In recent weeks, two projects have caught the attention in the cryptocurrency market: ONDO and Cardano. ONDO demonstrates a confident rise, while Cardano fluctuates within a narrow range. Let's explore the current situation and possible prospects for both projects.
ONDO Shows Strength and Breakout Potential
ONDO is showing renewed strength, holding above the $0.73 to $0.80 range while targeting a move through the key $0.88 level. If cleared, analysts believe a short-term rally towards $1.05 is possible. Indicators like RSI and Stochastic are showing positive changes, alongside a familiar bullish fractal from last November.
Cardano Struggles Below $0.70
Cardano (ADA) is trading between $0.63 and $0.65 as mixed signals keep the short-term direction unclear. MACD and RSI reflect mild bearish pressure, but support levels are holding for now. A clean move above $0.68 could set up a rally past $0.70 and towards the $0.75 to $0.77 range.
BlockDAG: Mining Setup Launch and Strategic Moves
BlockDAG is planning a large-scale global rollout of mining equipment, beginning with the confirmed shipment of X30 and X100 miners on July 7. These deliveries represent a coordinated activation of a decentralized network where each unit contributes real hash power to the system.
ONDO is holding its bullish setup and may break higher if it clears $0.94, while Cardano needs to push past $0.70 to confirm a stronger move. BlockDAG, on the other hand, is actively executing its strategies and demonstrating robust infrastructure.
