Will Stacks Price Hit $3.70 This Month?

Stacks (STX), currently trading at $0.8431, has caught the attention of traders and analysts alike. With a 24-hour trading volume of $91.9 million, the token has climbed 8.82% in the past 24 hours and 0.64% in the last hour, signaling short-term strength. While the 50-day Simple Moving Average (SMA) rests at $0.6788, the 200-day SMA sits significantly higher at $1.32, hinting at long-term recovery potential if momentum continues. These developments are fueling growing interest in Stacks price prediction 2025, as investors look ahead to where this rising token might head in the coming year.

On the technical front, multiple bullish patterns have emerged:

• @WHALES_CRYPTOzz highlighted a falling wedge breakout on the 12-hour chart, targeting $2.40.

• A descending resistance line breakout, backed by volume, is being closely monitored.

• A bounce from a symmetrical triangle support on the daily chart offers targets at $2.19, $2.80, and $3.70.

• STX is also seen consolidating in a descending channel, with a breakout possibly driving prices to $3.12.

Also Read: Yearn Finance Price Prediction 2025, 2026, 2027 – 2030

Beyond technicals, fundamental growth is fueling optimism. The Stacks DeFi ecosystem saw a 400% surge in stablecoin supply during Q1 2025, indicating rising liquidity and dApp usage. Additionally, BitGo's integration of sBTC has boosted institutional interest by enabling Bitcoin to be utilized in smart contracts on Stacks.

Although precise on-chain metrics for May are unavailable, the liquidity surge implies increased network activity. This supports the price rally and reflects growing user engagement.

Community sentiment on X remains overwhelmingly bullish, with no significant bearish outlooks shared. Traders anticipate a breakout, supported by improving fundamentals and strong technical setups.

For seasoned crypto users, Stacks offers a compelling narrative: real-world utility via sBTC, increased DeFi traction, and bullish chart formations. If breakout patterns confirm, STX could be positioning for a major move