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Analysis of the Crypto Market: SUI, Litecoin, and BlockDAG

Analysis of the Crypto Market: SUI, Litecoin, and BlockDAG

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by Giorgi Kostiuk

4 hours ago


Recently, the crypto market has shown various changes. SUI and Litecoin are drawing attention from traders, while BlockDAG catches eyes with its presale price freeze.

SUI: Breakthrough and DeFi Interest

SUI is trading near $3.90 after successfully breaking past the $3.50 resistance. Despite a recent pullback, trading volume surged by 55%, indicating renewed interest. Analysts are watching the $5.40 level as the next key resistance, provided support holds at $3.67 and $3.28.

Litecoin: Pressure at $105

Litecoin is trading at $103.64, just beneath the significant resistance level of $105.32. This zone has rejected multiple breakout attempts, and while LTC recently climbed out of the $90 range, its rally is showing signs of slowing. Traders are watching for either confirmation of strength or signs of a pullback. Support around $102 is still intact, but a slip below could send LTC toward $98.77 or even $96.24.

BlockDAG: Price Freeze and Upcoming Listings

BlockDAG has locked its presale price at $0.0020, significantly lower than the previous rate. $255 million has been raised, with over 20.6 billion coins sold. Listings on platforms like MEXC, LBANK, and others are confirmed for June 13, adding attention from long-term investors.

SUI and Litecoin show short-term interest, but BlockDAG is building its position based on a long-term approach with a frozen price and upcoming listings. The market holds interesting prospects for traders.

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