Two leading crypto projects, BNB and Shiba Inu (SHIB), show promising movements in the market; however, future changes depend on overcoming resistance levels and overall investor sentiment.
BNB Price and Obstacles Ahead
The BNB price is hovering just above $600, showing solid support after clearing $595. Currently, trading volume is increasing, yet the price faces a significant resistance level at $610, which, if breached, could pave the way to $620 and even $635. Should the price dip below $600, it may fall back toward the $598 area.
SHIB's Resistance Struggle
Shiba Inu (SHIB) is holding its recent gains after escaping a long-term descending wedge. The current SHIB price is around $0.00001373 and is pressing against resistance at $0.0000145, considered a pivotal level. If SHIB closes above this mark with strong volume, it could jump toward $0.000018 or higher. The recent strength in SHIB's price performance is also supported by increasing daily burns and higher trading volumes across major exchanges.
BlockDAG’s Podcast: New Strategies and Plans
BlockDAG has taken an unconventional approach by actively sharing information about its plans through a new podcast, while most presale tokens remain silent until launch day. The podcast provides current and potential buyers with access to the project’s strategy, exchange listings, and long-term goals. Each episode features updates and insights from the team, fostering more transparent communication with the audience.
The prices of BNB and SHIB show intriguing trends but remain at a level of uncertainty. It is crucial to monitor resistance and support levels as they will be pivotal for future price developments. Meanwhile, BlockDAG focuses on transparency and timely updates regarding its project.
