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Current State of Cardano, Chainlink, and BlockDAG as a Promising Asset

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by Giorgi Kostiuk

13 hours ago


As May 2025 progresses, three cryptocurrencies are attracting investor attention: Cardano, Chainlink, and BlockDAG. Each shows unique characteristics and potential for future growth.

Cardano: Stability and Growth Potential

Cardano (ADA) is currently trading around $0.71, within a support range of $0.66-$0.78, creating a foundation for potential upside. The ability to sustain higher lows and stay above the 50-week EMA gives traders confidence in a possible upward move. A breakout above the $0.78 level could drive ADA toward the $0.85-$0.90 range.

Chainlink: Preparing for a Breakout

Chainlink (LINK) has gained traction with traders after breaking out of a descending wedge pattern. A larger inverse head-and-shoulders formation is also taking shape, with key resistance at $15.30. A close above that level could confirm a breakout toward the $17 to $18 range. Momentum indicators are also flashing early signals of growing interest.

BlockDAG: A Superior Choice for Investors

BlockDAG stands out through its presale strategy and real-world delivery. With a price of $0.0019 until May 13, BDAG coins represent a clear entry point, especially compared to the projected launch price of $0.05. The project offers innovative user engagement methods like 'Buyer Battles,' which cultivate a high level of involvement.

Currently, Cardano is holding its ground and moving toward a potential breakout, while Chainlink demonstrates strength and prepares for a rise. However, BlockDAG distinguishes itself with its practical return mechanisms and active market strategies.

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