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Cryptocurrencies: BlockDAG Launches Presale, BNB Faces Resistance, BONK Shows Growth Potential

Cryptocurrencies: BlockDAG Launches Presale, BNB Faces Resistance, BONK Shows Growth Potential

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by Giorgi Kostiuk

6 hours ago


The cryptocurrency market continues to display active movements. Today's focus is on the opening of BlockDAG's presale, along with Binance Coin's struggle against resistance, and BONK's positive sentiment.

BlockDAG Presale

BlockDAG has announced the opening of its final presale window, having raised $264 million and sold over 21 billion coins. Investors were pleased with the extension of the 'Double Your BDAG' offer, which allows participants to invest only 50% of their original amount to double their holdings. This moment coincides with the upcoming announcement set for June 13, when BlockDAG will present 20 listings on centralized exchanges.

BNB Resistance at $644.95

Binance Coin (BNB) price is facing significant resistance at the $644.95 level. Technical indicators suggest a potential downturn, as the Relative Strength Index (RSI) has reached overbought conditions. Traders note that identifying support levels around $600 may serve as a floor if a correction occurs.

BONK's Bullish Setup and Potential

BONK is exhibiting a strong bullish trend, with price action forming higher highs and higher lows. Following resistance at the point of control, the price retraced to robust support, including the 200-day moving average and Fibonacci levels. The current price range reinforces demand, suggesting an opportunity for a 77% rise if crucial resistance levels are broken.

The analysis of current trends indicates that BlockDAG is actively developing its presale, while BNB and BONK are at different stages of their market movement. Investors should closely monitor these assets, considering the opportunities and risks they present.

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