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The constant convergence between blockchain technology and the streaming industry in the ever-evolving digital space has brought about a genius in advertising, DeeStream (DST). As Ethereum (ETH) breaks higher than the resistance at $3,500 and Binance Coin (BNB) holds users and volume dominance, DeeStream (DST) emerges as a force for change in the streaming industry. DeeStream (DST) provides a blockchain that offers lower fees, instant transactions and opportunities to earn, all of which make it a pretty tantalizing investment opportunity.
DeeStream (DST) is currently in the presale phase of its offering and one needs to get in on the ground floor to be part of a decentralized community-driven platform that is rewriting the future of content consumption.
Ethereum (ETH) rallied above the critical level of $3,500 with long-term barriers. However, amidst this incredible uptrend, analysts are warning of the possibility of correction as Ethereum (ETH) tries to keep up its performance amid the volatile market. Right now, the altcoin is trading at around $3,373, in tight ranges and stability above key support levels.
Supporting levels at or above the 100-hour Simple Moving Average confirm that the surge is supported at levels above the rising trend line. On the upside, resistance hurdles near $3,420 might put Ethereum (ETH) at risk of heading towards $3,500 and even $3,620. On the other hand, a no-go past that might bring with it some correctable movements at support levels of $3,310, $3,260 and $3,250.
Traders shall keep an eye over important $3,260 support and $3,420 resistance, as the bullish momentum, though intact, is showing possibilities of slowing down on hourly MACD and RSI below the midpoint.
Binance Coin (BNB) is continuously asserting itself in the world of cryptocurrencies, with the highest number of users on the Binance Smart Chain network and rapidly growing volumes. Binance Coin (BNB) leads in the first 15 largest cryptocurrencies, with more than 425 million unique users, followed by the closest competitor, Polygon (MATIC).
On the Binance Coin (BNB) chain, however, volumes were very high, over $1 billion daily and even reached almost $1.4 billion on February 28. However, such volumes easily go hand in hand with the outstanding price surge that saw a Total Value Locked (TVL) total of almost $5 billion.
Trading at $415, Binance Coin (BNB) reflects a gain of over 5% and sustains its overbought status, indicating a strong bull trend.
DeeStream (DST) presents a groundbreaking streaming ecosystem that utilizes blockchain technology to redefine the user experience. With features like lower transaction fees, instant transactions and earning opportunities through tasks, DeeStream (DST) distinguishes itself in the realm of blockchain-based streaming services. Currently available in its presale at $0.04, DeeStream (DST) offers a distinctive investment prospect, enabling investors to engage with a decentralized and interactive community content platform.
For investors interested in exploring the innovative landscape of blockchain-based streaming services, DeeStream (DST) provides an avenue to participate in its ongoing presale. This involvement offers the chance to contribute to community-driven decision-making and tap into potential earnings within the platform.
Find out more about the DeeStream (DST) presale by visiting the website here
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
