The cryptocurrency market is showing activity with several cryptocurrencies aiming for breakout or strengthening their positions. This article examines Hyperliquid (HYPE), SUI, and BlockDAG and their current price trends.
Hyperliquid (HYPE) Price Forecast
Hyperliquid (HYPE) is showing stability, hovering around $40, creating pressure on a resistance level just below $41. Since June, over 9 million coins have been removed from circulation, which may indicate that users prefer to hold their assets. Analysts suggest that if the price clears $41, HYPE could quickly move to $47 and then $50.
SUI Trading Range and Potential Breakout
SUI is trading just under $3.00, forming a tight range that may foreshadow significant movement. The market cap stands at $6.80 billion, with a daily trading volume of around $1.20 billion. Currently, SUI's price holds steady at $2.90, showing mild upward pressure. Observers note that the narrow price range may lead to a breakout in either direction. A clear move above $3.00 could raise the price significantly, while a drop below $2.85 may push it to $2.70.
BlockDAG's Global Launch and Its Potential
BlockDAG is quickly approaching the final days of its special GLOBAL LAUNCH, which ends on August 11. Until that date, it is available at a fixed price of $0.0016. With a confirmed launch price of $0.05, current buyers can secure a potential return of 3,025%. The project has already attracted over 200,000 participants and raised $337 million. Users have the opportunity to mine BDAG directly from their smartphones through the X1 Miner App. BlockDAG is also lined up for listings on 20 well-known exchanges.
Against a backdrop of active changes, Hyperliquid remains at key resistance levels, SUI is primed for a potential breakout, and BlockDAG is drawing particular attention due to its upcoming launch. These three cryptocurrencies are becoming notable players in the current market.
