Altcoin Thursday: Streamr (DATA)
19 August 2021 | ZebPay Trade-Desk
Streamr is an open-source decentralized crowdfunding platform for real-time data processing. Streamr Network is the heart of this platform, allowing devices and users to share their data. The network’s native token is DATA. DATA is a cryptocurrency that supports the Streamr ecosystem in various ways and is an ERC20 token on the Ethereum blockchain.
Data has witnessed a massive rally from the previous bottom of $0.0742 up to $0.1829 surging almost by 146% within a month. The asset is facing stiff resistance around $0.1825 levels as the longer upper shadows indicate selling or profit booking. If the prices breach the resistance with good volumes then we can expect another rally up to $0.23 and if it fails to do that the asset can drop or correct up to the support level of $0.135.
| Support 2 | Support 1 | Asset | Resistance 1 | Resistance 2 |
| $0.085 | $0.135 | DATA | $0.230 | $0.290 |
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