Stratis found the support at 161% Fibonacci retracement applied to the corrective wave up after the uptrend trendline breakout
This support has been rejected two times and this week Stratis broke above the downtrend trendline, what’s more, STRAT/USD breaking above the 200 Moving Average which could accelerate growth in the short term
Overal a wave up is expected towards either $7 or $10 from the current price, which is at $4.5. Reaching the first target would bring Stratis growth of 55%, and reaching the second 130% accordingly.
At this point, Stratis has very strong growth potential in the short run.