The cryptocurrency market is witnessing notable changes in Hedera and Ethereum tokens, while the BlockDAG project exhibits steady growth.
State of Hedera (HBAR)
Hedera (HBAR) is facing low demand pressure as prices drop. Last week, the price fell from $0.149 to $0.137, and now the token fluctuates around the $0.14 mark. Technical indicators indicate the asset's weakness, as short-term moving averages are below long-term ones. Analysts noted that HBAR could recover if it breaks the $0.193–$0.20 level.
Current Situation of Ethereum (ETH)
Ethereum (ETH) is also under pressure, having dropped below $2,300. Current support lies between $2,235 and $2,445, with resistance at $2,575. Predictions remain optimistic, as experts expect ETH to rise to $6,000 by the end of 2025 due to increasing institutional interest and ETF developments.
Growth and Prospects of BlockDAG
The BlockDAG project shows a different momentum amid the decline of other assets. A presale is currently ongoing, priced at $0.0020, with a prospect of rising to $0.0030. The blockchain offers real products and has over 2 million users actively using mining applications. As of today, BlockDAG has raised $320.5 million.
While Hedera and Ethereum are facing challenges, the BlockDAG project stands out against the backdrop of overall market instability due to its practical achievements and active development strategy.
