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Ethereum and BONK Prices: Insights and BlockDAG Launch

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by Giorgi Kostiuk

3 hours ago


As the cryptocurrency market shifts, attention turns to Ethereum and BONK prices, along with BlockDAG's special offer.

Ethereum Price Outlook

Ethereum (ETH) prices are showing positive trends after breaking above $2,700 and pushing beyond $2,800. ETH is currently trading above the 100-hour SMA and demonstrating strong momentum on RSI and MACD indicators. Key resistance levels are at $2850 and $2900. If ETH clears this zone, there is potential for a rally up to $3120, with short-term targets extending to $3300.

Nonetheless, there are risks; if ETH fails to hold above $2800, support sits at $2,720 and then $2,700. A drop below those levels could send the price back toward $2,420 or even $2,350. Currently, bullish indicators for Ethereum remain strong.

BONK Price Surge

BONK has seen a 66% price increase over the past week, reaching around $0.00002327. This rally was spurred by inflows from smart money prior to the breakout. The utility of BONK’s ecosystem also plays a significant role, as its platform LetsBonk.fun surpassed Pump.fun in daily revenue, drawing in $1.04 million in just one day. Demand for BONK has surged, especially since it is necessary for launching tokens on this platform.

Traders are also watching speculation regarding a potential 2x leveraged ETF rumored to launch by July 15. The technicals are solid, with price holding above the $0.0000225 support, and the BONK price rally could continue if volume remains strong.

BlockDAG Offer

BlockDAG is presenting a unique opportunity. With the Beat Vesting Pass, buyers can access 80% of their BDAG coins on launch day instead of the months-long wait associated with typical presales. This allows participants to jump straight into trading.

Currently, BDAG is priced at $0.0016 and has raised over $337 million in presale funding. It is now in Batch 29 of 45, with a hard cap of $600 million.

Ethereum prices are currently showing robust indicators with potential upward movements through key resistance levels. BONK has made significant gains, adding value through its platform utilities, while BlockDAG offers a unique early liquidity opportunity for investors.

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