Dogecoin and Litecoin Potential Fade Away as BlockDAG Unveils Game-Changing Dashboard Upgrade
The post Dogecoin and Litecoin Potential Fade Away as BlockDAG Unveils Game-Changing Dashboard Upgrade appeared on BitcoinEthereumNews.com.
Dogecoin and Litecoin are showing positive market signs after spending much time in the dip. Amidst these developments, investors are backing BlockDAG as the best crypto right now. To celebrate its CoinMarketCap listing, BlockDAG has appeared at Piccadilly Circus in London. The project has unveiled a new dashboard update, enhancing community experience and transparency. With its presale raising over $26 million, BlockDAG is gaining significant attention. For those interested in DOGE Price Prediction or Litecoin Potential, BlockDAG stands out as a compelling investment opportunity. The Tricky Dogecoin Price Trends Dogecoin tested the $0.1360 support level and began a recovery wave. It is trading below $0.1450 and the 100 simple moving average (4 hours), facing resistance at $0.1430. To enter a positive zone, Dogecoin must settle above $0.1450. After dropping below this level, a low formed at $0.1358. A minor recovery was observed above the $0.1420 resistance. Despite attempts to recover, Dogecoin remains below key levels. A close above $0.1450 might push the price towards $0.1535 and possibly $0.1620. If Dogecoin fails to gain momentum above $0.1450, it could decline further, with major support levels at $0.1400 and $0.1360. A downside break below $0.1360 could see the price drop towards $0.1200. The current Dogecoin price prediction suggests potential resistance and support levels that investors should watch closely. Rising Litecoin Potential Litecoin has experienced a relatively stagnant year in price action. Trading at $80.66 with a market capitalization of over $6 billion, it ranks as the 19th largest cryptocurrency. Last month saw a decline of more than 6% in LTC’s value, impacting its social dominance and investor sentiment. Despite this, a bullish pattern formed in 2018 suggests a potential breakout, which previously led to an all-time high. Currently, Litecoin’s reserve risk is near its all-time low, indicating a possible bull rally. The…
Filed under: News - @ May 16, 2024 9:24 am