The Future of STXUSDT: A Look at the Key Catalysts - Stacks

◳◱ On the STXUSDT chart, the Bband Breakout pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 2.817 | 3.178 | 3.998 and support near 1.997 | 1.538 | 0.718. Entering trades at 2.49 could be strategic, aiming for the next resistance level.

◰◲ General Information:
▣ Name: Stacks
▣ Rank: 56
▣ Exchanges: Binance, Kucoin, Gateio, Mexc
▣ Category / Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Stacks (formerly Blockstack) provides software for internet ownership, which includes infrastructure and developer tools to power a computing network and ecosystem for decentralized applications (dApps). Its focus is to replace the reliance on centralized cloud service providers and apps that harvest and monetize user information. The Stacks network allows users to directly own digital assets like usernames, domain names, computer programs, etc. On the Stacks blockchain, computing is done on the edges (i.e., client devices), and applications on the platform store data individually and use the blockchain only when necessary.

◰◲ Technical Metrics:
▣ Current Price: 2.49 ₮
▣ 24H Volume: 85,569,157.492 ₮
▣ 24H Change: 3.063%
▣ Weekly Change: 2.63%%
▣ Monthly Change: 25.12%%
▣ Quarterly Change: 68.55%%

◲◰ Pivot Points:
▣ Resistance Level: 2.817 | 3.178 | 3.998
▣ Support Level: 1.997 | 1.538 | 0.718

◱◳ Indicator Recommendations:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY

◰◲ Summary of Technical Indicators: BUY

◲◰ Sharpe Ratios:
▣ Last 30 Days: 3.91
▣ Last 90 Days: 2.21
▣ Last Year: 1.28
▣ Last 3 Years: 0.53

◲◰ Volatility Analysis:
▣ Last 30 Days: 1.01
▣ Last 90 Days: 1.00
▣ Last Year: 1.12
▣ Last 3 Years: 1.17

◳◰ Market Sentiment:
▣ News Sentiment: N/A
▣ Twitter Sentiment: N/A
▣ Reddit Sentiment: N/A

▣ In-depth STXUSDT analysis available at TradingView TA Page

snapshot

Your thoughts matter! What do you think of this analysis? Share your insights in the comments below. Your like, follow, and support are greatly valued and help sustain high-quality content.

Disclaimer: Disclaimer
The content provided is for informational purposes only and does not constitute financial, investment, or trading advice. Always conduct your own research and consult a qualified professional before making any financial decisions. Use of the information is solely at your own risk.

Explore the Power of Charting with TradingView
Unlock a wide range of financial analysis tools, data, and features to elevate your trading experience. Take a tour and see the possibilities. If you decide to upgrade your plan, you can receive up to $30 back. Discover more here - affiliate link -
Chart PatternscryptocurrenciescryptotradingTechnical IndicatorsSTXSTXUSDTstxusdtlongtechnical_analysistradingsignalsTrend Analysis

Also on:

Disclaimer