The cryptocurrency market continues to attract traders' attention. Polygon (POL) and VeChain (VET) show signs of potential growth, while the new presale of BlockDAG (BDAG) is also active.
Polygon (POL): Price Target at $0.2167
The chart for Polygon (POL) looks promising with the formation of a bullish MACD crossover and an increase in the Balance of Power indicator, indicating buyer interest. The current RSI level is at 54.88, leaving room for growth.
If POL breaks above the $0.1983 level, it may target $0.2167, in line with the 1.618 Fibonacci level. Should it dip, support is at around $0.182, which may help stabilize short-term pullbacks.
VeChain (VET): Price Surge Potential
VeChain (VET) is also on the cusp of a potential breakout. The current price at $0.02140 shows increased interest with a 2.39% rise in the last 24 hours.
If VET crosses above the current resistance, its price could soar to $0.035, marking a 63% gain. Analysts suggest a full surge for VET could reach $0.05197, indicating a 113% increase, backed by previous breakouts leading to a 252% rise.
BDAG Buyer Battles: A New Sale Strategy
In active trading, speed is crucial. The presale of BlockDAG (BDAG) is drawing attention with its Buyer Battles scheme, where 50 million BDAG tokens are distributed daily. If not sold out, the remaining allotment goes to the top buyer of the day.
Currently, BDAG is priced at $0.0016, with an expected launch price of $0.05, indicating a potential 3,025% profit.
Current market conditions create growth opportunities for Polygon and VeChain, while the new presale structure of BlockDAG highlights the dynamics and interest from traders. Analyzing these indicators may help market participants make informed decisions.
