Binance Coin (BNB) holders copy Ethereum (ETH) whale in DeeStream (DST) buy-in as 30X looks possible

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In cryptocurrency, investors are closely monitoring the trajectories of major tokens. Binance Coin (BNB) has recently faced bearish trends, prompting concerns as selling momentum surged, potentially indicating a further decline. On the flip side, Ethereum (ETH) is showing positive momentum with a notable increase in its weekly price, sparking optimism among analysts who anticipate a potential surge past the $3,100 mark. 

Amidst these, a new player enters the scene – DeeStream (DST), a decentralized streaming platform built on the blockchain, drawing attention from Binance Coin (BNB) holders and mirroring the strategic move of Ethereum (ETH) whale. As the crypto market continues its ebbs and flows, the spotlight turns to the potential for significant returns, with whispers of a 30X opportunity for those diving into the DeeStream (DST) presale at its early stage.

Bearish Trends Emerge for Binance Coin (BNB)

In a recent analysis, Binance Coin (BNB) has faced a surge in selling momentum, leading to a drop in its value to $378.4. This downward trend suggests the possibility of further decline if the bears continue to exert pressure. Additionally, indicators such as the MA and the RSI signal bearish trends, with the MA reaching $357.4 and the RSI indicating a value of 76.80, still beyond the overbought threshold. 

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The increasing volatility further compounds these bearish indications, with the upper and lower bands of the Bollinger bands indicator shifting to $382.9 and $284.4, respectively. Short-term analysis of Binance Coin (BNB) reinforces the bearish sentiment, with selling activity intensifying over the past few hours. Binance Coin (BNB) value has dipped to $378.4, reflecting the ongoing bearish swing.

Ethereum (ETH) Sees Positive Momentum

Ethereum (ETH) has experienced a notable increase in its weekly price, ranging between $2,790 and $2,944, marking a rise of 5.47%. Recent market trends indicate a positive outlook for Ethereum (ETH), with daily ascending lows and highs. Currently, Ethereum (ETH) is trading around $2,985, oscillating near the $3,000 mark. 

Despite encountering resistance at the lower end of $2,900, analysts remain optimistic about the potential for Ethereum (ETH) to surpass the $3,100 mark in the near future. As Ethereum (ETH) hovers around the $3,000 threshold, investors and analysts are closely monitoring whether the bulls can overcome the bears and propel Ethereum (ETH) to the next level.

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Revolutionizing Online Streaming with DeeStream (DST)

In the midst of numerous challenges faced by traditional centralized streaming platforms, DeeStream (DST) emerges as a game-changer with its decentralized model built on the blockchain. One of the key issues plaguing centralized platforms is the arbitrary banning of streamers for expressing their opinions, often due to pressure from users. However, DeeStream (DST) promises freedom of expression for users within legal boundaries. 

As the global live-streaming market continues to expand, with estimates projecting its value to surpass $247 billion by 2027, DeeStream (DST) stands at the forefront of innovation and opportunity. With its presale currently in Stage One, offering tokens at an attractive price of $0.04, DeeStream (DST) presents an enticing investment prospect.

Conclusion

As the crypto market navigates through various trends and sentiments, investors must stay vigilant and adaptive. While Binance Coin (BNB) faces challenges with bearish trends, Ethereum (ETH) showcases resilience with positive momentum, hinting at potential growth opportunities. 

Additionally, the emergence of DeeStream (DST) adds a new dimension to investment, offering a decentralized solution to the issues plaguing traditional streaming platforms. With its presale underway and promising prospects ahead, DeeStream (DST) presents an intriguing investment avenue for those seeking to capitalize on the evolving crypto market.

Find out more about the DeeStream (DST) presale by visiting the website here

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