This week has been pivotal in the cryptocurrency sector, with Polkadot showing clear signs of growth and renewed interest in Uniswap, alongside the focus on BlockDAG presale.
Polkadot Rebounds with Bullish Setup and 17% Target
Polkadot (DOT) is showcasing renewed strength as its price bounced from a vital support area at $4.30 - $4.37. Traders observe a bullish engulfing candle formation with rising volume, signaling increasing buyer interest. Technical indicators reveal a favorable setup, offering a stop-loss just below support with potential targets at $4.93 and $5.38.
Uniswap Whale Returns, Buys $4 Million in UNI
Uniswap (UNI) is attracting interest after a known whale reentered the market, purchasing $4 million worth of UNI. This wallet had been inactive for over three years and previously made two timed buys that yielded $21 million in gains. This time, it acquired over 662,000 UNI at around $5.99 each. Following this, UNI’s price rose by 10%, and the MACD started flashing positive signals.
BlockDAG Crosses $273M Mark After $10M Weekly Inflow
BlockDAG has attracted $10 million in just one week, pushing its total presale raise beyond $273 million. Such inflow points directly to large-scale players making early investments. The foundational price of BDAG is $0.0020 until June 13, with sales volume surpassing 21.4 billion coins, reflecting a 2,520% gain from its initial point at $0.001.
The cryptocurrency landscape remains dynamic, with a resurgence of interest surrounding Polkadot and Uniswap, while BlockDAG stands out as the most notable player with impressive financial achievements.
