The crypto market is witnessing various trends: Solana is pushing towards the $150 mark, while Hedera is facing challenges, creating interesting opportunities for investors.
Hedera's Warning Signals (HBAR)
Hedera (HBAR) has reached a critical level, forming a so-called 'death cross' — a moment when the 50-day moving average crosses below the 200-day average. This event is often seen as a sign of potential price declines, raising caution among traders. The current price of HBAR shows a slowdown, with sellers beginning to dominate. If HBAR cannot quickly regain key resistance levels, the current negative trend may continue.
Solana's Growth Outlook (SOL)
Solana (SOL) is showing active growth and aims to break the $150 level. Recent trading activity confirms high demand for this cryptocurrency, which holds above key support levels. The existing accumulation phase could lead to a possible breakout. If Solana successfully surpasses this level, it could trigger a rally towards $200, fueled by interest in a potential Solana ETF. Traders should closely monitor price movements around $150.
Passive Income Strategies with BlockDAG
BlockDAG offers a unique opportunity to earn passive income through its referral program. By inviting traders, each investing approximately $1,000, additional rewards can be gained. With a program featuring a 25% BDAG bonus, this creates the chance to earn $1,250, ensuring steady revenue growth. Establishing a referral network requires simple steps, including regular updates and a supportive environment.
Currently, Solana and Hedera provide different opportunities for traders. While the former shows signs of a bullish trend, the latter encounters technical challenges. However, BlockDAG could be an interesting option for generating passive income.
