Stacks Price Prediction 2024, 2025, 2030: Is Stacks Coin A Good Buy For 2024?

The recent surge in STX price at the beginning of 2024 has hit a stumbling block, with resistance forming above the $1.50 threshold. After encountering a firm rejection at $1.74, the Stacks price movement has adopted a lateral trajectory, clinging to the pivotal $1.50 level as investors grapple with the potential of a downturn.

The initial 15% increase of the new year party is now under threat as volatility intensifies on the Stacks chart. However, forecasts remain optimistic, indicating a strong possibility of an upward momentum in the months ahead.

Coming to fundamentals, STX Network shows up as a unique identity, leading to a massive increase in its market values. Again, Stacks is linked to the blockchain network. Stacks uses the Proof-of-Transfer (PoX) algorithm. It is practical because stakers could acquire Bitcoin by storing STX in their wallets, while miners could perhaps invest Bitcoin and receive STX in exchange.

So, if you are planning to buy Stacks, we have your back with our latest STX price prediction and with all the significant updates. Follow the forecast to the end to know more about the Stacks Price Prediction for 2024 and the years to come!

Overview

Cryptocurrency	Stacks
Token	STX
Price	$ 2.99058183 -4.67%
Market cap	$ 4,318,550,883.7346
Circulating Supply	1,444,050,397.5685
Trading Volume	$ 596,188,340.6361
All-time high	$3.61 on 16th November 2021
All-time low	$0.04501 on 13th March 2020
24 High	$ 3.2500
24 Low	$ 2.8250

*The statistics are from press time.

The decisive breakout from the $0.82 neckline catalyzed an impressive near-90% rally in STX’s value over the past 25 days. Yet, the ascent now confronts a new hurdle. The resistance near $1.75 significantly challenges the altcoin’s continued recovery.

The surge in trading volume, mirroring the ongoing tug-of-war in the market, signifies heightened engagement from investors with diverse perspectives. A long-range Doji candlestick, observed on Wednesday’s daily chart, suggests a current state of indecision among traders.

As of the latest update, STX is trading at $1.5483, exhibiting a marginal change of 0.424% with a pronounced upper wick. This indicates robust selling pressure at higher levels in today’s market dynamics.

The critical question now is: Can STX reach the $2 mark? Despite the recent rebound above $1.50, momentum is waning as sellers gain traction. The prevailing long-term trend is struggling to break past the $1.75 barrier, while buyers are having difficulty maintaining ground at the $1.50 level.

This raises the possibility of a bearish downturn. However, if buyers maintain control at $1.50, the prospect of STX climbing to $2 remains viable. On the flip side, failure to hold above $1.50 could lead to a retest of the $1.20 support level.

Stacks Crypto Price Prediction 2024

Stacks have experienced rapid growth in recent years. The features offered by the team have enabled new groundbreaking use instances of smart contracts on the globe’s first blockchain, that is, Bitcoin. 

The bulls will take over the Stacks market in 2024, harboring on to its significant adoption and growing availability. As a result, the maximum price of the Stacks will be manipulated by its widespread adoption and would zig-zag around $3.12.

On the flip side, the STX price is expected to acquire a low of $1.85 in 2024, with an average trading price of $2.48 for the year. As a result, investing in Stacks at current prices will be profitable in the long run.

Stacks Price Prediction 2024 – 2030

Stacks Price Prediction 2025

Furthermore, STX will become more open and robust in 2025. Concentrating on that, programmers would be able to build on top of one another apps more efficiently to produce functionalities that seem to be not feasible in a typical app. All these facets will induce its price in 2025 to a maximum of $4.53.

However, pressure in the buying and selling could pull back the price to the minimum of $2.98, with an average of $3.75.

Stacks (STX) Price Prediction 2026

According to our analysts, STX prediction for the year 2026 could range between $3.67 to $5.22 and the average Stacks price could be around $4.44.

