STACKS Price Prediction, Is the Bullish Surge Ready to Roll Again

STACKS price hold $1.50 suggests potential for $2.00.

• According to Coingabbar Price Analysis, Panic selling occurred yesterday ahead of a potential SEC rejection of all ETF applications, causing a crypto crash.

• Despite uncertainty in major cryptocurrencies, Stacks showed a strong bounceback from the combined support of $1.20 and the 200-day moving average.

• The $1.75 mark is a crucial roadblock for the Stacks recovery.

• The Stacks daily chart exhibited indecision with the formation of a long-range Doji on Wednesday, indicating a lack of clear direction in the recent market activity.

• After breaching the neckline of the rounding bottom pattern, Stacks' price is looking bullish.

• The bullish trend in the STX price, currently above the $1.50 mark, remains indecisive.

• If the uptrend regains momentum, the STX price has the potential to shoot to the $2 mark.

KEY LEVELS :

RESISTANCE LEVEL : $1.66-$1.74

SUPPORT LEVEL : $1.52-$1.45

Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.