Currently, the cryptocurrency market is undergoing interesting changes. Jupiter (JUP) and Shiba Inu (SHIB) show noticeable growth, capturing the attention of traders and analysts.
Jupiter (JUP) Price Forecast
Jupiter (JUP) continues to gain traction in July, demonstrating a rise of over 40%. The cryptocurrency has broken through key resistance levels, including the 200-day EMA at $0.5836 and a resistance level at $0.6339. The current price forecast for Jupiter indicates a possibility of reaching $0.7459 if the $0.6339 level is maintained. However, if the price drops below this level, a retreat to $0.5836 may occur.
Shiba Inu (SHIB) Price Activity
Shiba Inu (SHIB) is back in the cryptocurrency market with strong price movements. Having overcome its 200-day EMA, the coin is targeting the $0.00002 mark. Recently, trading volume has increased, which may indicate the beginning of a new bullish trend. Breaking above $0.00001500, which previously halted several upward attempts, could be a key moment for further price increases.
BlockDAG Buyer Battles
BlockDAG offers users a unique opportunity to participate in so-called Buyer Battles, where millions in BDAG are drawn each day. To date, $350 million has already been raised, and users can acquire 50 million BDAG in less than 24 hours. If the total coins are not sold within the day, the remaining ones go to the highest bidder. With each battle, participants have the chance to achieve high potential returns.
With the current rise of Jupiter and Shiba Inu, the cryptocurrency market continues to capture attention. BlockDAG is also generating interest with its unique sales format. These events highlight the dynamism and potential of the cryptocurrency space at this time.