The post Stacks Crypto Faces Low Volatility, Can STX Hit $3.80 In 2025? appeared on BitcoinEthereumNews.com.

The price action of Stacks (STX) crypto showed a shift with prior resistance levels turning into support zones. Stacks showed strength as it climbed, briefly stabilizing before a critical retest of support at $2.06. This level had been transformed from a resistance barrier. This pivotal change marked a clear consolidation pattern beneath the resistance of $2.31. As prices fluctuated, the support at $1.29 provided a solid base, culminating in a recovery attempt that peaked near $2.314. This level posed substantial resistance, testing the market’s resolve. The narrative suggested that surpassing this resistance could potentially catalyze a Stacks (STX) crypto surge towards $3.80. This would imply the likelihood of a new all-time high. Volume trends paralleled these price actions, with noticeable spikes during major price adjustments, reflecting heightened trading interest. – Advertisement – The RSI indicated overbought or oversold conditions at key turning points, providing further insights into potential future movements. If Stacks were to maintain strength above this level, it could set a precedent for reaching and possibly exceeding the $3.80 mark, reshaping its market trajectory. VanEck’s Prediction on Bitcoin L2s As VanEck’s predictions highlighted, the broader crypto bull market peaked in Q1. It reached new heights in Q4, with significant developments across various sectors. Stacks, US-based Bitcoin Layer 2 solution, was at the forefront of the crypto market’s evolution. Particularly, Bitcoin L2s were projected to achieve a total value locked (TVL) of 100,000 BTC, a benchmark Stacks was pivotal in approaching. Previously, Stacks demonstrated its capacity to adapt and grow, leveraging its position to potentially reach a market cap of $3.5 Billion. Its trading patterns reflected investor optimism, with key resistance and support levels at various points. The robust developer activity within the Stacks ecosystem, coupled with the impending launch of sBTC, positioned it to capitalize significantly on the…

---

Filed under: News - @ December 16, 2024 3:25 am