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Crypto Markets: LTC and ETH Surge, Attention on BlockDAG

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by Giorgi Kostiuk

9 hours ago


Crypto markets are demonstrating significant changes as July comes to a close. Major coins like LTC and ETH are showing growth, while BlockDAG garnered attention during its successful product demonstration.

LTC: Growth and Strong Resistance

LTC continues to show positive results, increasing by 23% over the week, reaching $119.00. Trading volume also rose to $1.27 billion. LTC is expected to test resistance between $120 and $125. The long-term price forecast for LTC ranges from $124.42 to $261.62, with the current average standing at $119.83.

ETH: Price Analysis and Prospects

ETH price stands at $3,698.65 currently, down 1.6% from the previous day but up 20.2% compared to the week. The resistance level is in the range of $3,750 to $3,800. Looking ahead, predictions vary: DigitalCoinPrice expects a price of $8,067.96 in 2025, while Changelly projects a range from $2,484.13 to $3,462.45.

BlockDAG: Real-Time Mining Demo

BlockDAG held a much-anticipated demonstration of its X1 and X10 products led by CEO Anthony Turner. The event showcased how the system can mine up to 200 BDAG daily. Connecting the X1 mobile app to the X10 device significantly boosts mining efficiency. Currently, BlockDAG has successfully sold 24.3 billion tokens and raised $351 million in investments.

Crypto markets continue to evolve, providing growth prospects for both LTC and ETH, while BlockDAG demonstrates the effectiveness of its technology. Investors remain attentive to changes and opportunities in the market.

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