Crypto markets in Q3 continue to show mixed signals. Amid rising blockchain activity, traders are seeking clarity in price movements.
AVAX Approaches Key Resistance
Avalanche (AVAX) is increasing again and approaching a key resistance level at $26. After a steep drop of more than 50% since March, AVAX is showing signs of recovery, trading around $25.70. A break above the $26 mark could confirm a bullish reversal and open a path towards $30 or higher. However, failing to break this level may lead the price to revisit the $20 support zone.
KAS Shows Strength Near Resistance
Kaspa (KAS) remains steady around $0.081387 after a recent rebound from a low near $0.065. The current KAS price action shows a consolidation just below the $0.080-$0.082 resistance range, indicating buyers are actively defending this level. If KAS can push past this resistance, it could aim for the $0.088-$0.090 range, where previous rejections occurred. Firm support at $0.074-$0.075 remains.
BlockDAG: Successes and Referral Program Structure
BlockDAG continues to develop its referral program, offering a 25% bonus in BDAG for each successful referral. This model is capturing attention, with many earning thousands in BDAG. Additionally, the X1 Miner app has over 2 million users, indicating strong demand for accessible crypto mining. With over $336 million raised and 23.78 billion coins sold, BlockDAG shows significant growth among decentralized crypto projects.
The current price trends of AVAX and KAS are at critical resistance levels that could pivot their movements. Meanwhile, BlockDAG, with its growing user base and referral program, confirms its relevance in the market.
