{"id":448237,"date":"2023-10-16T18:07:21","date_gmt":"2023-10-16T18:07:21","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=448237"},"modified":"2023-10-16T18:07:21","modified_gmt":"2023-10-16T18:07:21","slug":"stratis-surges-by-20-but-can-it-compare-to-the-promise-of-meme-kombat","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/stratis-surges-by-20-but-can-it-compare-to-the-promise-of-meme-kombat","title":{"rendered":"Stratis Surges by 20%! But Can It Compare to the Promise of Meme Kombat?"},"content":{"rendered":"

Stratis (STRAX) has consistently been riding a wave of bullish momentum, surging by over 20%. A move that has attracted a growing number of buyers and propelled the price beyond the critical $0.88 resistance level.<\/p>\n

As of 6:17 a.m. EST, STRAX has recorded an astounding 65% surge in the past 24 hours, reaching a trading price of $1.17<\/u><\/a>. Furthermore, the daily trading volume for STRAX has skyrocketed by 6200%, reaching a substantial $644 million.<\/p>\n

Stratis (STRAX) May Continue Bullish Momentum<\/h2>\n

Stratis has exhibited resilience, rebounding from a seller-triggered pullback and recovering from the $0.56 support level.<\/p>\n

\"Stratis
STRAXUSDT Price Chart by Tradingview.com<\/figcaption><\/figure>\n

Stratis (Strax) has steadily maintained its bullish momentum, particularly from $0.40 support. This support level has proven to be a robust buyer base, as shown by a substantial increase that aligns with the 200-day simple moving average.<\/p>\n

Nonetheless, buyers faced a hurdle when the price reached $0.88, causing a temporary pullback to the $0.57 support zone. Subsequently, this support level catalyzed for the bulls to make a determined push, resulting in the price surging beyond $0.88.<\/p>\n

However, their efforts were again met with resistance at $1.216. This shows the possibility of a reversal towards a bearish trend, potentially retracing to the $0.90 support level.<\/p>\n

Will Stratis (Strax)’s Bullish Outlook Persist?<\/h2>\n

Strax bullish sentiment could persist, enabling the bulls to surpass the $1.216 barrier, potentially driving higher prices.<\/p>\n

The 50-day and 200-day moving average indicators are below $0.49 and $0.51, further strengthening this optimistic sentiment.<\/p>\n

The relative strength index (RSI) is on an upward trajectory at 82, showing a rebound from the 65 level, which implies sustained buying pressure above the overbought region at 70.<\/p>\n

In this scenario, Stratis’ price maintains bullish, supported by moving averages and RSI.<\/p>\n

The bulls may overcome the temporary resistance level at $1.216 and reach new highs in the weeks ahead. However, Meme Kombat’s unique presale approach has attracted significant attention.<\/p>\n

With its S2E and P2E features, investors consider MK a practical alternative to STRAX.<\/p>\n

Buy Meme Kombat (MK) Fast. Presale Nears $1 Million Goal<\/h2>\n

Meme Kombat<\/u><\/a> is on the brink of substantial expansion following its presale. This presale has already seen half of its tokens sold, beginning just a few weeks ago. The presale has been an enormous success, with many investors expressing interest and enthusiasm for the project. Meme Kombat is now looking towards the future, with plans to develop the platform further and expand its reach.<\/p>\n

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Just sliding past 500k📈 We on our way 😈#MemeKombat<\/a> pic.twitter.com\/7b6H7ou3D4<\/a><\/p>\n

— Meme Kombat (@Meme_Kombat) October 14, 2023<\/a><\/p><\/blockquote>\n