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After a blasting stage 1 presale,<a href="https://deestream.com/" target="_blank" rel="noopener noreferrer nofollow"> DeeStream</a> is expecting major gains this Q2 in its stage 2 presale. On its way to becoming the biggest streaming platform, DeeStream is attracting many investors, including those of Polkadot and Litecoin.
In this article, we will discuss how<a href="https://deestream.com/" target="_blank" rel="noopener noreferrer nofollow"> DeeStream</a> is revolutionizing the streaming industry and the recent price behavior of Polkadot and Litecoin.
<h2 class="wp-block-heading" id="strong-polkadot-looks-weak-near-its-support-strong">Polkadot looks weak near its support</h2>
With the whole crypto market in correction mode, Polkadot is also showing bearish momentum in the short term. Currently, it is down nearly 29% from its peak during the last crypto rally we witnessed. The $8.4 level is acting as immediate support for the coin, while below it, major support can be seen at the $6.5 level.
<figure class="wp-block-image"><img loading="lazy" decoding="async" width="979" height="456" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-455.png" alt="" class="wp-image-471476" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-455.png 979w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-455-300x140.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-455-1024x477.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-455-766x357.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-455-1536x715.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-455-2048x954.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-455-322x150.png 322w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-455-100x47.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-455-751x350.png 751w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-455-788x367.png 788w" sizes="(max-width: 979px) 100vw, 979px">
</figure>
The RSI is currently standing at 39.2 level which is close to its oversold area of 30, meaning we can soon see good support from the buyers coming and the reversal could also occur. Both the major support and 200MA will act as strong support for Polkadot on the downside.
However, the coin’s different use cases have made investors more optimistic about the market. Some crypto experts have predicted that Polkadot’s price might reach up to $10 in 2024. They attribute this potential rise to Polkadot’s innovative project, expanding ecosystem, and supportive community.
<h2 class="wp-block-heading" id="strong-litecoin-hasn-t-broken-its-20ma-yet-strong">Litecoin hasn’t broken its 20MA yet</h2>
Litecoin hasn’t been affected much by the recent market downturn. The fact that it hasn’t fallen below its 20-day moving average indicates its price strength. It’s only dropped about 9% from its recent peak. However, unlike other cryptocurrencies, Litecoin hasn’t shown a significant surge in price during the recent rally. Since the beginning of the rally, it has only increased by around 60%.
For many years, Litecoin has held the position of the third-largest cryptocurrency by market value. It’s been around for over nine years and has remained successful for most of that time. Even now, it continues to be one of the top 30 cryptocurrencies in terms of market capitalization.
Litecoin prices usually go up or down along with Bitcoin because they have a strong connection in their price movements over time. If Bitcoin keeps going up in value during 2024, as it has been, then it’s probable that Litecoin will also increase in value following the same trend.
<h2 class="wp-block-heading" id="strong-deestream-is-a-candidate-for-the-leader-in-the-streaming-industry-strong">DeeStream is a candidate for the leader in the streaming industry</h2>
DeeStream is in stage 2 of presales, offering tokens at a tempting price of $0.055. With over 17,000 users and more than 3,200 investors, DeeStream is witnessing growing enthusiasm from the community. Moreover, it offers features like decentralized decision-making, reward schemes, and clear transactions, making it an appealing investment opportunity.
DeeStream is a platform that combines elements from popular sites like YouTube and Twitch. It aims to lead in the market by focusing on key values: Transparency, Quick Payments, Community Control, and Low Fees. DeeStream generates income through ads, platform charges, and subscriptions. It ensures fair profit-sharing among initial token holders, encouraging a strong community bond.
Find out more about the DeeStream presale by visiting the website<a href="https://deestream.com/" target="_blank" rel="noopener noreferrer nofollow"> here</a>
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The post <a href="https://captainaltcoin.com/polkadot-litecoin-markets-rally-to-deestream-presale-eyeing-major-gains-in-the-streaming-sector-this-q2/" rel="noopener noreferrer nofollow">Polkadot &amp; Litecoin Markets Rally to DeeStream Presale Eyeing Major Gains in the Streaming Sector This Q2</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.

Polkadot & Litecoin Markets Rally to DeeStream Presale Eyeing Major Gains in the Streaming Sector This Q2

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