The post STX Price Teases Breakout Trend To Cross $1.50 This New Year! appeared first on Coinpedia Fintech News
Starting the week on a highly bullish note, the STX price shows a sharp jump of 8.98%. The Stacks crypto finds immense bullish momentum and increases the anticipations around a swing high breakout and a new 52-week high formation.
Being a top performer at the start of this week, STX ranks in the top gainer’s chart, reflecting investors’ huge interest. Therefore, the STX price prediction projects a high likelihood of uptrend continuation in the coming months.
Source – TradingView
With a retest of the 38.20% Fibonacci level and a long tail to retest the $0.82 neckline breakout of a rounding bottom, STX price makes a strong comeback. Reclaiming $1 and sustaining above it over the weekend, the STX crypto shows a sharp rise in underlying demand.
Further, the recent bounceback shows a short-term rounding bottom forming with a neckline at $1.18. Fueled by the post-retest
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