The sentiment around Stacks (STX) has turned bearish after a significant price fall of 43.8% in the past month. However, market analyst Ali Martinez suggests that STX may be preparing for an upward momentum and a possible 25% price move. The current price of STX is $0.9386, but Martinez's technical analysis indicates a potential surge in the coming weeks. Despite the recent decline, the formation of an ascending channel suggests the possibility of a bullish trend. If STX can maintain its price above the key support level of $0.892, it could signal an imminent price recovery. The upper border of the channel indicates potential price growth targets at $1.7371 and $2.0435. Despite the current downtrend and decreased investor sentiment, STX's long-term prospects remain strong.
Content Editor ( blockchainreporter.net )
- 2025-02-16
STX on A Rebound? Analyst Says Stacks Ready for A 25% Price Surge
