This week, the cryptocurrency industry is witnessing several significant events. The price trends of PI Network, Bitcoin Cash, and activities around BlockDAG are generating heightened interest among traders.
PI Network Price: Signs of Recovery
After sliding from $0.73 to $0.58 in April, the PI Network price closed the month 18% lower. However, current technical indicators suggest a possible recovery. The MACD has flipped bullish, and an ADX value of 8.59 points to a weak trend, which could benefit buyers.
Bitcoin Cash Price Surge
The price of Bitcoin Cash (BCH) has reignited interest in the asset as it has moved from $300 toward the $400 mark. Momentum indicators like RSI and MACD continue to support the current rise. However, BCH has previously faced rejection at this level multiple times.
Activity Around BlockDAG
The BlockDAG project is attracting attention by slashing its token price to $0.0019 and launching a token sale. Over $226 million has already been raised, prompting buyers to become actively involved. Following a successful recommendation, the project expects increased interest before the campaign ends.
Crypto investors have a chance to see a possible recovery in PI Network and growth in Bitcoin Cash. Meanwhile, BlockDAG's token sales present an intriguing option for anyone looking for opportunities in the current market.
