All time high price was reached to $0.1613
Stratis (STRAX) is a blockchain platform launched in 2016, designed to provide enterprise solutions with a focus on C# and .NET development environments.
Historical Price and Volume Analysis:
2016-2017: STRAX experienced significant growth, particularly in 2017, with notable monthly increases such as 154.67% in March and 267.90% in April.
2018-2019: The cryptocurrency faced a prolonged bearish period, with multiple months recording negative returns, including a 49.73% decline in March 2018.
2020-2021: STRAX showed signs of recovery, with a significant surge in July 2021, achieving a 310.02% increase.
2022-2024: The market remained volatile, with notable fluctuations such as a 68.88% rise in June 2022, followed by a 28.99% drop in July 2022.
2025: As of January 9, 2025, STRAX is trading at approximately $0.0968, with a 24-hour trading volume of around $45.43 million.
Technical Indicators:
Support and Resistance Levels: Key support is identified at $0.0355, with resistance at $0.1074.
Bollinger Bands: The upper band is at $0.0896, and the lower band at $0.0565, indicating potential volatility within this range.
Recent Market Sentiment:
Analysts have noted bullish momentum, with potential targets at $0.08400 and $0.07800, contingent on market conditions.
Conclusion:
STRAX has exhibited significant volatility since its inception, with periods of substantial growth and decline. Recent technical analyses suggest potential bullish trends, but the cryptocurrency market's inherent volatility necessitates cautious and informed trading decisions.