Connect with us

Crypto World

Stacks price retests $0.28: can STX go higher?

Published

on

Stacks Price Token
Stacks Price Token
  • Stacks price surged by 5% to test resistance near $0.28.
  • Gains follow Bitcoin’s uptick to $67,500.
  • STX could still dip to recent lows if the Bitcoin price falls to new lows.

Stacks’ STX token edged higher on the day as Bitcoin held above the $67,500 level following a roughly 2% intraday move.

Despite the modest gain, the Bitcoin layer-2 network’s native token continues to trade in volatile conditions, reflecting uncertainty across the broader cryptocurrency market.

A sustained pickup in momentum could lift STX toward levels last seen in May 2025.

However, ongoing market turbulence and expectations of further downside risk for Bitcoin suggest Stacks may remain under pressure.

Analysts point to $0.24 as a key support level that bulls will need to defend to prevent a deeper pullback.

Advertisement

Stacks price today

STX posted modest daily gains on February 12, 2026, trading around $0.27 at the time of writing with a 5% uptick.

But buyers are hovering at these levels after hitting resistance around $.028, a level reached after STX recovered from Feb.5, 2026, lows of $0.22.

Despite weekly losses having moderated to 2%, Stacks remains more than 32% down in the monthly time frame.

Meanwhile, gains on the day have also come amid reduced buyer interest, with daily trading volume down 6% to $13.2 million.

Advertisement

Notably, prices remain within the range that offers support at $0.24, with bulls revisiting the level on three occasions year-to-date.

Stacks price prediction

Stacks is among the top Bitcoin DeFi protocols looking to leverage a layer-2 network to enable smart contracts and yield opportunities directly on Bitcoin’s security.

The project has gained traction as the digital asset investment space broadens.

One of its landmark moves is the recent integration with Fireblocks, which could potentially expose over 2,400 institutional clients to STX for native Bitcoin DeFi participation.

Advertisement

“Bitcoiners want to earn yield without sacrificing security. They want their yield to be denominated in Bitcoin and ideally, with as few additional trust assumptions as possible,” the firms stated in their announcement.

Clients will be able to tap into Bitcoin-denominated rewards, BTC-yielding vaults, and BTC-backed loans.

This institutional gateway could significantly boost STX adoption, especially if Bitcoin prices spike.

Bulls could eye the $0.56-$0.60 range or higher, with the altcoin having reached highs of $1.05 in May 2025.

The technical picture supports this short-term outlook and targets.

Advertisement

On the daily chart, the Relative Strength Index (RSI) hovers at 34, but signals bullish divergence.

Charts also show the Moving Average Convergence Divergence (MACD) indicator pointing to a bullish crossover.

Stacks Price Chart
Stacks price chart by TradingView

If Bitcoin faces intensified selling pressure, Stacks’ upside potential could suffer.

In this case, STX may find support in the $0.23-$0.20 area.

Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto World

US Bitcoin ETFs Post $462 Million Inflows as BTC Tops $73K

Published

on

US Bitcoin ETFs Post $462 Million Inflows as BTC Tops $73K

US spot Bitcoin exchange-traded funds increased inflows on Wednesday, with gains distributed across most issuers, as BTC briefly surged past $73,000.

Spot Bitcoin (BTC) ETFs posted $462 million in net inflows, marking the third consecutive day of inflows and bringing the weekly total to $1.1 billion, according to Farside data.

The new gains bring year-to-date flows to about $700 million, a modest amount after the ETFs shed $3.8 billion during a five-week outflow streak.

Ether (ETH) funds shared the sentiment, drawing $169 million in inflows after seeing minor outflows of $11 million on Tuesday.

Advertisement

The flows highlight a potential market reversal, with analysts observing that most Bitcoin ETFs have now turned to net positive flows YTD.

All but one spot Bitcoin fund see gains

Wednesday marked a rare occasion when nearly all US spot Bitcoin funds attracted inflows, with only the CoinShares Bitcoin ETF (BRRR) recording zero inflows on the day.

BlackRock’s iShares Bitcoin Trust ETF (IBIT) again led inflows with $307 million, followed by the Fidelity Wise Origin Bitcoin Fund (FBTC) and the Grayscale Bitcoin Mini Trust ETF (BTC) with $48 million and $32 million, respectively.

Daily flows in US spot Bitcoin ETFs by issuer since Monday (in millions of US dollars). Source: Farside.co.uk

According to Bloomberg ETF analyst Eric Balchunas, almost all Bitcoin ETFs had turned net positive in year-to-date flows as of Tuesday, with only three funds still showing losses.

Those include FBTC with $1.1 billion in outflows, as well as the Grayscale Bitcoin Trust ETF (GBTC) and the ARK 21Shares Bitcoin ETF (ARKB), which have seen $648 million and $162 million in outflows, respectively.

Advertisement
Source: Eric Balchunas

The latest wave of gains in Bitcoin ETFs came amid a sentiment recovery attempt, with the Crypto Fear & Greed Index jumping 12 points over the past 24 hours, according to Alternative.me data.

Related: Altcoin chatter sinks to 2-year low as Bitcoin holds attention

Despite Bitcoin recovering about 20% from February’s low of $60,000, the index still stands at “extreme fear” with a score of 20.

At the time of writing, Bitcoin traded at $72,214, down about 8% over the past 30 days, according to CoinGecko.

Magazine: Would Bitcoin really be at $200K if not for Jane Street? Trade Secrets

Advertisement