Currently, the cryptocurrency market shows mixed signals. Stellar (XLM) and Worldcoin (WLD) are facing difficulties, while the BlockDAG (BDAG) project is preparing for an important milestone.
BlockDAG Prospects
BlockDAG (BDAG) is gaining popularity, announcing a significant upcoming event on June 30. The project has raised over $317 million in presale funds.
With the confirmation of sponsorship, the visibility of the cryptocurrency in the market is expected to grow significantly. With Antony Turner’s phased approach to the implementation of the plan, the project is first strengthening its market position and then planning to release mining units and list on centralized exchanges.
Stellar (XLM) Analysis
The current price of Stellar (XLM) is around $0.257 with unclear direction. The trading volume remains around $100 million.
With a projected rise to $0.275–0.28, resistance around $0.26 continues to exert pressure. More active trading is expected in July, which might lead to prices in the range of $0.31–$0.33.
Worldcoin (WLD) Outlook
Worldcoin (WLD) is trading around $0.98 and facing challenges. Predictions indicate a possible drop to $0.76 by June 19.
Short-term support at $0.955 may not hold, and if the price breaks above $1.11, it could pave the way to test levels of $1.16–$1.23. Currently, WLD is trading below its 50 and 200-day moving averages, indicating limited strength.
The cryptocurrency market continues to demonstrate uncertainty, with Stellar (XLM) pausing and Worldcoin (WLD) at risk of further declines. In contrast, BlockDAG is preparing for crucial development that may change the dynamics of the market.
