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Cryptocurrency Market Faces Shifts: Analysis on HBAR, SHIB, and BlockDAG

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by Giorgi Kostiuk

3 days ago


The cryptocurrency market is undergoing changes. While Hedera (HBAR) weakens, some coins like Shiba Inu (SHIB) and BlockDAG (BDAG) display interesting movements. Let's explore them in detail.

HBAR Price Trends: Indicators of Weakening

The current Hedera (HBAR) price outlook reflects a bearish tone as it remains below $0.20, with over 5% losses in the past week. Indicators such as the DMI and Ichimoku Cloud reveal strengthening bearish trends. If HBAR fails to hold above the $0.184 support, it could drop towards $0.17.

Shiba Inu Whale Activity: What to Expect?

Despite Shiba Inu (SHIB) seeing no recent price movement, whale activity indicates interesting accumulation trends. A 5.62% increase in wallets holding SHIB for more than a year signals long-term confidence.

BlockDAG’s Success: Auditors Confirm Reliability

BlockDAG is prioritizing security, demonstrated by the completed Halborn audit validating smart contracts. The ongoing CertiK audit further solidifies trust. These efforts accelerate presale momentum and fundraising success.

HBAR continues facing bearish pressure, while SHIB whale activity suggests possible future gains. Meanwhile, BlockDAG is successfully concluding audits, enhancing trust and driving presale progress.

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