Coin of the day is Stratis. Stratis is a Blockchain-as-a-Service (BaaS) platform that facilitates the development of blockchain-based applications. Using the Stratis lite clients, side chains, and robust APIs, allows companies to benefit from the blockchain technologies without a need to support the whole private blockchain network. Beyond building the platform, the team offers consulting services, helping businesses to open blockchain technology advantages. Stratis is built on a Bitcoin Full node platform using C#, Microsoft .NET, and the NBitcoin library. As the Stratis team puts it, Smart Contracts in C# “broadens the world of smart contracts” and is the “most inclusive platform for developers and businesses.” To sum up, Stratis offers: - Privacy transactions - Sidechains (private blockchains for the clients) - ICO platform based on .NET platform and C# language
Latest news: 16 May - Stratis Smart Contracts in C# Alpha Release 17 May - The Ministry of Industry and Information Technology of China published the first rating of the 28 most influential cryptocurrencies. Stratis comes on 10th place.
Technicals After testing 100-days EMA STRATBTC retraced to the 0.00007 level. Today the pair gained a solid buying support in the 0.000068 - 0.00007 zone and broke above the Bearish Trend Line of the retracement from the last peak. If today's buyers manage to push the coin through 0.00075 level, it would be a get-ready signal for the upcoming upward rally. Next, a breakthrough above 100-days EMA and 0.0008 level could be a confirmation signal and start an uptrend cycle. 0.00068 - 0.0007 zone should stay supportive for the take-off scenario; otherwise the coin could go into a prolonged lateral pattern.
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