BlockDAG’s X1 App Attracts Over 300K Miners: SUI Price Faces Hurdles as Hedera Climbs
The post BlockDAG’s X1 App Attracts Over 300K Miners: SUI Price Faces Hurdles as Hedera Climbs appeared on BitcoinEthereumNews.com.
This week’s crypto buzz delivers exciting updates on SUI’s price barriers, Hedera’s price prediction, and thrilling opportunities for those searching for the best crypto to mine. SUI’s price is currently testing resistance near $4.94, poised for a potential leap towards $6 or descent to crucial support areas. Hedera, meanwhile, rides a wave of robust growth, though it’s facing potential retreats due to overbought signals, with resistance at $0.35. In the spotlight, BlockDAG (BDAG) is witnessing phenomenal global engagement, with over 300,000 users mining BDAG coins via its X1 Miner App and 105,000 gamers active on its TG Tap Miner game. With a presale rocketing past $174.5 million and its community expanding fast, BlockDAG is swiftly carving out a niche in decentralized finance innovation. Watchpoints for SUI Price: Key Supports and Resistances SUI price is flirting with the $5 mark, hitting resistance that may signal a pause in its upward march. It’s now hovering in a symmetrical wedge, challenged by resistance at $4.94. A surge above this resistance might catapult the SUI price towards $6. Alternatively, vital supports to keep an eye on include $4.15, $3.67, and $3.28. The daily chart hints at a looming correction, with a bearish RSI divergence suggesting a weakening pulse. Should SUI price dip below $3.67, it could face sharper declines, while support above $4.15 might strengthen its ascent prospects. Hedera’s Price Outlook: Surge on the Horizon or Retrace Ahead? Hedera (HBAR) is pulsing with intense momentum, flagged by an RSI of 84.69, pointing to possible bullish moves ahead. Yet, this strength also hints at overbought pressures, potentially ushering in a phase of pullback or stabilization soon. Key resistances loom at around $0.35 and $0.39. Optimism for a Hedera price prediction soaring to $5 persists, but achieving such heights hinges on broad-based adoption, major tech leaps,…
Filed under: News - @ January 4, 2025 5:17 am