The content and materials featured on this page are for educational purposes only. Uniswap and Cosmos investors are turning to DeeStream amid intense price fluctuations and split analyst predictions. As a result, more than 3,300 holders have invested in the platform in just a few weeks. Since March 6, 2024, when it was priced at $15.73, it has dropped by nearly 29% to trade at $11.17 on April 4.
However, it is interesting to note that it gained from April 3, when it hit a weekly low of $10.61, though it’s a far cry from its annual low of $3.88 in October 2023. Overall, market sentiment seems to be bullish due to an overall uptick, especially since, in February, Uniswap managed to break through the $6.7 resistance level it had tested and rebounded from through all of 2023. Analysts say the new resistance level is $17, with $12.6 becoming the support. If it manages to break through the new resistance, Uniswap may rise to $24, with some analysts predicting it could hit as high as $36.48.
However, if it plummets through the support, it could tank to as low as $4. Some are more optimistic, while others feel it can only go one way – down. According to CoinMarketCap, Cosmos is priced at $11.3, exhibiting a nearly 21% decline month-over-month. This is contingent, however, on the Cosmos team strengthening the network with developments and resolutions and beefing up the community’s social events.
If this is not achieved, though, Cosmos could hover around a maximum of $12.3. Other analysts are even more bearish. Some claim Cosmos will only decline, and some expect it to drop to as low as $5.46. Considering that DeeStream is in Stage 2 of presales and is priced at $0.055, Uniswap and Cosmos investors look forward to the potential results.
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