This article provides an overview of current prices for cryptocurrencies Aave and Ethereum, and the achievements of BlockDAG during the presale.
Aave (AAVE) Price Forecast and Current State
The price forecast for Aave (AAVE) has recently shown a negative trend. The price has fallen below a key ascending trendline, leading to seller control over the market. Indicators such as Spot Taker CVD are in the red zone, and short interest has hit a one-month high. Technical analysis indicates weakness as RSI remains below 50 and the bearish MACD crossover hasn't changed. If the price drops below $242, further declines to $225 could occur.
Ethereum (ETH) Price Dynamics and Possible Breakouts
Ethereum (ETH) price has crossed back above $3,600, raising hopes for a breakout towards $4,000. Analysts, including Benjamin Cowen, predict some short-term weakness in September followed by a potential rally. The long-term forecast includes reaching price levels between $5,300 and $7,500 by late 2025. However, Ethereum faces significant resistance levels between $3,800 and $3,900, while support remains between $2,400 and $2,700.
BlockDAG Achievements: New Dashboard V4 and Its Features
BlockDAG has unveiled its updated Dashboard V4, providing users with real trading features during the presale. Participants can utilize buy and sell buttons, access real-time pricing, and see a full order book. So far, $365.5 million has been raised, with 24.8 billion BDAG coins sold. Additionally, equipment sales have totaled $7.7 million, with over 19,000 units shipped.
Thus, the current state of cryptocurrencies Aave and Ethereum raises concerns, while BlockDAG shows active growth and success in the market. Future developments in these areas will determine upcoming trends in the crypto market.
