InstaForex

July 6, 2021

Stratis (STRAX) Offers Potential Services In The Market!

 Stratis is a blockchain-as-a-service platform that offers several products and services for enterprises, including launching a personal side-chain, running full nodes, developing and deploying smart contracts, an initial coin offering (ICO) platform, and proof-of-concept applications. identity.


Stratis operates on its own blockchain powered by the original STRAX token and was launched in August 2016 by Chris Trew.


Startis is designed for financial services providers and other enterprises to test, develop and deploy blockchain -based applications in a way that avoids the overhead and security concerns of operating their own networks.


More interestingly, Stratis has announced business partnerships with companies such as software giant Microsoft, technology market intelligence firm International Data Corporation, and pharmaceutical blockchain development company MediConnect.


In addition, it has sponsored professional athletes as a way to raise awareness of the platform.


Next, examine the current movement chart of the STRAX/USDT price.



The price movement can be seen to have managed to produce an increase of over 1,000% in the market 2021 recorded the latest all -time high (ATH) reached the price level of $ 4.55 on 10 May.


From a technical point of view, the Strax price movement is seen to be giving a positive signal to create bullish momentum and is testing the SBR (support become resistance) zone around $ 1.75.


For further expectations, if the price movement continues to see such momentum, it is likely to break the SBR resistance level and will test the resistance level around $ 1.9 again before making even higher gains.


However, if the price movement shows a downward trend, the price movement will re -test the RBS zone (resistance become support) around $ 1.57 before continuing the decline to the lowest level ever recorded.


At the time of writing, STRAX/USDT is trading at around $ 1.7 up over 1.5% in the last 24 hours. Coins are currently ranked 138th in the crypto market.