Stacks (STX) has quietly outperformed most of the crypto market, gaining 43% in just seven days—far ahead of Bitcoin’s 10% increase. This strong rally followed a breakout from a descending wedge pattern, a well-known bullish reversal formation that had been developing since February 2025. With such momentum, many traders are now revising their Stacks price prediction and looking for signs of continued growth.
Breakout Confirms Bullish Trend
After peaking at $3.01 in December 2024, STX went through months of correction. It finally bounced off the wedge’s support line on April 7 and confirmed a breakout on April 21. This move likely ended a five-wave corrective decline, signaling a potential trend reversal.
Since the breakout, STX has been pushing toward the key $1 resistance level—a price not reached since January. If it breaks above this zone, the next resistance is near $1.38, aligned with the 0.382 Fibonacci retracement level.
Indicators Support the Rally
Technical indicators are showing strong support for the uptrend:
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The Relative Strength Index (RSI) and MACD both showed bullish divergences before the breakout.
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Both indicators continue to rise, with no signs of bearish reversal yet.
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On-Chain and Institutional Momentum
Investor interest in Stacks’ DeFi ecosystem is growing rapidly. The protocol’s stablecoin market cap has surged over 400% to nearly $6 million, placing Stacks as the third-largest Bitcoin-sidechain protocol behind Cronos and Morph.
Other bullish signals include:
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Grayscale launching an STX Trust Fund, highlighting institutional demand.
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STX staking available on exchanges like crypto.com, with increased staking activity reflecting rising investor confidence.
Derivatives and Monthly Returns Support Strength
Stacks’ April performance stands out with a 44% gain—breaking a three-month streak of negative returns. Open Interest (OI) in STX derivatives rose 25.6% to $73.26 million, while trading volume jumped 54.4% to $283 million, showing strong trader engagement.
What’s Next for STX?
With bullish technicals, rising investor interest, and strong market activity, STX appears to be entering a new growth phase. A clean break above $1 could pave the way for a move toward $1.38 and beyond.
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