Crypto markets continue to surprise this quarter, with Bitcoin rising to new heights and three key stories at the forefront: KAS, ATOM, and BlockDAG.
KAS Price Approaching Breakout
Kaspa (KAS) is in breakout territory, with its price currently around $0.087 after a 2.1% daily rise. The price previously hit $0.089 before dipping to $0.083, which is also a key support level.
Momentum is building, with the RSI at 60 and ADX above 36, indicating possible bullish continuation. If the price clears $0.090, targets of $0.098 and $0.11 may come into play. However, if resistance holds firm, KAS could remain between $0.080 and $0.090.
ATOM Technical Analysis
Cosmos (ATOM) is struggling to stay above $4.50 after a 2% drop in the last 24 hours. It slipped from $4.65 to $4.56, bouncing off an intraday low of $4.52. As of now, it’s holding near $4.56, caught between bearish pressure and institutional support.
New ATOM technical analysis shows over 18 million tokens traded, well above average, suggesting big players are engaged. If $4.50 holds, ATOM could rebound; otherwise, a break below $4.43 could lead to deeper losses.
BlockDAG's NO VESTING PASS
With Bitcoin soaring past $123,000, BlockDAG is making its move. The project has launched its 8-day NO VESTING PASS, allowing buyers full access to their BDAG coins on launch day. This is a significant shift from the usual one-year vesting often found in presales.
The offer is active now through August 11. Buyers can purchase BDAG at $0.0016 and receive 100% of their purchase unlocked for trading upon launch. The project has raised $341 million and sold 24 billion coins, showcasing strong demand.
In conclusion, Kaspa is testing resistance at $0.090, ATOM is trying to hold at $4.50, and BlockDAG is drawing attention with its no-vesting strategy. These developments highlight the current dynamics of the crypto market and its capacity for surprises.
