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Cryptocurrency News Articles
BlockDAG (BDAG) Price Analysis: Will Bulls Push Past $2.52, or Will $1.42 Be the Reality?
Apr 13, 2025 at 01:00 am
The SUI price analysis indicates an inverse head and shoulders pattern that is more theoretical than actual. The crucial $2.52 threshold remains unbroken, and bearish trends persist.
The cryptocurrency landscape rewards swift action and shows no mercy to those who delay. In the case of SUI’s price analysis, the token struggles under the burden of a reversal pattern that did not hold, plunging nearly 9% with $1.92 million in long positions liquidated.
However, Ethereum faces foundational challenges. Repeated ETH price drops have reduced its price to $1,801.69, and the anticipated deflation from its PoS transition is postponed. While the Pectra upgrade might provide some relief, the days of $4K prices are gone without increased usage.
On the other hand, BlockDAG (BDAG) thrives under pressure, driving forward its momentum. The launch of Keynote 3 showcased effective deployment: a functional beta testnet, more than 1 million mobile miners active, and a strategy centered on developers. Projected prices? $20 by 2027 and $30 by 2030. Starting at just $0.0248, this trajectory isn’t just a return; it’s a treasure trove.
SUI Price Analysis: Will Bulls Push Past $2.52, or Will $1.42 Be the Reality?
The SUI price analysis shows an inverse head and shoulders pattern, more theoretical than actual. The crucial $2.52 threshold remains unbroken, and bearish trends persist. SUI is trading at $2.22, down 8.73% in the last 24 hours.
Liquidation statistics highlight the pressure, with nearly $1.92M in long positions eradicated, and shorts leading the funding rates at -0.0056%. The momentum remains tentative, and the MACD shows a slight upward curve but lacks supportive volume.
Falling below $2.16, the 1.618 Fibonacci extension indicates a possible decline to $1.42. Conversely, strong buying pressure could push SUI past $2.52, setting the stage for a potential rally to $3.68, the 0.5 Fibonacci extension.
ETH Price Drop Intensifies—Could Increased Supply Be the Culprit?
The Ethereum price has dropped further to $1,801.69, marking a 16% decrease this month and a steep 60% fall from its $4,000 peak. The scenario worsens with diminishing activity, fees hitting all-time lows, and an increase in supply due to reduced ETH burning.
The Dencun update reduced costs but weakened Ethereum’s deflationary outlook. Now, concerns about inflation resurface. Ethereum’s PoS model was designed to limit new issuance, but post-upgrade results tell a different story.
The upcoming Pectra upgrade on May 7 might stabilize the system, but without an uptick in transactions, ETH’s price drop remains a significant concern.
The current price drop in Ethereum is not merely a market correction—it reflects deep structural issues.
BlockDAG’s Journey from $0.0248 to Potential $20 by 2027: The Path to High ROI
In the crypto world, the real measure of ROI comes not from market noise but from substantial development. BlockDAG stands out in the domain of crypto presales, combining infrastructure development, timely market entry, and strong economic principles before catching the mainstream’s attention.
Starting at $0.001 and reaching $0.0248 across 27 presale phases, BlockDAG has seen a 2,380% increase in under a year. It has garnered over $213.5 million, with 19.1 billion BDAG sold, all without any venture capital involvement—purely driven by retail participation.
What distinguishes this altcoin as a powerhouse in terms of ROI is its solid operational foundation rather than mere hype. The beta testnet is operational, no-code token tools are up and running, and over 1 million users are already mining BlockDAG via the X1 miner app.
Looking ahead, price predictions for BlockDAG are $20 by 2027 and $30 by 2030. Starting from just $0.0248, the projected returns could be life-changing, backed by an already active backend.
Highlighting the operational achievements, Steven Clarke-Martin, Senior Advisor at BlockDAG, recently noted during Keynote 3, “This month, we’ve initiated a developer-focused movement—launching programs that support, mentor, and provide opportunities for developers eager to create new decentralized applications on BlockDAG.”
With over 200 dApps under development and more than 10,000 developers ready to contribute, BlockDAG is shaping a robust ecosystem that transforms early involvement into significant financial gains. BlockDAG’s strategy is not about being the loudest but about being the pioneer, a position
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- Mantra (OM) price crashes over 90% as centralized exchanges dump tokens
- Apr 14, 2025 at 02:50 pm
- The price of Mantra (OM) plunged over 90% on Apr. 13, falling from around $6.30 to below $0.50 within hours. In an Apr. 14 post on X, Mullin said the sharp drop in OM's price was caused by forced liquidations triggered by centralized exchanges.
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