STX Crypto Price Prediction 2027

According to our analysts, Stacks price for the year 2027 could range between $4.33 to $6.01 and the average STX price could be around $5.17.

Stacks Coin Price Prediction 2028

According to our analysts, STX price prediction for the year 2028 could range between $5.18 to $6.94 and the average price of Stacks could be around $6.06.

STX Price Prediction 2029

According to our analysts, Stacks forecast for the year 2029 could range between $5.84 to $7.86 and the average price of STX could be around $6.85.

Stacks Price Prediction 2030

According to our analysts, STX predictions for the year 2030 could range between $7.13 to $9.21 and the average price of Stacks could be around $8.17.

Market Analysis

*We have made a table that includes the possible price prediction for the same token made by other crypto analysts on their respective platforms. The targets mentioned above are the average targets set by the respective firms.

CoinPedia’s Stacks Coin Price Prediction

Stacks grew in popularity in 2021, demonstrating its capability to implement real-world smart contracts on the Bitcoin ecology and platform. As per our price prediction for STX, investing in it can be an excellent long-term asset. 

Furthermore, STX added a massive price to its valuation of the year, indicating a strong fundamental for this project. The maximum price of STX can be around $3.12 by the end of 2024, with a minimum price margin of $1.85. Also, the coin will average at $2.48.

What Is Stacks (STX)?

Stacks is a layer-1 blockchain that enables smart contracts and dApps on Bitcoin (BTC). Furthermore, these smart contracts are bought into Bitcoin without modifying any details that help make it so potent, including its stability and security.

Stacks is attempting to bring dApps to Bitcoin in terms of smart contracts. Such DApps are responsive and modular, implying that programmers can merge them to create features that would be hard to accomplish in a traditional platform. The platform’s primary goal is to unfold Bitcoin’s peak performance.

Furthermore, the Stacks ecosystem seeks power from its cryptocurrency, STX. It’s a coin that uses blockchain technology to enforce decentralized applications, payments, and the development of innovative virtual currencies.

Fundamental Analysis

The framework was previously known as Blockstack, but in the 4th quarter of 2020, it was renamed Stacks to distinguish the platform and open-sourced program from Blockstack PBC. This corporation created the original platform protocols. Stacks 2.0, for example, was live in January 2021.

Stacks are integrated into Bitcoin by its consensual system, forming a Proof of Transfer linkage across Bitcoin and Stacks (PoX). Proof of Transfer enhances Bitcoin’s Proof of Work (PoW) to advance elevated levels of decentralization and sustainability while conserving natural resources.

Stacks intends to create a solution that protects confidentiality by allowing only customers to govern their information. Furthermore, it might be called the Web’s application layer, which is currently managed by firms such as Facebook and Google.

Historical Price Sentiments 2019 – 2023

• STX was live in 2019 with a price tag of $0.21. Even by the close of 2020, the price had fallen to about $0.3. During the last week of the year, it had climbed a little over to $0.4. 
• The STX value has undergone many notable price jumps throughout the year 2021. 
• In April, the cost of Stacks rose to $2.7, a 10x increase compared to the previous year.
• Amidst the market crash, STX’s price fell to $0.59 in July. 
• The price soared to $3.61 in November 2021, an all-time high. 
• After being inactive for most of December, STX was trading at $2.17, by the end of 2021.
• STX token dropped to a three-month low of $0.9875 on February 24th and $1.90 on March 10th. Further, STX traded at $1.45 with a market valuation of $1.9 billion (£1.4 billion) on April 5th.
• However, its cost has reduced since April, striking the low of $0.01344 on May 1st, 2022. The projection ahead was difficult for STX, the altcoin fell to $0.303 by the 15th of June. Following a surge in volumes, Stacks concluded 2022 at $0.2059.
• The Stacks price had a notable run during the year 2023, as it recorded gains of over 450%, resulting in the price reclaiming the $1 mark with a high of $1.3102

CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you!

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