This week, the cryptocurrency market shows varied trends. Hedera and Ethereum face difficulties, while BlockDAG exhibits active growth in its presale.
Current Situation of Hedera (HBAR)
The price of Hedera (HBAR) continues to face pressure after a recent rise to $0.149, currently fluctuating around $0.14. Predictions suggest that if resistance between $0.193 and $0.20 is broken, a rise to $0.25 could follow. Analysis indicates that HBAR is better suited for short-term strategies.
Ethereum's Stability Below $2,300
Ethereum (ETH) is also facing challenges, staying below $2,300. This week, it trades in the range of $2,235 to $2,445. Resistance at $2,575 could lead to a rise toward $2,750 if broken, yet the current situation remains unstable.
BlockDAG's Progress in the Presale
BlockDAG finds itself in a positive trend with a successful presale that has raised $318.5 million. Currently, the price sits at $0.0020 with expectations to rise to $0.05 upon official launch. The project also promises mobile mining and physical mining hardware in the coming months.
Overall, the situation in the cryptocurrency market remains pressured for Hedera and Ethereum, whereas BlockDAG shows active growth and gains attention through its successful presale.
