- Stacks’ price rose 12% to nearly $0.38 as Bitcoin turned green.
- The layer-2 token could climb to $0.56 and potentially higher if BTC continues its gains.
- However, bulls may face a pullback if the RSI reaches overbought conditions.
Several altcoins, including Stacks, rallied amid Bitcoin’s impressive surge on Monday. Ethereum and XRP also moved up to notable levels.
With BTC pushing above $93,800, supporting altcoins such as Stacks hit multiweek highs.
As the flagship digital asset attempts to hold its gains, the layer‑2 solution Stacks is targeting a key price level after reaching intraday highs.
Volume spikes point to buying pressure for STX.
Stacks price jumps 12% to above $0.37
On January 5, 2026, STX climbed more than 12%, outperforming many peers in the altcoin space.
This upward move coincided with Bitcoin’s push toward $94,000.
BTC approached that threshold as buyers drove intraday highs to $93,972 on major crypto exchanges.
Meanwhile, STX briefly traded around $0.38 amid broad market optimism.
Traders view Stacks as a “Bitcoin beta” play, where BTC moves often lead to outsized returns for related tokens.
The network’s ability to support DeFi, NFTs and scalable applications secured by Bitcoin attracts investor interest in tokens built on top of it.
BTC onchain never worked for institutions due to hard tradeoffs.
That’s no longer the case.
Stacks integrations and upgrades changed the setup.
Here are 7 reasons institutions are now deploying BTC via Stacks. 🧵 ⬇️ pic.twitter.com/ikGxkv8kBV
— The Advisor.btc 🟧 (@theadvisorbtc) December 31, 2025
Stacks price outlook: channel breakout targets $0.56
The STX token extended its recent gains after a technical breakout from a long‑standing descending channel that had governed price action for months.
The channel, defined by lower highs and lower lows, was in place since the token peaked in May 2025 and reflected persistent bearish control.
During that period STX mostly traded below the 50‑day simple moving average, reinforcing the downtrend.
The latest move above the channel’s upper boundary has also pushed the token above its 50‑day SMA, signaling a potential shift in short‑term momentum.
Analysts note this breakout opens the door for a retest of the $0.56 area, which aligns with an extension of the broader downtrend line from the May 2025 high.
That zone is technically significant, as it previously marked the area where a sharp 27% drop occurred during the market sell-off on October 10, 2025, and it could serve as an important test of bullish conviction going forward.
On the daily chart, the Moving Average Convergence Divergence (MACD) signal points to improved momentum, supporting a short‑term bullish bias while buying interest remains dominant.
That said, the setup also shows signs of overheating. The daily Relative Strength Index (RSI) has moved into overbought territory, suggesting the rally could be vulnerable to a pause or reversal.
Under these conditions, Stacks may enter a period of consolidation or see a sharper pullback as traders lock in profits.
If selling pressure returns, analysts see $0.30 as the initial support level, with a deeper retreat potentially testing the $0.24 area.