The Stacks asset is expressing bearish behavior as social volume, volatility, and price volume have declined and have the opportunity to fall further on the daily chart. It performed poorly last week, and month with a -8.09%, and -1.22% respectively, implying a possible start of a stable downtrend for the coming sessions.
Since then, the Stacks crypto has demonstrated a decline from the supply reign as the price sank from a vital hurdle level of around $3.800 on the chart.
STX crypto is almost at a big fall, as it meets the resistance level and could dive to new lows from the current price.
Stacks Price Forecast And Indicator Study
The Stacks price asset plunged below the 20-day and 50-day EMA bands, reliant on the sellers' surge could deteriorate more.
Likewise, the Stacks price asset is displaying bearish characteristics as MACD is below the zero line at -0.0064 and the RSI is falling smoothly below the median line at 44.07, implying that the STX asset is losing momentum and can achieve new depths in the coming sessions.
At press time, the STX crypto had experienced a 0.34% incline in the last 24 hours with CMP at $3.000. Therefore, if the Stacks price fails to stay above the $2.700 level, it could decline further and reach lower lows.
However, if the demand for the crypto remains high, the Stacks asset price could bounce back from the current level. The next goal for Stacks would be is to reach $3.500 and $4.000.
Since then, the Stacks crypto has demonstrated a decline from the supply reign as the price sank from a vital hurdle level of around $3.800 on the chart.
STX crypto is almost at a big fall, as it meets the resistance level and could dive to new lows from the current price.
Stacks Price Forecast And Indicator Study
The Stacks price asset plunged below the 20-day and 50-day EMA bands, reliant on the sellers' surge could deteriorate more.
Likewise, the Stacks price asset is displaying bearish characteristics as MACD is below the zero line at -0.0064 and the RSI is falling smoothly below the median line at 44.07, implying that the STX asset is losing momentum and can achieve new depths in the coming sessions.
At press time, the STX crypto had experienced a 0.34% incline in the last 24 hours with CMP at $3.000. Therefore, if the Stacks price fails to stay above the $2.700 level, it could decline further and reach lower lows.
However, if the demand for the crypto remains high, the Stacks asset price could bounce back from the current level. The next goal for Stacks would be is to reach $3.500 and $4.000.