BlockDAG to Change Crypto Storytelling with a Hollywood Production for its Keynote 3! ETH Technical Analysis Bullish & SOL Rebounds
The post BlockDAG to Change Crypto Storytelling with a Hollywood Production for its Keynote 3! ETH Technical Analysis Bullish & SOL Rebounds appeared on BitcoinEthereumNews.com.
The crypto market’s biggest players brace for rebounds, growth, and showstopping announcements as traders search for the best long-term crypto. Solana’s (SOL) recent dip below $200 keeps traders on the edge, whereas Ethereum’s (ETH) technical analysis highlights bullish momentum fueled by over $2.32 billion in institutional inflows. But the biggest news? BlockDAG (BDAG) is rumoured to drop a Hollywood-backed Keynote 3 next year! BlockDAG’s Keynote 3, speculated to be a Hollywood-level production, and its already impressive DAG technology and Ethereum compatibility, have made the most talked-about Layer 1 projects in crypto today. With $170.5 million already bagged in the presale, BlockDAG’s $600 million target milestone feels closer than ever as whales jump aboard this potential blockbuster. Solana Price Holds As Traders’ Anticipate A Rebound The Solana price recently dipped below the critical $200 level for the first time since November, marking an 8.03% decline over the past 24 hours. This downturn aligns with a broader market pullback but hasn’t shaken bullish expectations among traders. Market sentiment shows optimism, as Solana’s Long/Short ratio edges closer to 1. This increase suggests many traders believe the price dip will be short-lived and are betting on a comeback. Additionally, Solana’s current value hints at a buying opportunity for those looking to accumulate before the next rally. If the price holds steady around $170.5.75, analysts suggest a rally could push Solana back above $200, giving traders reason to stay hopeful for a strong rebound. ETH Technical Analysis Shows Strength as Institutions Pour In The Ethereum technical analysis highlights a bullish potential, supported by 16 consecutive days of ETF inflows totaling $2.32 billion. As Michaël van de Poppe stated on X, “$ETH / $BTC shows that it’s acting stronger than Bitcoin… altcoins are set to do really well.” Trading near $3,188, Ethereum continues to attract institutional…
Filed under: News - @ December 22, 2024 6:19 pm