Stratis was developed as a financial services provider and other enterprises to test, develop and deploy blockchain -based applications.
Such aspects are evaluated to avoid overhead and security concerns in operating their own networks.
Most recently, Stratis has detailed Roadmap 3.0 on July 9 which is seen as a starting point for a significant spike in STRAX prices.
Stratis Roadmap 3.0 Releasehttps: //t.co/jds4OmytCV#blockchain #defi #nft #development $ STRAX pic.twitter.com/ErqXXG6NvH
- Stratisplatform (@stratisplatform) July 9, 2021
In addition, Stratis is also rumored to have worked on smart contracts and NFT support for Unity 3D in support of the project it wants to develop.
The STRAX price movement continued to record a surge to re-test the resistance zone around $ 1.90- $ 1.95 based on the STRAX/USDT chart.
From a technical point of view, the STRAX price has jumped more than 90% after reaching the $ 1.0 low support level on June 22nd.
If the STRAX price maintains its uptrend, the price is seen to test the next resistance level around $ 2.15.
If the STRAX price movement manages to break the $ 2.15 resistance level, indirectly it will give a shadow for the price to remain uptrend.
The next resistance level around $ 2.50 will be the focus level to test if the STRAX price continues to rise.
But on the other hand, if the price regains bearish momentum, the RBS (resistance become support) $ 1.75 level will be tested again.
The RBS $ 1.75 level will also assess whether the zone is able to support the price spike again or continue to decline.
The lower price decline is seen to retest the lower RBS level around $ 1.55 to dispel the uptrend.
As of 2.00 pm local time, the STRAX price continues to show a jump of over 17% to trade at the price level around $ 1.97.
