This week, traders are observing a combination of classic breakouts and newer strategies. Ethereum and Litecoin are approaching key technical levels while BlockDAG attracts attention with its competitive presale structure.
LTC Moves Towards $97.10
Litecoin’s breakout above a multi-month descending resistance is turning heads. This shift now places the LTC price target around $97.10. Analysts note that increasing trading volume reinforces the upward trend. If buying pressure holds steady, short-term projections suggest LTC could reach $100. The breakout marks a potential turning point in Litecoin’s recent pattern, introducing the possibility of sustained upward movement.
ETH Price Update Shows Bulls Holding Ground Below Resistance
Ethereum is currently trading near $2,578, posting a modest 0.70% daily gain. Despite the positive move, the latest ETH price update indicates that ETH remains range-bound between strong support at $2,185 and resistance at $2,750. This setup reflects hesitation among traders. Whale activity remains steady, with around 60,000 ETH staked weekly, indicating long-term optimism.
BlockDAG Turns Presale into Competitive Game with Buyer Battles
BlockDAG’s presale strategy is taking a distinct route by turning daily buying into a contest. The project releases 50 million BDAG coins per day as part of its ‘Buyer Battles’ format. What sets it apart? Any coins not sold are awarded to the day’s top buyer. This mechanic adds a game-like dynamic to buying activity, encouraging greater participation. To date, BlockDAG has raised $335 million, selling more than 23.7 billion coins in 29 completed batches.
Both Litecoin and Ethereum remain key players, with the LTC price target near $97.10 and Ethereum needing to break $2,600. In contrast, BlockDAG continues to expand through user-driven efforts, potentially making it one of the top crypto gainers in the second half of the year.
