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Litecoin and Binance Coin Show Mixed Signals Amid BlockDAG Developments

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by Giorgi Kostiuk

5 hours ago


Litecoin (LTC) and Binance Coin (BNB) are showing mixed signals in their price forecasts as BlockDAG increases funding and plans new equipment shipments.

BlockDAG's Product-First Strategy

BlockDAG operates on a product-first approach, focusing on launching products before initiating marketing campaigns. ASIC miners X30 and X100 will start shipping on July 7, while the X10 is expected to ship by August 15. The project has already raised $318.5 million and aims for a target of $600 million.

Litecoin Price Forecast

The Litecoin price forecast for June suggests a potential modest uptrend. Analysts expect LTC to reach between $89 and $97 in the short term. However, if support at $85 is lost, prices could retreat into the $70 range.

Binance Coin Technical Outlook

The technical outlook for Binance Coin shows signs of possible breakout. BNB is trading within the range of $640 to $660, maintaining support around $625 to $630. If BNB surpasses $675, short-term targets could approach $700.

The forecasts for Litecoin and Binance Coin reveal mixed signals, while BlockDAG demonstrates a long-term strategy focused on tech development and shipments.

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