Stacks Price Prediction – Why STX Could Rally to $0.39 Soon

Highlights:

• Stacks is in a bullish reversal after hitting the $0.238 support
• STX momentum rises, could rally to $0.39.
• Bitcoin rebound likely to help sustain Stacks’ momentum

Stacks (STX) is one of the biggest gainers in the last 24 hours. In this period, Stacks has gained by 18.63% to trade at $0.298. Stacks’ trading volumes are also on the rise intraday. They currently stand at $46.9 million, an intraday increase of 240.72%. This parabolic increase in trading volume as the price rises shows that investor confidence in Stacks is rising. New capital is flowing in as investors expect the price to rise further in the short to medium term. There are multiple factors that support the momentum that Stacks has built up intraday. 

STX Set to Rally to $0.39 on Bitcoin Rebound

One of them is the fact that fear-selling around Bitcoin is slowing down, and bulls appear to be retaking control. Stacks is one of the cryptocurrencies that tends to mirror Bitcoin’s price action, albeit more aggressively. When Bitcoin drops, Stacks drops even harder. In the Bitcoin price weakness that has lasted from 2025 to date, Stacks dropped from highs of over $3.5 to its current price of around $0.29.

However, now that Bitcoin is showing signs of bottoming out, the average investor could start in Stacks for a much bigger margin on their returns. For context, even if Bitcoin were to rally back to $100k, and Stacks hit $1, it would be a significant return on investment for the average investor getting in at current prices. This may explain the increased bullish sentiment around Stacks at the moment.

Yesterday, some of the $BTC whales who had been closing their long position are buying again.

Their buying is actively taking place in the futures market.

The fact that whales are buying again is a positive signal. pic.twitter.com/DyM7MrewZb

— CW (@CW8900) February 3, 2026

Past Cycle Price Action Could Trigger Stacks FOMO Buying

The best part is that there are multiple factors that point to a possible Bitcoin rebound, which could trigger Stacks FOMO. One of the most consequential ones is that MicroStrategy’s Bitcoin position has turned red. This is happening for the first time since 2023. At Bitcoin’s current prices, Microstrategy is at a Bitcoin loss of $900 million. While this is expected to cause market stress and a big price drop, the price is showing resilience and even points to a possible rebound.

That’s because the last time this happened, the market did not go into distribution mode. Instead, it consolidated and then turned bullish. That’s because most institutional holders, including Microstrategy, have a long-term view of the market. As such, if history is to repeat, Bitcoin could consolidate, then rebound to new highs. In such a case, Stack,s which aggressively tracks Bitcoin’s price direction, could rally back to its 2024 highs of $3.5, or even higher. 

Stacks $STX is showing us that when the bull returns, it’s going to the moon.

— CallMeHunch (@CallMeHunch) February 2, 2026

Stacks Core Fundamentals Getting Stronger

Besides tracking Bitcoin, Stacks’ core fundamentals are getting stronger. For context, Stacks is increasingly drawing in substantial institutional investments. In January 2026, 21 Shares, one of the market leaders in exchange-traded products for digital assets, launched ASTX ETP.

Through this product, both retail and institutional investors can buy and stake Stacks. This is a big deal as it could see companies with deep pockets start buying into Stacks for the passive income. The result of such a rise in demand could be a rally that sends the price back to all-time highs. 

Technical Analysis – Stacks In A Bullish Reversal

After bears were rejected at the $0.238 support on January 31, 2026, Stacks bulls have taken control. Currently, bulls are firmly in control after a solid bullish reversal on February 2.

If the current momentum continues, STX could rally to the $0.39 resistance in the short term. On the other hand, if bears regain control, the key level to watch would be the $0.238 support. A correction through this support could send Stacks to prices as low as $0.25 in the short term. Of these scenarios, a rally to $0.39 is more likely. Bitcoin’s price rebound could drive this.