With current shifts in the cryptocurrency market, prices of Celestia and Ethereum are showing significant drops, raising concerns among investors.
Major Setback for Celestia Holders
Celestia (TIA) price has dropped by 21% this month, marking an alarming 86% decline from its all-time high in February 2024. The current support level is around $2.40. Technical indicators such as RSI and MACD are showing bearish signals, suggesting a possible drop below this level to a new low.
Ethereum Price Forecast: Drop to $1,500 Incoming?
The outlook for Ethereum also appears grim, as the coin has dropped over 6% this week, triggering $47.7 million in liquidations. Currently, Ethereum is testing the $1,800 support level, with a potential decline to $1,500 expected if the downtrend continues.
BlockDAG: Education Meets Innovation in Crypto
BlockDAG recently launched its Academy, an educational platform designed to support users at all experience levels in the crypto space. The academy features a structured learning system covering everything from blockchain fundamentals to advanced development, emphasizing the project's commitment to educating users in the field.
The price drop of Celestia and Ethereum suggests a bearish outlook for many cryptocurrency users. However, the initiative by BlockDAG highlights the importance of education in the crypto industry, creating opportunities for users to learn and adapt to the current situation.