The crypto market is experiencing notable movements, particularly with Worldcoin and Dogecoin, alongside significant investments in BlockDAG.
WLD Struggles at Critical Level
Worldcoin (WLD) has experienced a sharp decline, dropping from $1.08 to $0.99 in one day, marking a 9.38% loss. The main support level is now around $0.9950, while resistance at $1.08 caps any rebound attempts. RSI readings indicate an approaching oversold condition, suggesting that selling pressure may decelerate. If WLD fails to maintain the $0.9950 level, further losses could ensue.
DOGE Golden Cross Sparks Bullish Hopes
Dogecoin (DOGE) has recently recorded its first golden cross since last November, where the 50-day moving average crossed above the 200-day. Historically, this setup has often preceded sharp rallies. Currently priced at $0.2357, DOGE shows signs of building bullish momentum. The first key target sits at $0.25, with further upside potential if buying accelerates.
BlockDAG Builds Scale and Marketing Strategies
BlockDAG has raised $374.5 million, with BDAG priced at $0.0276. The project combines a standard blockchain ledger with a Directed Acyclic Graph structure for high-speed and low-latency transactions. Additionally, BlockDAG is expanding its reach through partnerships with sports teams, introducing NFTs and fan coins, which broadens its audience beyond the crypto space. These developments position BlockDAG as a contender in the market for 2025.
The crypto market shows activity with WLD and DOGE highlighting short-term movements, while BlockDAG focuses on long-term goals and innovations, securing its place in the future.