Price Analysis

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.

Barry Kirkland

Barry Kirkland has joined CryptoMoonPress as a full-time reporter for latest cryptocurrency news and updates. He has five years of experience in writing and trading in forex and cryptocuurency markets. he has written number of articles about blockchain and crypto world. Currently, he curates valuable informations on price analysis and trade alerts for cryptos.

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