Stacks (STX) Price Action

The STX price has successfully regained momentum after trading under a bearish sentiment for a brief period. Moreover, with a trading volume of $79.179 Million, this altcoin has jumped 1.36% over the past day and has secured the 34th position in the global crypto list.

The Simple Moving Average (SMA) constantly acts as a support to the STX price chart in the 1D time frame, suggesting a rising bullish sentiment for the altcoin in the market. However, the MACD shows a constant flatline with its averages showing a bullish convergence. This highlights a mixed sentiment.

If the market regains momentum, the Stacks price will surpass its resistance level and head toward its upper level of $2.135. Conversely, if the bears overpowered the bulls, the altcoin will retest its crucial support level of $1.265.$STX