WANCHAIN TO THE NEXT LEVEL WAN/USDT On March 30 Wanchain announced that the State Grid Corporation of China had selected its blockchain technology for upgrading thei national data management system. This opens a plethora of opportunities for the future. Before this announcement, Wanchain was attracting attention for its recent addition of interoperability features. Wanchain’s decentralized bridges connecting several blockchain networks to support cross-chain transfers. Wanchain also released a new version of its cross-chain mechanism on Feb. 26, which allows sharing of wanBridge assets in a unified collateral pool, boosting cross-chain capacity. Wanchain founder and CEO Jack Lu tweeted on March 9 that he had successfully sent the first-ever Bitcoin to Ethereum transaction using the decentralized BTC to ETH direct bridge. That was followed by the announcement that the team would test XRP's cross-chain compatibility with Wanchain and Ethereum on March 29. To reduce the impact of high network fees, Wanchain announced that it will reduce the gas fees needed to move assets cross-chain to Ethereum by 33% in order to bring some relief to users. Wan surged from $1.09 on March 26 to an intraday high at $2.30 today, a 111% rally within five days. Traders seem to be booking profits after the rally today as seen from the long wick on the day’s candlestick. The first support on the downside is the previous resistance at $1.67. If the bulls can flip this level to support, it will suggest strength. The buyers will then try to push the price above $2.30. If they succeed, the next target to watch on the upside is $2.88. However, if the bears sink the price below $1.67, the WAN/USDT pair could extend its fall to $1.40. A bounce off this level could keep the pair range-bound for a few days before the start of the next trending move #wanchain #wan #wanchaincoin #altcoinseason #altcoiner #altcoinarmy #altcoindaily #altcoin #altcoingenius #altcoininvesting #altcointrading #altcoinnews #altcointrader https://www.instagram.com/p/CNEmZrCAp8W/?igshid=ztepj4j1sobi