🥳 Earning Growth Points can Win an iPhone 16?
🔥 Gate Post Growth Points Summer Lucky Draw Round 1️⃣ 1️⃣ Is Live!
🎁Prize pool over $10,000! Win iPhone 16 Pro Max 512G, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=11
How to earn Growth Points fast?
1️⃣ Go to [Post], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
New feature this round: “Fragment Exchange”! Collect fragments to redeem exclusive Gate merch!
100% chance t
Stacks (STX) Price Recovery Begins, Will it Hit The $1 Mark?
Stacks’ price analysis suggests that the STX price is beginning to recover after a sharp fall from December 2024 to March 2025. The daily chart shows that STX/USD hit a high of $2.50 in December 2024, but then started a sharp decline
The pair fell to a bottom near $0.50 in March 2025, which meant it lost 80% of its value from the previous high in December. Since late March, STX has been forming a base and showing signs it may recover.
According to CMC data, at the time of writing, STX is trading at around $0.90, almost twice its value from March. The past two months have seen the price form higher lows and higher highs, which may indicate that the trend is changing. The $1.00 mark is where immediate resistance occurs, and the 200-day EMA reveals that the next resistance is at $1.11.
What’s Next In Stacks (STX) Price?
The MACD line, signal line and histogram all show a positive divergence respectively. In April, the MACD lines crossed the median line, and this happened at the beginning of the recovery phase. Meanwhile, the histogram continues to show positive momentum.
It is especially important to note that the Social Sentiment indicator has been positive since April, even with the slight dip to -0.2051 now. It means that investors are becoming more confident in the market, despite some short-term changes.
STX EMA analysis shows the price currently above the 50-day EMA (0.8254) yet below the 200-day EMA (1.1100). It usually suggests that the market is moving from being bearish to being bullish.
The main support for STX traders is at $0.50, and immediate resistance can be found at $1.00 and $1.11. Recent trading shows that when prices go up, green volume bars are increasing, which supports the recovery. Breaking above $1.11 could open the door for STX to advance to the $1.50 region.
Highlighted Crypto News Today:
South Korea to Enforce Strict KYC Rules for Crypto Sales in June