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Polkadot (DOT) Escapes Descending Wedge Pattern, Dogecoin (DOGE) Price Outlook: Prospects Following a Drop to $0.313?

2025/01/10 08:00

Polkadot (DOT) Escapes Descending Wedge Pattern, Dogecoin (DOGE) Price Outlook: Prospects Following a Drop to $0.313?

This week's crypto highlights include Polkadot's technical analysis, an outlook on Dogecoin's price, and an enticing offer from the best crypto to buy right now!

Polkadot has escaped a declining wedge pattern, raising hopes for a possible rally if it surpasses the crucial $10.88 resistance. On the other hand, Dogecoin has shown considerable fluctuations, falling to $0.313 after a significant rise last November.

Meanwhile, BlockDAG (BDAG) has rolled out a referral initiative that benefits both the referrer and buyer with instant USDT rewards on BDAG acquisitions. As the presale hits $177.5 million, it's an excellent time for traders to increase their BDAG collection while securing immediate USDT.

Polkadot Technical Analysis: Crucial Points to Monitor

According to recent technical assessments, Polkadot has broken free from a declining wedge pattern, hinting at a potential uptrend. Currently at $6.83 after a minor decrease, this breakout could foster trader confidence in an impending rally.

Essential indicators like the undersold RSI and moving average crossovers support this optimistic view. The primary resistance to observe is $10.88. Surpassing this could propel Polkadot to a potential high of $24 soon. However, failing this test could see Polkadot facing a downturn.

Dogecoin Price Outlook: Prospects Following a Drop to $0.313?

Dogecoin has been notably unpredictable recently. In mid-November, it climbed by 115%, peaking at $0.3292, its highest since October 2021. Yet, it has receded to around $0.313 as of late December 2024. Predictions for Dogecoin's 2025 price are mixed.

Some analysts predict growth, while others see a potential fall. Its volatility underscores the need for careful optimism amid shifting market conditions. Furthermore, the speculated introduction of a Dogecoin ETF might bolster its market position and draw institutional attention.

BlockDAG’s New Referral System: Potential Earnings for Holders

BlockDAG's massive $177.5 million presale has positioned it among the top cryptos for substantial gains in the forthcoming months and years. The newly launched Refer & Earn USDT system rewards users with instant USDT cashback for referrals, reflecting BlockDAG's community-focused approach.

This system helps users expand their BDAG holdings while gaining additional rewards. Referrers receive a 6% cashback on a referred buyer's first purchase, increasing to 7% on the second and up to 10% for further transactions.

Moreover, buyers also gain 6% cashback on each purchase made via a referral link. Rewards are instantly added to wallets compatible with USDT (BEP-20) tokens. With no cap on purchases, both referrers and buyers can continuously earn rewards with each transaction.

Considering BlockDAG's robust presale performance, experts believe BDAG, currently at $0.0248 in its 27th presale batch, could rise to $1 by 2025. Early backers have witnessed an impressive 2380% growth in their holdings.

This tremendous potential for returns, coupled with the lucrative referral program, marks BlockDAG as the best crypto to buy right now for those aiming to maximize both returns and rewards. Active traders are quickly sharing their referral links, accumulating cashback as the 26th batch approaches sell-out.

Best Crypto to Buy Now- Final Say

Polkadot's technical analysis signals a potential rally with $10.88 as the critical resistance. Dogecoin remains unstable, with varied forecasts for 2025. However, an upcoming ETF could positively impact Dogecoin's price trajectory. While there's uncertainty around these cryptos, BlockDAG stands out with its rewarding referral scheme.

With a $177.5 million presale and projections of reaching $1 by 2025, BDAG ranks as the top crypto currently. Additionally, the new reward system adds even more value, allowing users to earn unlimited rewards while enlarging their holdings. As BlockDAG's 27th presale batch nears completion, those seeking the highest returns and rewards should act swiftly before BDAG's price climbs.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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