August has become a month of high activity in the cryptocurrency market; Ethereum and Solana are showing gains while BlockDAG captures attention with rapid development.
Ethereum: Pressing Against $4000
Ethereum recently surged close to the $4000 mark before correcting slightly. Currently, ETH is trading between $3500 and $3700, trying to regain strength. The RSI indicator shows room for upward movement, and the existing 'golden cross' supports bullish views.
Solana: Aiming for $180 Breakout
Solana has rebounded from $155 and recently held above $162. It is currently trading in a tight range of $165-172 and is aiming for the $180 resistance level. Breaking this level could pave the way for $182 and even $192, depending on volume.
BlockDAG: Rapid Development and BTC Auction
BlockDAG continues to gain popularity with over 2.5 million users and $364 million raised. It has launched a 10 BTC auction for early-stage participants, with BDAG priced at just $0.0016 until August 11.
The cryptocurrency landscape in August shows activity from both Ethereum and Solana, but BlockDAG stands out with its early development and successful momentum.
