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Ethereum and Cardano: Market Projections and Trends

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by Giorgi Kostiuk

5 hours ago


Currently, Ethereum and Cardano are attracting the interest of investors and analysts due to their recent movements and potential targets. Concurrently, the BlockDAG project reveals a new approach to launching its network.

Ethereum Moves Toward $3,000

Ethereum continues to showcase growth, bouncing back from support at $2,500 to the $2,700–$2,820 range. Analysts note that a breakthrough of this level with high volume could lead to a short-term increase in price to $3,000. Signs of growth may also point to the possibility of reaching $4,200 if current trends persist.

Cardano Targets $1.80

Cardano is currently trading around $0.64 after finding support at $0.625. Analysts highlight the presence of a triangle formation, which is accompanied by wallet activity. If ADA breaks above $0.70, the path to $1.00 will open, and with further momentum, targets between $1.50 and $1.80 could be achievable.

BlockDAG Offers a New Approach

The BlockDAG project employs an approach where preparations for launch are made before coin sales. Currently, it has raised over $312 million in its presale. According to the plan, 40% of coins will be airdropped two weeks before listing. This project aims to create a fully functional network and tools in the cryptocurrency world.

Ethereum and Cardano demonstrate significant market activity, each poised to reach key price levels. Simultaneously, BlockDAG stands out with its unique approach to launching, making it notable among other projects.

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