The post SOL Faces Pressure, LINK Eyes Breakout, & BDAG Pulls $10M in 7 Days – Coincu appeared on BitcoinEthereumNews.com.

$10M in 7 Days: BlockDAG Presale Gains Traction While Solana Slips & Chainlink Technical Outlook Turns Bullish Not every altcoin is following the same pattern this week. The Chainlink (LINK) technical outlook is leaning bullish, with LINK testing a breakout level near $18 and some analysts calling for targets as high as $30. Meanwhile, the Solana (SOL) price drop has pulled SOL below $180, raising concerns about whether the $170 support level can hold up. While LINK targets upside and SOL struggles to stabilize, BlockDAG (BDAG) is standing out among bullish altcoins. With $10 million raised in just seven days, a total presale figure of $276 million, a time-limited $0.0018 price, and forecasts reaching toward $10, BlockDAG is becoming one of the most closely followed altcoins in the market. Chainlink (LINK) Technical Outlook Shows Breakout Potential There’s growing optimism in the Chainlink (LINK) technical outlook, as price moves near the $17.80 to $18.00 resistance zone. If LINK breaks through, it could open a path to $25, with $30 also on the radar for more bullish targets. The setup is reinforced by a strong inverse head and shoulders formation and steady buy-side pressure. On-chain metrics add more weight to this view. Around 78% of holders have kept LINK for over a year, suggesting confidence in its long-term value. With funding rates staying positive and exchange outflows rising, the Chainlink (LINK) technical outlook now depends on whether buyers can push past the current resistance zone and sustain momentum. Solana (SOL) Price Drop Faces Key Support Test The Solana (SOL) price drop has brought SOL under $180, now trading below several key moving averages and flashing signs of short-term weakness. A failed attempt to break through $176 resistance has added pressure to its immediate outlook. If the $170 support doesn’t hold, the price…

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Filed under: News - @ May 30, 2025 2:29 am