Even though XMR has shown short-term weakness against some coins in the privacy vertical they still have a way to go before they can challenge XMR's long-established upward channel against them.
I expect oscillation along the channel and would be surprised if they venture into the blue bands. Provided no fundamental change takes place any venture into the blue...
We could see more retracement down to 50-70k if Stratis's fractal structure behaves similarly what BTC did in 2014. BTC's lowest retracements levels should be reached somewhere in the blue box in October and November.
Stratis and it's team was praised during the run-up but now people come out of the woodwork being frustrated and criticizing this and that...
