Cryptocurrencies Ethereum and Polkadot are in the spotlight, showcasing positive technical trends and growing trader interest.
Ethereum Approaches $4000
Ethereum (ETH) has stabilized around $3,800 while experiencing a drop in network fees and a positive MACD crossover. Analysts note that support at high active address levels helps maintain the current positive trend. Technical indicators suggest increased buying interest with a potential to reach the $4,000 mark.
Polkadot Readies for a Breakout
Polkadot (DOT) is showing a bullish pattern based on Elliott Wave analysis. The price action indicates a fifth wave may be forming, which typically precedes strong upward movement. DOT continues to trade above the $6.00 support level, with rising trading volume signaling growing interest among market participants. A breakout above the $6.80 resistance could see price push toward $7.50.
Web3 ai Gains Traction
Web3 ai is starting to attract attention in the presale landscape. Once a low-profile project, it is now nearing Stage 9 and offers access to several AI tools. Priced at only $0.000443, the project has raised over $8.1 million, signaling increasing interest. The system operates on utility: each action within the platform burns WAI tokens, creating ongoing demand.
Ethereum needs a confirmed breakout above $3,800 to maintain bullish momentum. Polkadot is approaching a key resistance level. The Web3 ai project shows intriguing potential in providing AI-based tools amid growing interest.
