The price of Binance Coin is close to the $700 level, while Cardano continues to decline. We will examine the influence of innovations from BlockDAG.
Pause in Binance Coin Movement
The price dynamics of Binance Coin (BNB) have slowed down near the key resistance level of $700. After reaching a local high of $697, the price has dropped to $681. Support is located between $636 and $637, which may limit further declines. However, the charts are not giving clear breakout signals above $700.
Continued Drop of Cardano
The price of Cardano (ADA) continues to drop after the SEC delayed its decision on the Grayscale ETF. The market reacted with a 4% drop, and the price of ADA is now around $0.754. Technical indicators suggest bearish momentum, and traders are on the lookout for potential dips to the $0.65 and $0.58 ranges.
BlockDAG's New Offer and Its Impact
BlockDAG has introduced an aggressive Double Reset offer that allows those who have already invested $200 to double their BDAG tokens by paying only 50% more. The quality and potential growth of the project attract the attention of investors.
Currently, the price movements of Binance Coin and Cardano are not demonstrating the expected dynamics, while BlockDAG's new offers are attracting the attention of market participants.
