Stacks Price Climbs 7% Toward Where Its Last Rally Began

STX rose about 7.2% to $0.309 in the latest session, up $0.021, after touching $0.311 and opening at $0.287 on its daily chart. The Stacks cryptocurrency reclaimed the 0.500 Fibonacci midpoint near $0.292 following two sessions of selling that carried it below that level. The pullback came after STX peaked at $0.465 in mid-October. Its 14-day RSI rose to 42.4 and crossed above its 39.7 signal line. The next technical test is $0.333-$0.339, where the 0.382 retracement meets the 50-day moving average; volume was about 2.93 million STX with the candle not yet closed.