March 8, 2025 STRAX Daily Analysis STRAX Daily Analysis
STRAX Daily Analysis
Outlook
STRAX current price is 0.04389 USDT and the current market cap is 491.972 USDT. This chart period started 210 days ago (11 August 2024) with a total of 108 days closing above the opening price and 101 days closing below the opening price. The lowest price was 0.0391 USDT on 04 September 2024, and the highest price was 0.099 USDT on 09 January 2025. The current price is 12.25% above the lowest price and 55.67% below the highest price.
Moving Average
Moving Averages (Closing Prices):5-Day Moving Average: 0.04520622-Day Moving Average: 0.052146363650-Day Moving Average: 0.0590182100-Day Moving Average: 0.0672811250-Day Moving Average: 0.05638436500-Day Moving Average: 0.37106498
Moving Average Analysis
The current price is %2.91 lower than the 5-Day moving average and has been below it for 2 days.The current price is %15.83 lower than the 22-Day moving average and has been below it for 6 days.The current price is %25.63 lower than the 50-Day moving average and has been below it for 20 days.The current price is %34.77 lower than the 100-Day moving average and has been below it for 36 days.The current price is %22.16 lower than the 250-Day moving average and has been below it for 13 days.The current price is %88.17 lower than the 500-Day moving average and has been below it for 346 days.
Trends
The longest uptrend in the 210 day period is 7 days. It started at 0.05578 USDT on 20 November 2024 and ended by increasing by 33.54% to 0.07449 USDT on 27 November 2024.The longest downtrend is 8 days. It started at 0.0693 USDT on 30 January 2025 and ended by decreasing -18.35% to 0.05658 USDT on 07 February 2025.
Support & Resistance
This review was made for the last 7 daysLast 7 days support levels: Support: 0.04651 USDT on 03-03-2025 Support: 0.04248 USDT on 04-03-2025 Support: 0.04273 USDT on 07-03-2025Last 7 days resistance levels: Resistance: 0.04683 USDT on 06-03-2025 Resistance: 0.04825 USDT on 07-03-2025The lowest support level is 0.04248 USDT on 04-03-2025, and the highest resistance level is 0.04825 USDT on 07-03-2025. The percentage difference between these levels is approximately 13.6%.
Volume
The previous trading day’s volume (07-03-2025) 17,628,084.00 USDT. Highest volume in the last 210 days is 942,294,198.00 USDT on 20-12-2024. Lowest volume in the last 210 days is 757,333.00 USDT on 08-03-2025. Difference between highest and lowest volume is 124322.70%.
Volume Moving Averages
( Excluding Today)
5-day Moving Average Volume: 13,697,528.00 USDT22-day Moving Average Volume: 22,160,889.32 USDT50-day Moving Average Volume: 28,691,957.06 USDT100-day Moving Average Volume: 68,847,756.95 USDT250-day Moving Average Volume: 47,772,464.18 USDT
Volume Moving Averages Comparison
Volume of the previous trading day: 17,628,084.00 USDT
Previous day’s volume is 28.70% higher than the 5-day moving average.Previous day’s volume is 20.45% lower than the 22-day moving average.Previous day’s volume is 38.56% lower than the 50-day moving average.Previous day’s volume is 74.40% lower than the 100-day moving average.Previous day’s volume is 63.10% lower than the 250-day moving average.
Percentage Differences Between Moving Averages:
5-day moving average is -38.19% lower than the 22-day moving average.22-day moving average is -22.76% lower than the 50-day moving average.50-day moving average is -58.33% lower than the 100-day moving average.100-day moving average is 44.12% higher than the 250-day moving average.
Volume Trend
The longest consecutive volume increase started on 17-10-2024 with a volume of 8,965,364.00 USDT and ended on 22-10-2024 with a volume of 26,065,397.00 USDT, lasting for 5 days and representing a 190.73% increase.The longest consecutive volume decrease started on 26-08-2024 with a volume of 42,773,085.00 USDT and ended on 31-08-2024 with a volume of 10,669,100.00 USDT, lasting for 5 days and representing a 75.06% decrease.
Price Volume Coorelation
During the longest volume increasing period price increase from 0.04947 USDT to 0.05054 USDT, which represents a 2.16% change.During the longest volume decreasing period price decrease from 0.05 USDT to 0.044 USDT, which represents a -12.00% change.
Strategy
Under sales pressure, we should observe where the decline will end and then reassess. Currently, we do not recommend opening a ‘long’ position.
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.
