BlockDAG Hits $205M as Cardano & Onyxcoin Struggle— Is This the Top Crypto Pick in 2025? – Coincu
The post BlockDAG Hits $205M as Cardano & Onyxcoin Struggle— Is This the Top Crypto Pick in 2025? – Coincu appeared on BitcoinEthereumNews.com.
The crypto market is shifting fast as Cardano declines, Onyxcoin slows, and BlockDAG (BDAG) continues to gain serious traction. ADA has lost 39% of its value even after being added to the U.S. crypto reserve, casting doubt on its short-term recovery path. Meanwhile, Onyxcoin seems to be stabilizing after a massive 2,000% rally, but it remains unclear whether it can regain momentum soon. BlockDAG’s sharp rise is setting it apart. With over $205 million raised in its presale, advanced DAG-based structure, and a roadmap that includes a March testnet, $30M developer fund, and listings on over 10 exchanges, BDAG is quickly capturing attention. It’s not just moving with the market—it’s setting the pace. Cardano Faces Pressure as ADA Battles to Stay Above Key Levels Despite its recent inclusion in the U.S. crypto reserve, Cardano (ADA) has been on a downward slope, falling 39% and slipping below the $1 level. Current data shows bearish indicators strengthening, with tools like the Bollinger Band Trend and Directional Movement Index pointing toward more selling pressure. If the $1.19 level fails to hold, ADA could fall toward $0.80, raising concerns. However, if buyers return, a climb to $1.16 would be the first step before aiming for $1.64. ADA’s core strengths remain, but the short-term movement is shaky. With wider market shifts in play, ADA’s direction in the near term is being watched closely. Onyxcoin (XCN) Hovers in Critical Zone Following 50% Pullback After a 2,000% rally earlier in the year, Onyxcoin (XCN) has now corrected by 50%. Prices are fluctuating between $0.017 resistance and $0.0143 support, with momentum signals suggesting the bearish trend is losing strength. The Relative Strength Index (RSI) stands neutral at 43.2, showing that buyers and sellers are nearly balanced. The ADX has also dropped to 16.8, reflecting a weaker trend direction.…
Filed under: News - @ March 24, 2025 4:21 am