STRAT saw a recent spike on the release of the beta Stratis Identity app. Not only did the initial bump bring us back to a more normal average, but we're seeing a clear bullish flag forming in what I assume to be anticipation of their announced update within the next 48 hours (now closer to 20-30)
The Breeze Wallet was an object of interest earlier in STRAT's timeline which was delayed for nearly 3 weeks, causing a lack of interest, decreased volume, and a bit of unsettled thoughts for current bag holders. The initial anticipation of the breeze release caused a sizable climb in price to the low 170k's until it dumped on the announcement that it would be delayed. For that reason I anticipate that an initial target of ~170k would be a reasonable judgement, with a first resistance being 200k (more as a psychological barrier than one based on existing ask walls)
We have the volume now (top 5 in bittrex)
We have the hype (announcing an announcement... i know, class)
We have the concept (read up on stratis, should be a good long term hold for most, if you're patient)
All speculation but here it goes.
Target 1: 170k
Target 2: 200k
Target 3: 258k
The Breeze Wallet was an object of interest earlier in STRAT's timeline which was delayed for nearly 3 weeks, causing a lack of interest, decreased volume, and a bit of unsettled thoughts for current bag holders. The initial anticipation of the breeze release caused a sizable climb in price to the low 170k's until it dumped on the announcement that it would be delayed. For that reason I anticipate that an initial target of ~170k would be a reasonable judgement, with a first resistance being 200k (more as a psychological barrier than one based on existing ask walls)
We have the volume now (top 5 in bittrex)
We have the hype (announcing an announcement... i know, class)
We have the concept (read up on stratis, should be a good long term hold for most, if you're patient)
All speculation but here it goes.
Target 1: 170k
Target 2: 200k
Target 3: 258k