As the crypto market remains volatile, various cryptocurrencies, including Pi Coin, Shiba Inu, and BlockDAG, are attracting traders' attention.
SHIB Market Analysis: Drops Below Trendline
The price of Shiba Inu (SHIB) has dropped below the rising trendline that supported it since August 5, suggesting a continuation of the downward trend. Current market analysis shows that SHIB could return to its Q1 2024 lows if negative momentum continues.
Pi Coin: Impact on Price After H&S Pattern
The price of Pi Coin has been affected by general market movements since its Mainnet launch. After breaking the head and shoulders pattern, the price dropped 24% over the week to $1.38. If the current bearish trend holds, the price could fall another 15-25%, reaching support at $1.16.
BlockDAG BDAG800: Quadrupling Purchases
BlockDAG is generating interest due to its BDAG800 bonus offer, allowing purchases to be increased by 400%. This offer attracts investors looking to secure a significant ROI in light of the project’s continuing exponential growth.
While Pi Coin and Shiba Inu face market challenges, BlockDAG is gaining traction thanks to its lucrative presale offers and future development plans.
