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Current Trends in the Crypto Market: TRON and Ethereum Rise, BlockDAG Succeeds

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by Giorgi Kostiuk

2 hours ago


The crypto market is actively reacting to three main stories: TRON's rise, Ethereum whales accumulating, and BlockDAG's successful presale.

TRON Price Growth

TRON is under pressure to break long-term resistance levels. Currently, TRX is trading around $0.34, approaching a resistance zone of $0.36–$0.45. Analysts target $0.60 and $0.90, which relates to the upper boundary of a rising channel since 2019. This could indicate a significant macro-level shift.

Ethereum Market Situation

Ethereum is attracting attention due to increased purchases by large holders. Over the past month, more than 1.8 million ETH were accumulated, creating a favorable environment for bullish forecasts, anticipating growth to $6,400. Ethereum's stability is supported by institutional purchases and on-chain activity.

BlockDAG's Success in Presale

BlockDAG is in presale and has already raised over $377 million. Each coin is priced at $0.0276. BlockDAG has confirmed listings on 20 exchanges, ensuring liquidity. The implemented technologies, such as mobile and hardware miners, emphasize the ecosystem's readiness for launch.

TRON, Ethereum, and BlockDAG present interesting directions in the crypto industry. TRON demonstrates steady growth through scarcity, Ethereum attracts attention with whale activity, while BlockDAG stands out with a targeted presale approach and technology.

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