Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Stacks is down -3.39% today against the US Dollar
STX/ETH decreased by -3.91% today
Stacks is currently trading 7.13% below our prediction on Jan 04, 2025
Stacks dropped -31.28% in the last month and is up 10.26% since 1 year ago
Stacks price $ 1.59 Stacks prediction $ 1.71 (8.49%) Sentiment Bearish Fear & Greed index 73 (Greed) Key support levels $ 1.54, $ 1.50, $ 1.44 Key resistance levels $ 1.64, $ 1.70, $ 1.74
STX price is expected to rise by 8.49% in the next 5 days according to our Stacks price prediction
Stacks price today is trading at $ 1.59 after losing -3.39% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -2.00% in the same time period. STX performed poorly against BTC today and recorded a -1.87% loss against the world’s largest cryptocurrency.
According to our Stacks price prediction, STX is expected to reach a price of $ 1.71 by Jan 04, 2025. This would represent a 8.49% price increase for STX in the next 5 days.
STX Price Prediction Chart
Buy/Sell Stacks
What has been going on with Stacks in the last 30 days
Stacks has been displaying a negative trend recently, as the coin lost -31.28% in the last 30-days. The medium-term trend for Stacks has been bearish, with STX dropping by -16.36% in the last 3 months. The long-term picture for Stacks has been positive, as STX is currently displaying a 10.26% 1-year price change. On this day last year, STX was trading at $ 1.44.
Stacks reached its all-time high price on Apr 01, 2024, when the price of STX peaked at $ 3.83. The current STX cycle high is $ 2.99, while the cycle low is at $ 1.08. STX has been displaying high volatility recently – the 1-month volatility of the coin is at 17.75. Stacks recorded 13 green days in the last 30 days.
Stacks technical analysis for today - Dec 30, 2024
The sentiment in the Stacks markets is currently Bearish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 1.54, $ 1.50 and $ 1.44, while $ 1.64, $ 1.70 and $ 1.74 are the key resistance levels.
Bearish sentiment for Stacks
9 indicators are currently signaling a bullish prediction for Stacks, while 23 indicators are showing a bearish forecast. With 72% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Stacks.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 73 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Stacks moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Stacks is positioned in the market right now.
Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $ 2.00 (SELL) $ 1.93 (SELL) - - MA5 $ 1.92 (SELL) $ 2.04 (SELL) - - MA10 $ 1.78 (SELL) $ 2.18 (SELL) - - MA21 $ 2.05 (SELL) $ 2.24 (SELL) $ 1.45 (BUY) $ 1.93 (SELL) MA50 $ 2.10 (SELL) $ 2.14 (SELL) $ 1.89 (SELL) $ 1.80 (SELL) MA100 $ 1.93 (SELL) $ 2.01 (SELL) $ 0.923040 (BUY) $ 1.50 (BUY) MA200 $ 1.81 (SELL) $ 1.92 (SELL) $ 0.541371 (BUY) $ 0.877997 (BUY)
Period Value Action RSI (14) 40.09 BUY Stoch RSI (14) 6.99 BUY Stochastic Fast (14) 1.07 BUY Commodity Channel Index (20) -66.67 NEUTRAL Average Directional Index (14) 20.30 NEUTRAL Awesome Oscillator (5, 34) -0.51 NEUTRAL Momentum (10) -0.71 NEUTRAL MACD (12, 26) -0.07 NEUTRAL Williams Percent Range (14) -98.93 BUY Ultimate Oscillator (7, 14, 28) 38.27 NEUTRAL VWMA (10) 1.78 SELL Hull Moving Average (9) 1.58 SELL Ichimoku Cloud B/L (9, 26, 52, 26) 2.28 NEUTRAL
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Stacks is at 40.09, suggesting that STX is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Stacks over the last 50 days. Currently, Stacks is trading above the SMA 50 trendline, which is a bullish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the STX closing price for the last 200 days. STX is now trading above the SMA 200, signaling that the market is currently bullish.
The bottom line about this Stacks prediction
After considering the above factors, we can conclude that the current forecast for Stacks price prediction is Bearish. STX would have to increase by 8.49% to hit our $ 1.71 target within the next five days. Moving forward, it will be important to monitor the STX market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Stacks price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
