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Ethereum Eyes $3,800, Kaspa Dips, BlockDAG Shows Growth

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by Giorgi Kostiuk

5 hours ago


Recent performance in cryptocurrencies shows Ethereum (ETH) finding support above $3,700, while Kaspa (KAS) struggles, and BlockDAG (BDAG) demonstrates impressive growth.

Ethereum Targets Fresh Move

Ethereum (ETH) displays fresh strength, holding around $3,720 and aiming for the $3,800 level. Analysts suggest that a breakout above this point may lead ETH to $4,000. The RSI is increasing, hinting at growing demand. Indicators also point to potential volatility.

Kaspa Clings to $0.165

Kaspa (KAS) attempts to hold above $0.17 but risks dropping below $0.165 after a weak bounce from $0.166, with potential declines towards $0.158. The current situation indicates uncertainty, and the upcoming sessions will determine Kaspa's market position.

BlockDAG Demonstrates Success

BlockDAG (BDAG) successfully navigates its presale, raising $306 million, with a 2,660% return for early investors. The platform provides support for developers and draws trader interest through its presence on 20 exchanges and comprehensive security audits. Development plans include new features, EVM compatibility, and developer tools.

All eyes are on Ethereum and its potential to break above $3,800. Kaspa needs a strong bounce to stay relevant. Meanwhile, BlockDAG shows sustainable growth and community interest, which may signal promising prospects for future development.

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