Markets· ★★· bearish·

Stacks (STX) Falls 3.32% to $0.387 on Volume 38% Below Average

  • —Price at $0.3869, down 3.32% on the day with $20.83M volume
  • —Volume 38.05% below the 30-day average, ruling out broad capitulation
  • —RSI at 59.2 and a bearish MACD histogram point to mixed momentum
  • —STX is up 40.48% over 30 days and 131.14% over 90 days
Why it matters: The decline on light volume looks like profit-taking rather than a trend reversal; the SMA-10 at $0.3869 is the level to watch.
Source: DiarioBitcoin