Recent events in the cryptocurrency market show different dynamics for several key projects. Kaspa (KAS) is demonstrating noticeable growth, while Hyperliquid (HYPE) may face a correction. At the same time, BlockDAG is attracting attention due to its successful presale.
Kaspa Price Surge Points to Trend Reversal
Kaspa is showing impressive 15% growth, bringing the price under $0.09. Analysts view this as a buy signal, similar to one that previously led to a 50% rally. It is predicted that the price may reach $0.12 by the end of July. The chart shows higher lows and a possible breakout at the 0.618 Fibonacci level around $0.085. If this level holds, further growth may follow. The next resistance is around $0.0875, with additional targets at $0.094. A break above these levels may lead to the $0.11–$0.12 range.
Hyperliquid Price Analysis Hints at Pullback Zone
Hyperliquid's price analysis shows a 20% rise this week with a peak at $48.10, after which the price stabilized at $47.94. However, signs of slowing are emerging. The Relative Strength Index (RSI) is above 70, which typically indicates an overbought market and a potential start of sales for profit locking. This may lead to a price pullback if buying volume decreases.
BlockDAG's Referral Program Builds User Base Ahead of Launch
BlockDAG offers a 25% referral bonus program, rewarding users for sharing their links and attracting new participants. Users can earn 25% in BDAG, while newcomers receive a 5% bonus on their first transaction. The program aids in expanding the user base and plans sponsorship events in the U.S. to enhance the project's visibility. So far, the presale has raised over $341 million, indicating significant demand for its mining devices.
In conclusion, Kaspa continues to show strength on the charts, while Hyperliquid faces overbought signals. In contrast, BlockDAG demonstrates sustainable development through structured strategies aimed at increasing its user base.
