Crypto:
34501
Bitcoin:
$103.645
% 0.49
BTC Dominance:
%61.8
% 0.45
Market Cap:
$3.33 T
% 0.96
Fear & Greed:
70 / 100
Bitcoin:
$ 103.645
BTC Dominance:
% 61.8
Market Cap:
$3.33 T

STX Price Faces Critical Resistance Zone: $1.24 Target in Sight!

Stx

Stacks (STX) has maintained its upward momentum after breaking the descending trend on the daily chart. The cryptocurrency is now testing a crucial resistance zone between 0.95–0.86. Market analysts suggest that if this level is surpassed, a new peak at $1.24 could be targeted.

Key Levels for STX

STX price has entered a significant uptrend recently, fueled by increased buying pressure. The 0.95–0.86 range is seen as a major resistance in technical analysis. If this zone is breached with high volume, the $1.24 target could come into play, especially if Bitcoin and the broader market remain bullish.


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However, if STX faces rejection here, a pullback toward the FVG (Fair Value Gap) area might be possible. Traders should watch these levels closely as they could determine the next directional move.

Stx
Stx/Usdt Pair Daily Chart.

Market Overview and STX’s Position

Bitcoin’s recent volatility continues to impact altcoins. Compared to Ethereum (ETH) and other major altcoins, STX’s performance is drawing significant attention. Its strong performance against BTC is particularly noteworthy.

If STX breaks the current resistance, it could mark the beginning of a new bullish wave for 2025. However, short-term corrections remain possible, so traders should manage their stop-loss levels carefully.


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