Creative Forecast STX Technical Analysis for Today June 26th Stacking Prices

CoinDesk reports:
If the market can keep the coin above the $1.77 resistance level, Stacks’ price prediction may trigger a bull market.
Stacks Forecast Stats:
Stacks price now – $1.77 Stacks market cap – $2.48 billion Stacks circulating supply – 1.46 billion Stacks total supply – 1.8 billion Stacks CoinMarketCap ranking – 35th
STX/USD Market
Key levels:
Resistance levels: $2.50, $2.70, $2.90 Support levels: $1.00, $0.80, $0.60
STX/USD – Daily Chart
STX/USD went long above the $1.59 resistance level, with a price increase of 11.65%. With a slight upward movement in the coin, Stacks’ price may experience a slight retreat before rising. Meanwhile, if the bulls can keep the coin above the 9-day moving average, traders can expect the price to continue to rise.
Stacks Price Prediction: STX/USD may move up
The price of Stacks is approaching around $1.77, the 21-day moving average. If the price continues to show a bullish trend, traders can anticipate the bull market to continue upward. Additionally, the 9-day average may need to cross above the 21-day average to increase the bullish trend, with possible resistance levels at $2.50, $2.70, and $2.90.
Furthermore, if the coin maintains a bullish trend in the coming days, traders may see more coins reaching higher levels. Currently, Stacks’ price is attempting to form a bullish trend in the short term, but conversely, any bearish trend below the lower channel may push the coin to support levels at $1.00, $0.80, and $0.60.
STX/BTC may fall below daily highs
Compared to Bitcoin, as long as Bitcoin stays within the 9-day and 21-day moving averages, Stacks’ price will move towards the lower boundary of the channel. According to the daily chart, it is necessary to increase volume and resistance to trigger market excitement. Currently, the trading price of Stacks (STX) is near 2791 SAT, but if the coin moves south, traders expect support at 2000 SAT and below.
Despite this, if the bull market pushes the price above the upper limit of the channel; then, traders can confirm a bull market for the coin. Additionally, the closest resistance level may be at 3900 SAT and above, as the 9-day average may cross above the 21-day average, indicating a bull market within the channel.
Meanwhile, @0xENAS on X (formerly Twitter) shared with his over 50,000 followers the news of a significant increase in $STX. He believes that Stacks is on the edge of a multi-timeframe alt reversal to the upside and emphasizes that its chart is one of the cleanest charts currently. The delayed Taproot upgrade is finally expected to take place next month, laying the foundation for a strong upgrade. Those who jumped in early in the bull market have been shaken out, but now there is a clear arrangement for a strong rebound. As long as there are tight stop losses, the expected value of these early narrative bets is very high. He suggests stopping below $1.50, but if not, it’s time to adjust trades and take advantage of this opportunity.