Experts Recommend Holding BlockDAG at $0.0248 Amid Anticipated Price Surge—SUI Price Analysis & ETH Price Raise Concerns
The post Experts Recommend Holding BlockDAG at $0.0248 Amid Anticipated Price Surge—SUI Price Analysis & ETH Price Raise Concerns appeared on BitcoinEthereumNews.com.
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. Ethereum faces foundational challenges. Repeated ETH price drops have reduced its price to $1,801.6. The anticipated deflation from its PoS transition is postponed. The Pectra upgrade might provide some relief, but without increased usage, the days of $4K prices are gone. BlockDAG (BDAG), on the other hand, 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 indicates an inverse head and shoulders pattern that is 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 tell the story: $1.92M in long positions eradicated, with shorts leading the funding rates at -0.0056%. The momentum remains tentative. 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. The bulls need a strong push past $2.52 to avoid further declines, as SUI’s price analysis predicts potential further drops. ETH Price Drop Intensifies—Could Increased Supply Be the Culprit? Ethereum’s price has recently dropped to $1,801.69, marking a 16% decrease this month and a steep 60% fall from its $4,000 peak. With diminishing activity,…
Filed under: News - @ April 12, 2025 5:30 pm