Stratis is a blockchain-based platform that offers services for businesses and individuals to develop, test, and deploy their own applications on the blockchain. The project’s goal is to provide a development platform for blockchain technology that enables developers to build powerful decentralized applications in C#. With this year’s market growth, Stratis has significant upside potential as it continues to grow its community.
Stratis is a cryptocurrency that has had a volatile history. The price of STRAX peaked at $14,000 in January 2018 and has since fallen to around $4,500.
- The range of bullish STRAX price predictions is $1.91 to $4.25.
- The price of STRAX may potentially rise to $4.59.
- For 2021, the STRAX negative market price forecast is $0.37.
We utilize data, price trends, ADX, and other information about STRAX to evaluate the cryptocurrency’s future movement in STRAX price forecast 2021.
Stratis is a blockchain service platform that offers a range of goods and services to businesses, including the introduction of private sidechains, complete nodes, smart contract creation and implementation, an initial coin issuance platform, and identity verification applications. STRAX is the native coin.
Stratis’s Current Market Situation (STRAX)
At the time of writing, the price of STRAX was $2.28, with a 24-hour trading volume of $24,939,436 according to Coingecko. STRAX, on the other hand, has risen by 1.2 percent in the past 24 hours.
Furthermore, there are 100,074,480 STRAX coins in circulation. STRAX is currently traded on Binance, Upbit, Gate.io, Bithumb, and Uniswap, among other cryptocurrency exchanges (V3).
Price Prediction for Stratis (STRAX) in 2021
Stratis (STRAX) is currently ranked 227th on CoinGecko. The price of STRAX in 2021 is forecasted using a daily time period, as shown below.
Ascending Wedge Pattern on STRAX/USDT (Source: Tradingview)
The ascending wedge pattern is a bearish pattern that starts broad at the bottom and narrows as prices rise and the trading range shrinks. This pattern may be one of the most difficult to identify and trade correctly.
STRAX is now trading at $2.28. Following that, STRAX may continue to decline or increase, depending on the breakout direction. If the trend breaks out at $1.19, STRAX may quickly hit the resistance level at $4.25 with this pattern. STRAX’s price may fall below $0.86 if the trend reverses.
Support and Resistance Levels in Stratis (STRAX)
The chart below depicts STRAX’s support and resistance levels.
Support and Resistance Levels for STRAX/USDT (Source: TradingView)
According to the aforementioned chart, the resistance and support levels for STRAX are as follows.
- $1.91 is the first level of resistance.
- $2.85 – Level 2 Resistance
- $4.59 for Level 3 Resistance
- $1.07 is the first level of support.
- Level 2 Support – $0.69
- Level 3 Support – $0.37
STRAX’s negative performance during the preceding month is shown in the chart. This trend, however, will eventually hit the $4.59 resistance level. If the trend were to reverse, STRAX might fall below $0.37, indicating a bearish indication.
Average Directional Index Stratis (STRAX) (ADX)
Now let’s have a look at the STRAX Average Directional Index (ADX). The ADX, in particular, aids traders in assessing the strength of a trend as opposed to its direction. It may also be used to see whether the market is shifting or if a new trend is about to start. However, it is connected to the Directional Movement Index (DMI).
The oscillator also has a range of 0 to 100. Furthermore, a high number indicates a strong trend, while a low value indicates a weak trend. It’s also often used in conjunction with directional indicators.
ADX STRAX/USDT (Source:TradingView)
The preceding chart shows the STRAX ADX, which has a range of 58.8, indicating a very strong trend.
STRAX is a cryptocurrency that is ideal for long-term investment. Furthermore, until the breakout direction is verified, STRAX price forecast will remain bearish or bullish. It does, however, have a decent chance of hitting $5 this year. This, however, will only happen if a number of prior psychological obstacles are overcome.
Furthermore, with the improvements and updates to the STRAX ecosystem, STRAX’s performance is expected to increase to $4.25 in the near future. However, if investors think STRAX is a solid investment in 2021, it might reach $4.59.
Disclaimer: The views stated in this graph are entirely those of the author. It should not be construed as investment advice. Before investing, TheNewsCrypto staff advises everyone to conduct their own research.
The stratis coin price prediction is a question that many people ask. Stratis will be worth $1 in 2021.
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