The cryptocurrency market is in focus due to key events surrounding AVAX, Cardano, and BlockDAG.
AVAX: Key Support Level
The current price of Avalanche (AVAX) is drawing traders' attention, oscillating between $33 and $34. The crucial level at $32.40 is pivotal for the asset's immediate future. If AVAX sustains this level, a rise to $45-$50 could occur, while a drop below may lead to $18-$20.
Cardano: Increased Trading Activity
Volatility remains in the Cardano market. After a dip to $0.8725, the price is again nearing $0.9. According to CoinGlass, trading activity increased by 1.87%, with the total commitment reaching $1.23 billion. Analysts watch if Cardano can hold above $1, largely influenced by market sentiment.
BlockDAG: Promising Breakthrough
BlockDAG plans to list on 10 major exchanges, potentially strengthening its market pose. The presale phase concluded with significant returns of 2,380%, making BDAG one of the trending cryptos. Listing is anticipated to invite new influx of participants aiming to benefit from potentially rapid growth post-listing.
The cryptocurrency market remains dynamic, focusing on AVAX's support levels, Cardano's activity, and BlockDAG's ambitions. These projects significantly affect market sentiment and attract active trader attention.
