hovering above $1,775, showing potential for a bullish move despite the selling pressure in the market, and could break above the upper limit if momentum increases. Stacks is ranked 35th on CoinMarketCap and could experience significant price growth due to its size. In contrast, the new PlayDoge ($PLAY) token presale has raised over $5 million and is generating a lot of excitement as a hybrid P2E meme coin. The presale, which includes 40 stages with rising prices, is receiving a strong response from the market, making PlayDoge an attractive investment for those looking for promising opportunities.

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