Stratis (STRAT) is Trending Down Towards Low Support. Will We See it Bounce?

The past two years have brought me into contact with a lot of different altcoins, and one of those that has a lot of promise is Stratis (STRAT). This project is designed to bring BaaS, Blockchain as a Service, to businesses. The goal is to provide a platform for enterprises to build their business model on the chain and enabling services through it.


The past several weeks have seen STRAT on a steady decline from the STRAT/BTC price that peaked for the 3 month in December 2019 at .00005955. Current price sits at .00003769,  which is still above the yearly low of .0000285.


In the 1W view, STRAT is getting closer to the lower range Bollinger Band, and could see it enter an oversold position around. 000034 and rebound back up. However. If it continues to fall we may see it drop as low as the .000029 range.


Has anyone else picked up any STRAT along the way, and what are your thoughts on the next few months for this project?




Image sourced from ​BINANCE​​​

COMMENT

31

preview not available St3v3 T88888
08 Jan

I dont have any STRAT but will do some research on it when i get the chance

26

preview not available Lucas S
08 Jan

It's got a good foundation and the team is still working on business application. Lots of potential

16

SatoshiConomy .
09 Jan

i have not, but because of your info here i will look more closely.  Thx Lucas

26

preview not available Lucas S
09 Jan

Stratis ATH was over $19 at the 2017 peak, and has dropped dramatically like many other alts. Its has potential to gain again as long as the project is kept improving and building.

16

SatoshiConomy .
09 Jan

if it's been around since then and survived, it has some credibility.

But wow there is some HUGE volatility in its daily $ volumes from $25M (12/4/19) to $.5 million today

COMMUNITY DETAILS

Stratis STRAT

2875

Subscriber

1

Online

STRATIS is focused on providing Blockchain as a Service (BaaS) to businesses. "The philosophy at Stratis is to focus on how blockchain can streamline business processes. At the same time, we realize the importance of reducing the complexity of blockchain adoption and implementation." - https://stratisplatform.com/

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