The recent week in the crypto market has been marked by significant changes, including the rises of Celestia and PEPE, alongside BlockDAG's successful fundraising.
Celestia Ends Long-Term Downtrend
Celestia (TIA) has escaped a months-long downtrend with a recent breakout catching the attention of traders. Analyst Butterfly describes the chart pattern as "textbook". There is potential for a rise to $5.50, nearly three times the current price. Increasing volume confirms this breakout, but a strong retest of the channel's upper line is necessary for establishing a solid position.
PEPE Strengthens with Whale Interest
PEPE, the top meme coin on Ethereum, has risen 20.6% in the last week. Currently priced near $0.000012, PEPE aims for its all-time high of $0.00002803. Technical indicators are leaning bullish, including Chaikin Money Flow indicating whale interest.
BlockDAG Attracts Attention with Active Presale
BlockDAG has raised $374 million in its presale, and it has received 20 confirmed exchange listings post-launch. The gamified Buyer Battles feature adds competitive elements, boosting community engagement. The presale experience resembles active trading prior to launch.
The recent events in the crypto market underscore the importance of visibility and execution. Celestia, PEPE, and BlockDAG each present unique approaches for engaging traders and investors.
