The post STX Price Pull Brings A Textbook Dip To Buy, Is It Worth Buying? appeared first on Coinpedia Fintech News
With the overall market losing momentum and crashing below crucial levels of support, the altcoins are dropping all over. Amidst such bearish noise, the STX price trend finds a ray of bullish hope, with the buyers reclaiming the 50-day EMA.
With a sudden increase in the buying spirit, Stacks prepares a reversal plot despite the sell-off popularity in the overall market. Supporting the optimistic road, our STX price prediction projects a strong possibility of Stacks giving a bull run this year.
Source – TradingView
With a 34% pullback in a fortnight, the STX price drops under $1.50 after struggling to find a closing price above $2. Due to the immense selling pressure fueled by profit booking and the growing FUD in the market, the Stacks market cap declined quickly.
However, the recent drop under the 50-day EMA triggers a desperate comeback from buyers, leading to a
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