STRAT Reflects a Bullish Outlook; Resistance Likely at $0.58

Stratis (STRAT) is a blockchain service provider that supports C# and .NET development. It allows enterprises to create their own private blockchains and integrate it later to the main Stratis blockchain. It currently ranks 125th in the market with a market cap of 56,205,552 USD. It has a current ROI of whopping 3,976.08%.

STRAT Price Analysis

Yesterday, Stratis price was trading around $0.5621 in the first hour, and over the next 3 hours, it got to the highest point of the day at $0.577. However, it soon started tilting downwards. By 08:00 UTC, STRAT price marked a hefty fall and retested a $0.56 price level.

Later, the next swing was another short-term recovery that took the price to $0.575. However, by 19:00 UTC, the STRAT price fell to $0.55, the lowest point of the day. At the press time, the currency started trading with moderate momentum and spotted at $0.5635.

The MACD of Stratis token shows a bullish crossover. It may test the next resistance around $0.6 soon. However, the chances of price fluctuations can’t be averted entirely.

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