The cryptocurrency market is gearing up for the fourth quarter, and analysts are examining technical signals and real adoption metrics to identify the strongest contenders. Amidst this, three projects - Stellar, BONK, and BlockDAG - are showing notable trends.
XLM: Breakout on the Horizon
Stellar (XLM) climbed 13% this week, now sitting at $0.4513 with a daily trading volume of $423 million. Price action is still holding inside a bullish imbalance zone between $0.40249 and $0.43606. If recent highs break, upside targets land between $0.52099 and $0.63661.
A bullish order block from August 3, between $0.36180 and $0.38120, remains a strong demand zone, bouncing price multiple times. CLS Global notes this area shows minimal manipulation, often a sign of larger players accumulating.
BONK: Defending Key Support
BONK is still 35% below its yearly high, yet “smart money” wallets have increased holdings by 317% over the past month. This has made it their top choice, even as whale positions eased from 2.17T to 2.06T coins.
Technically, BONK is defending support at $0.00002575, its May peak, while forming a bullish double bottom pattern. A “golden cross” between the 50-day and 200-day EMAs strengthens the outlook, with a near-term upside target of $0.000040 (+55%).
BlockDAG: Ready for Strong 2025 Market Entry!
BlockDAG is showing what full-scale execution looks like before a market debut. The project has raised $374 million at its Batch 29 price of $0.0276, with a confirmed launch price of $0.05, giving early backers a potential 2,660% ROI compared to Batch 1. So far, 24.7 billion coins have been sold.
Its advanced mining network has more than 2.5 million users mining BDAG through the X1 mobile app. The Dashboard V4 upgrade turns BlockDAG’s platform into a live market simulator, ensuring high user engagement.
As Stellar prepares for growth, BONK shows signs of accumulation, and BlockDAG solidifies its market entry, each of these projects brings interesting prospects. However, BlockDAG stands out with its high level of preparedness, actively establishing partnerships and attracting broad audience attention.
