While BCH and SHIB Struggle, BlockDAG Explodes with 500K+ Miners and Inter Milan Partnership

Crypto moves fast—some coins rise, some crash, and a few rewrite the game. Bitcoin Cash (BCH) once soared, but now it's down nearly 50%, struggling to hold key support.

Bitcoin Cash (BCH) price has been struggling to maintain its gains after reaching a high in March 2024. Despite dropping nearly 50%, it still holds above the key $340 support level. If this level breaks, BCH could enter a bearish phase.

BCH fell below a long-term support line earlier but stayed above $305. Attempts to recover failed, and indicators like RSI and MACD suggest a bearish trend.

On the daily chart, the Bitcoin Cash (BCH) price briefly broke out of a resistance line but couldn’t sustain momentum, facing rejection at $414. If it loses the $340 support, a further drop to $195 is possible.

It’s crucial to keep an eye on Bitcoin Cash’s price movements in the vicinity of these support levels to understand its future direction.

Shiba Inu Price Dips 10% As SHIB Struggles To Break Key Resistance

Shiba Inu (SHIB) has been on a downtrend since December 2024, forming a descending triangle pattern on the 4-hour chart. This pattern typically suggests a potential breakout, which could lead to a price increase if SHIB surpasses key resistance levels.

Currently, SHIB is trading at $0.000012, showing a 2.41% increase in the last 24 hours. However, Shiba Inu has decreased by approximately 10% over the recent period, highlighting its volatility.

As SHIB price approaches the Fib level of 0.000013, it faces significant resistance, which could determine the continuation of the recent rally. A failure to break above this resistance might result in further declines, potentially testing the Fib level of 0.00001 in the lower timeframe.

Inter Milan Fans, 10K Developers & 500K+ Miners—The BlockDAG Story Is Unfolding

While Bitcoin Cash and Shiba Inu are battling their own fates, another project is rapidly expanding its empire. With over 170,000 holders already securing their portion of BlockDAG (BDAG), a $3.6 million whale making a massive acquisition, and 500K+ miners actively using the X1 app to collect BDAG (which is still easily mineable), the project is quickly amassing an army of supporters.

Moreover, BlockDAG’s partnership with Inter Milan has introduced BDAG to millions of soccer fans, broadening its reach beyond the usual cryptocurrency crowd. And to add to this, more than 10,000 developers are set to launch over 200 dApps for the BlockDAG ecosystem, further integrating it into the DeFi space.

Having raised over $205 million in presale, Batch 27 is almost sold out, and the price has surged to $0.0248. Since Batch 1, BDAG’s price has shot up by 2380%. For those still considering joining the project, time is of the essence as the last presale batches are quickly filling up.

Bitcoin Cash price is now in a difficult position as it struggles to stay above the support level while showing signs of weakness. On the other hand, Shiba Inu is battling resistance with no clear breakout in sight.

But BlockDAG is in a league of its own with a $3.6 million whale acquisition, nearly 500K+ miners using the X1 app, and an Inter Milan partnership fueling its rapid rise.

As BlockDAG’s presale crosses $205 million, and Batch 27 is almost sold out, the BlockDAG price increases to $0.0248. Since Batch 1, the price has risen by 2380%. For any newcomers, the final presale batches are quickly filling up.