StreamCoin (STRM) Price Prediction – Will STRM Price Hit $0.5 Soon?

This StreamCoin (STRM) price prediction 2022 article is based on technical analysis. Below, you will see the key confluences why we arrived at our StreamCoin (STRM) price analysis and prediction.

The cryptocurrency market is growing steadily and gaining momentum with the total market capitalization of all cryptocurrencies tending towards $1.42 trillion according to CoinMarketCap.

In this StreamCoin (STRM) price analysis and price prediction, we take a look at the performance of STRM and if it will reach $0.5 by the end of 2022. But before that, let us look at what is StreamCoin (STRM)?

What is StreamCoin (STRM)?

StreamCoin native token STRM is a governance token created on the Binance Smart Chain. It uses the Proof of Stake Authority (PoSA) consensus algorithm, mechanism a hybrid of Delegated Proof of Stake (DPoS) and Proof of Authority (PoA). StreamCoin runs on its Mainnet while maintaining cross-chain compatibility with multiple blockchains.

StreamCoin is built to power the ecosystem of live streaming platforms by providing new and unique features. The Stream NFT Marketplace is an essential part of the StreamCoin ecosystem, as the STRM token will be used to purchase the NFTs. In addition, it allows users to mint video NFTs while providing the payment layer to facilitate the transactions.

Current Market Status for StreamCoin (STRM)

At the time of writing, the price of STRM is $0.1233 with a 24-hour trading volume of $20,742,431 and an increased in price by 3.34% in the past 24 hours.

The present circulating supply of StreamCoin (STRM) is 4,041,407,379 STRM. Some of the major crypoto exchanges for trading STRM are Gate.io, ByBit, Huobi Global, Mexc, LBank, and others.

Now that we have seen the present status of StreamCoin (STRM) in the market, let’s look at the price analysis of STRM.

StreamCoin (STRM) Price Analysis 2022

StreamCoin (STRM) is in the 2858th position in the market capitalization of cryptocurrencies according to CoinMarketCap. It has increased by 3.34% in the past 24 hours.

But will the recent changes and development in the blockchain help the digital currency price to reach higher? Let’s proceed to the charts in this StreamCoin (STRM) price prediction article.

Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for STRM/USDT, we can deduce that the price of StreamCoin might get bullish in some days since the price is in the first half of the channel from the bottom. However, in the long-term, the price might get bullish since top cryptocurrencies like Bitcoin and Ethereum are already getting bearish from the recent bullish run.

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of the 1Day chart is 45.34.  This shows that STRM is showing a neutral trend since its RSI lies between 30 and 50. This value can trigger a bullish or bearish run if investors reposition themselves either towards the buyers or sellers.

From the chart above, the 30-MA is below the 15-MA which means that short-term investors would gain. However, since the gap between the two moving averages is wide and both moving averages are above the recently formed candlestick, the price of the coin might increase soon.

StreamCoin (STRM) Price Prediction

The chart below shows that StreamCoin (STRM) has performed great over the past few days. If this trend continues, STRM might run along with the bulls, overtaking its $0.139 resistance1 level and climb higher to $0.316 at the resistance4 level, the bullish signal for 2022.

Conversely, if the investors turn against the crypto, the bears might take over and dethrone StreamCoin (STRM) from its uptrend position. In simpler terms, the price of STRM might dip to $0.011, a bearish signal.

Meanwhile, our long-term StreamCoin (STRM) price prediction 2022 is bullish. It has a high possibility of surpassing its current all-time-high (ATH) at about $0.2983 according to CoinMarketCap this year. However, that will only happen if it breaks many previous psychological resistances.

StreamCoin (STRM) Price Prediction 2022

If this bullish trend continues, StreamCoin (STRM) will reach $0.316 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $0.175. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $0.5 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

StreamCoin (STRM) Price Prediction 2023

If STRM holds the support level around 30-MA which is the long-term moving average, buyers will then have ample time and stability to forge the next attack mission on the vital level at $1, making it not plummet but play consistently.

StreamCoin (STRM) Price Prediction 2024

As per the latest upgrades, developments, STRM price prediction, and new project forecasts of the platform, StreamCoin investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of STRM in the crypto market, and it will be the best investment as the price can spike and reach around $5.

StreamCoin (STRM) Price Prediction 2025

In the next four years, StreamCoin (STRM) prices could race up to $8. However, reaching this level could not be so difficult for StreamCoin as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that STRM has a high possibility of reaching a new ATH soon in the next four years as per the prediction.

StreamCoin (STRM) Price Prediction 2026

As per the latest upgrades, developments, StreamCoin (STRM) price prediction, and new project forecasts of the platform, investors in STRM should expect more partnerships and upgrades in 2026. Moreover, this might boost the price of STRM in the crypto market, and it will be the best investment as the price can spike and reach around $15.

Conclusion

StreamCoin (STRM) has a bright future ahead of it from 2022 to 2026. With ongoing developments happening within the Horizen network, as well as in the overall crypto market, we may see STRM reach it soon.

Meanwhile, our long-term StreamCoin (STRM) price prediction 2022 is bullish. In addition, it has a high possibility of surpassing over $0.316 and may reach above $1 this year. However, that will only happen if it breaks past many psychological resistances.

As said above, StreamCoin (STRM) may even reach $1 if investors have decided that STRM is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

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Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.