Current market trends indicate uncertainty for Stellar and Cardano, while BlockDAG is preparing to launch with a clear action plan.
Current Situation with Stellar (XLM)
Some analysts note that the current price of Stellar (XLM) is falling, having dropped from $0.2839 to around $0.256. Strong resistance is observed at the $0.276-$0.283 range, while the possibility of a drop to $0.2441 or even $0.2321 remains. Technical indicators show ongoing bearish pressure despite a slight RSI recovery. The current market scenario leads to low buying interest.
Predictions for Cardano (ADA)
The current prediction for Cardano (ADA) shows mixed signals. ADA failed to stay above $0.65 and is now trading around $0.623. The $0.62 level serves as immediate support. A drop below this level could lead to deeper losses toward $0.50. However, the accumulation of over 310 million ADA by large holders indicates long-term confidence in the project.
Launch of BlockDAG and Its Prospects
BlockDAG is preparing for launch with a clear six-week plan backed by $600 million from its presale. Clients have access to dashboards for monitoring progress and DeFi integration. With already 2 million miners onboard and 20 planned exchange listings, BlockDAG demonstrates real capabilities ahead of its public trading debut.
Thus, the current state of Stellar and Cardano leaves traders in anticipation, while BlockDAG is actively moving towards its goals, highlighting order books and real interest from investors.
