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Stacks (STX)

In the past six months, Stacks (STX) has experienced significant growth, with its price rising by over 55%.

Just last month, the token surged nearly 33%. However, it has slightly declined about 8% in the past week, with the current trading range between $1.96 and $2.84.

The recent decline may be a temporary correction in the overall upward trend. The Relative Strength Index (RSI) is at 55.07, indicating that the token is neither overbought nor oversold.

The 10-day and 100-day simple moving averages hover around $2.48 and $2.34, respectively, indicating moderate bullish momentum. The MACD level is at 0.0299, which also suggests a potential upward movement.

If STX successfully breaks through the recent resistance level of $3.22, it may target the next resistance level of $4.09. This means a potential increase of about 44% from the current level.

On the downside, if the price falls below the recent support level of $1.47, it may test the second support level at $0.5981, which would be a significant decline. Traders are closely watching these key levels to determine the next move for the token.

IOTA

IOTA has seen significant price fluctuations recently, with an increase of 154.56% over the past month, a strong upward trend, and a rise of 136.67% over the past six months, but it has fallen by 17.32% in the past week, indicating some bearish pressure in the short term.

IOTA is currently trading between $0.32 and $0.48, close to its 10-day and 100-day simple moving averages of $0.38 and $0.40.

The recent resistance level is at $0.57. If the price breaks this resistance level, it may target the second resistance level of $0.73, which would result in an increase of about 52%. On the downside, the recent support level is at $0.24. Falling below this support level may drive the price down to the second support level of $0.0832.

Technical indicators are sending mixed signals. The Relative Strength Index is at 56.57, indicating the market is neither overbought nor oversold. The Stochastic Oscillator is at 79.79, close to the overbought area, which may lead to a price correction.

The MACD level is slightly negative at -0.0009444, suggesting potential bearish momentum. Based on this data, IOTA may consolidate in the short term before making a decisive move.

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