#rust#blockchain#distributed_ledger_technology#move#smart_contracts
Sui is a next-generation blockchain platform designed for very fast, low-cost transactions and high scalability, making it ideal for apps like gaming, DeFi, and NFTs. It uses a unique object-based data model and the Move programming language, which helps create secure, flexible smart contracts and allows many transactions to happen at the same time. This means you get instant transaction finality and a smooth user experience. Sui’s native token, SUI, is used for fees, staking, and governance, helping keep the network secure and decentralized. Overall, Sui offers a powerful, efficient foundation for building and using web3 applications.
https://github.com/MystenLabs/sui
#XTZ/USDT analysis :
#XTZ is in an uptrend and has broken out above the 200 EMA and previous highs. Currently, the price is retesting the previous resistance zone, which has now turned into support. It is anticipated that the price will rebound from this level and resume bullish momentum to test the previous highs.
TF : 1D
Entry : $1.012
Target : $1.800
SL : $0.783
#XTZ/USDT analysis :
#XTZ has broken below the 200 EMA and has retested it. Currently, the price is encountering resistance from the resistance zone, and it is expected to decline from here. A drop is anticipated, potentially leading to a test of previous lows.
TF : 2H
Entry : $1.420
Target : $1.150
SL : $1.530
#XTZ/USDT analysis :
#XTZ has broken out and retested the previous swing high and the 200 EMA. The price is expected to bounce back from this level and test the higher levels.
TF : 4H
Entry : $0.694
Target : $0.744
SL : $0.661
#XTZ/USDT analysis :
#XTZ is again approaching the 200 EMA resistance after facing rejection from there and is expected to continue its bearish momentum once the zone is tested. The previous low will be the target level.
TF : 2H
Entry : $0.687
Target : $0.591
SL : $0.709