
BlockDAG’s innovative approach to presales is making waves in the crypto market, and it seems like no one can ignore its momentum. Meanwhile, Ethereum (ETH) has been testing new highs, with a potential climb towards $2,600.
First and foremost, let’s dive into the ETH price analysis. As of recent times, ETH has overcome critical support levels, creating an opening for another breakthrough. The chart highlights how bulls stepped in at $2,480 to halt any decline and drive the trend forward once again. With increased trading volumes and the RSI staying above 50, it’s possible that ETH may be gearing up for another breakout.
If the cryptocurrency manages to close above $2,550, there is a possibility of it reaching $2,650 or even $2,700. As a result, traders are closely monitoring this zone. In contrast, Chainlink (LINK) appears to be under immense pressure around the $13.18 mark.
In the past, LINK has been observed to spike up to nearly $16 before falling back down to $11.20. However, there is a crucial support and resistance cluster nearby at $12.87 and $13.26. Roughly 20,000 addresses have accumulated approximately 53.9 million LINK at an average of $13.05.
Now, it’s essential to highlight the remarkable performance displayed by BlockDAG (BDAG). With over $338 million raised in its presale and having sold a staggering 23.8 billion coins across 29 batches, the project is certainly garnering attention.
Source: crypto-economy.com