Streamr broke wedge, now perhaps falling to strong suport.
DATA/USDT broke its months falling wedge and is now falling to its strong support at around 0.022.
Depending on the global crypto market (mostly BTC and ETH) it may reach this support. However, the RSI states DATA is heavily oversold at the moment. So, we might see a potential rise to reach the wedge again if other large caps stay stable. After DATA has stabilized, the next challenge is the 0.07 strong support.
More on the practical use cases of this coin can be found on the streamr.network website.
I believe that Streamr is still a gem waiting to be discovered by most people. The technology is sufficient in complexity and serves numerous use cases. With the new head of marketing Streamr may become one of the larger top-100 crypto's in the next bull-run.
As biased as I am, because I love new innovative tech, this is my idea of the direction of the DATA coin.
Depending on the global crypto market (mostly BTC and ETH) it may reach this support. However, the RSI states DATA is heavily oversold at the moment. So, we might see a potential rise to reach the wedge again if other large caps stay stable. After DATA has stabilized, the next challenge is the 0.07 strong support.
More on the practical use cases of this coin can be found on the streamr.network website.
I believe that Streamr is still a gem waiting to be discovered by most people. The technology is sufficient in complexity and serves numerous use cases. With the new head of marketing Streamr may become one of the larger top-100 crypto's in the next bull-run.
As biased as I am, because I love new innovative tech, this is my idea of the direction of the DATA coin.
Comment:
DATA has stabilized and is now trading horizontally below wedge. Might be able to get back to 0.03
Comment:
It hit all-time strong support.