In the last couple of months, the crypto market surged to unprecedented highs, mainly because the U.S. approved a Bitcoin ETF. Even though the initial excitement has cooled and the market has entered a correction phase, most major altcoins have kept their value in the green zone. They stand ready for potential further gains when the rally picks up again.
Notably, a significant Litecoin price spike may be incoming, with LTC potential reaching $150 while Cosmos (ATOM) has breached a resistance level, aiming for the price target of $17 or even $20. In the presale market, BlockDAG (BDAG) is dominating investors’ attention with its 1566% post-launch ROI potential and projections suggesting the possibility of further gains up to 5000x.
Litecoin (LTC) addresses surged to eight million by March 28, marking an increase of one million addresses over the past year. Despite this, LTC has struggled to sustain a breakout above the $100 mark since January 2022, trading 76% below its all-time high without surpassing its 2023 highs.
The current effort to break through the $100 resistance level, backed by positive RSI and MACD trends, may trigger a significant Litecoin price increase, potentially hitting $150—a 60% rise from its current position. However, the long duration of this bullish pattern (650 days) suggests that the consolidation may occur before a potential breakout.
Cosmos (ATOM) has recently overcome a significant resistance level at $12.4, indicating a potential for a bullish run in the medium to long term. This breakthrough follows a recovery from a decline from the $14 price level, overcoming a robust resistance in December 2023.
The bullish momentum for ATOM is supported by increasing buying pressure, as indicated by the RSI rising above the 50 mark on the daily timeframe. However, ATOM faces a significant challenge at the $14 resistance level, where it has previously faced rejection twice. Despite this, the current Cosmos trading activity suggests optimism for breaking through this resistance on a third attempt. ATOM could reach price levels of $17 and even $20.
The crypto presale market has recently witnessed the rapid ascent of BlockDAG (BDAG), a new PoW project that builds on the DAG protocol initially developed by Kaspa. At the core of BlockDAG is a network capable of executing transactions at a remarkable speed of 10 blocks per second, making it the fastest PoW blockchain out there and positioning it alongside crypto giants like Solana and Ethereum.
In addition to its speed advantage, BlockDAG aims to mitigate the environmental impact of crypto mining. To this end, BlockDAG has introduced the X-series, a line of environmentally-friendly crypto mining rigs that can mine BDAG, BlockDAG’s native coin, and a range of other cryptos, including Bitcoin. With nearly 5000 units sold, these rigs represent a significant step forward in reducing the carbon footprint associated with crypto mining, aligning with the growing demand for sustainable practices in the mining space.
In response to the overwhelming early investor interest and the $10.8 Million raised quickly, BlockDAG, currently priced at $0.003 in the fifth batch, has announced a $2 million mega giveaway for 50 lucky community members. Participants should follow BlockDAG’s social media channels, submit their wallet addresses, increase their winning chances by completing different quests, and invite friends for additional entries to participate in the giveaway.
Litecoin (LTC) shows promise of a significant rally, with current attempts to break the $100 resistance, potentially leading to a 60% Litecoin price spike to $150. Meanwhile, Cosmos (ATOM) has breached a key resistance at $12.4, suggesting a bullish run with the potential to overcome the $14 level and aim for price targets of $17 to $20. BlockDAG (BDAG) is emerging as a notable contender in the crypto presale market, with its fast transaction capabilities and environmentally-friendly X-series mining rigs, alongside a 1566% post-launch ROI potential for early investors.
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Website: https://blockdag.network
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