NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Stacks (STX) Stumbles As Bulls Fail To Remain Intact

Eli Dambel
Eli Dambel
1 year ago
2 mins read
Stacks (STX) Stumbles As Bulls Fail To Remain Intact

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

On March 20, 2023, Stacks (STX) hit an all-time high of $1.30. But the price declined below the $1 mark on March 25 as the bears increased momentum. The asset has remained under the mark from March until May 5.

The 4-hour time frame chart today indicates that the STX token is trading on a downtrend movement due to high selling pressure. The token is also in a long-term downtrend, with the bears increasing its selling pressure forming lower highs and higher lows.

Will The Bulls Dethrone The Bears From The Market?

The overall structure of the STX market is bearish, with the bears battling with the bulls to take full control. The 4-hour chart shows that the STACK token is trading at $0.7276, with a decrease of -6.47% within the last 24 hours.

Related Reading: This Meme Coin Created By GPT-4 Is Now Worth $40 Million, Here’s Why

STX’s 24-hour trading volume is down by 56.76%, with a total market cap of $1 billion. This also shows that STX is not experiencing many activities at the moment.

Despite the increased selling momentum resulting from the investor’s sentiment, the bulls are attempting to regain control by taking advantage of the support level at $0.67.

Stacks (STX) Price Analysis

Currently, STX is trading within the range of the 200-day simple moving average and the 50-day simple moving average, suggesting a neutral market position or consolidation phase.

Related Reading

Ripple (XRP)

Pro-XRP Attorney Shares Information That Could Be Bullish For Ripple

1 year ago

Consequently, traders and investors may use the 50-day and 200-day SMAs as reliable support and resistance levels while trading. 

Notably, a breach above the 50-day SMA may signal a potential short-term uptrend, presenting a buying opportunity for traders. The fact that STX lacks an obvious trend, either upward or downward, suggests that the price is stable.

Currently, the RSI level of STX is 41, which shows that the STX market is heading towards the neutral zone, and there’s indecision. The Moving Average Convergence Divergence (MACD) line is below the signal line, which suggests a potential sell opportunity. 

Moreover, the histogram, which measures the distance between the MACD line and the signal line, is below the zero line, indicating that the security is trading below its long-term trend. 

Additionally, the histogram is increasing, implying that the bearish momentum is gaining strength. This situation suggests that STX is facing downward pressure, which could continue for some time, allowing traders to short the token.

Stacks (STX) Stumbles As Bulls Fail To Remain Intact, Another Bearish Trend For STX
STX plunges on the chart l SXTUSDT on Tradingview.com

STX trades between the $0.6666 and $0.8275 primary support and resistance levels. Stack’s first important resistance level is $0.8275. If the price rises above this level, the next significant resistance levels are $1.0212 and 1.3103.

Conversely, with high selling pressure, the price of STX may fall below its important support levels of $0.5220 & $0.2684.

Featured image from Pixabay and chart from Tradingview

Tweet123Share196ShareSend
Eli Dambel
Eli Dambel

Eli Dambel

Eli brings an eclectic point of view to market analysis. Currently, he writes about various asset classes, including Crypto and Stocks. Eli has been writing crypto oriented content for almost 6 years now and he is a hard core believer in Blockchain and is confident that it can reform the traditional financial system. He also thinks Bitcoin will become universal currency in the near future.

Read more

You can follow Eli on Twitter: @EliDambel

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin price

Bitcoin Price Could Soar To $146K In The Next Leg Up — Analyst Explains How

After going on an impressive run to close the week, the Bitcoin price has become relatively steady over this weekend....

Opeyemi Sule 5 hours ago
BTC All-Time High

Crypto expert: Bitcoin bereikt nieuwe ATH van $112k, betekent dit start van altcoin season?

Nu Bitcoin een nieuwe all-time high heeft gehaald, roert de crypto space zich weer flink. Op het moment van schrijven,...

Lars Diederiksen 8 hours ago
Bitcoin Long-Term Holders Remain Steady As CDD Normalizes After False Alarm

Bitcoin Long-Term Holders Remain Steady As CDD Normalizes After False Alarm

Bitcoin is testing uncharted territory after breaking past its previous all-time high of $112,000 last Thursday, igniting a powerful new...

Sebastian Villafuerte 6 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Solana

Solana (SOL) Set For Price Run To $2,700 — But This Condition Must Hold

Semilore Faleti 2 hours ago
Bitcoin

Who Flipped The Switch? Bitcoin STHs Accumulate While LTHs Take Profit

Opeyemi Sule 4 hours ago
XRP

XRP To Hit $4 This Week? This Crypto Expert Thinks So

Christian Encila 1 hour ago

Premium Sponsors

Press Releases

  • ビットコインが11万8,000ドルの最高値を記録する中で注目すべき仮想通貨プレセール

    ...

    21 hours ago
  • 仮想通貨 おすすめ|急騰するDogwifhatとFartcoin、注目の低価格ミームコインとは?

    仮想通貨...

    22 hours ago
  • 新しい仮想通貨価格動向|話題の最新コインの成長可能性

    ...

    22 hours ago
  • アルトコイン注目銘柄|2025年7月第2週に見るべき3銘柄

    ...

    22 hours ago
  • ロビンフッドが1ドルから始めるETHとSOLのステーキングを開始──今注目の仮想通貨投資はこれだ?

    ...

    22 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.