As investors evaluate which cryptocurrencies to buy, market trends are a key consideration. Cardano (ADA) is currently experiencing a downturn, with decreasing user activity hinting at a possible drop to $0.30. Litecoin, on the other hand, is encountering resistance at $69, and predictions indicate it might face further declines.
Meanwhile, BlockDAG is on an upward trajectory. The platform has successfully raised $72.5 million in its presale. CEO Antony Turner is actively working to boost BlockDAG’s international visibility. His recent discussions with Borussia Dortmund aim to enhance the $10 million partnership’s impact. With these aggressive growth strategies and 30,000x ROI predictions, BlockDAG is positioned to attract significant attention in the cryptocurrency community.
Cardano (ADA) Price Falls Amid Declining User Engagement
Cardano’s (ADA) price is currently under pressure as the number of active addresses has dropped sharply. Following a six-month peak of 54,800 addresses on September 6, the count has decreased to just 24,900, indicating a significant fall in user engagement. This decline comes even after ADA’s recent rise to $0.34. However, a bearish MACD divergence points to a possible downturn towards $0.30 soon.
There is notable liquidity at the $0.33 mark, which could push ADA’s price lower. The ongoing trend suggests that Cardano might face difficulties in gaining momentum in the coming days. Despite recent updates and improvements in the ecosystem, the slow adoption by users might impede any potential recovery for ADA.
Litecoin Price Forecast: Resistance at $69 Could Lead to a Decline
Litecoin (LTC) has seen a small rise, supported by an overbought Relative Strength Index (RSI). However, Litecoin is facing strong resistance at the 50-day Simple Moving Average (SMA) and a key downward trend line. If it fails to break the $69 resistance level, a drop toward $55 is expected. While short-term gains are possible, the overall outlook suggests that Litecoin may experience downward pressure in the near future. Monitoring this resistance point will be crucial for traders looking to assess the next price move.
BlockDAG CEO Engages with Borussia Dortmund to Strengthen $10M Partnership
BlockDAG, known for its ambitious presale goals, has already raised $72.5 million and is targeting a total of $600 million. A significant part of their strategy involves a $10 million partnership with Borussia Dortmund, a major German soccer club. This collaboration aims to introduce BlockDAG to millions of soccer fans, combining the excitement of sports with blockchain technology to enhance its visibility in the mainstream market.
So far, over 12.9 billion BDAG coins have been sold, with the price per coin increasing from $0.001 to $0.0178—an increase of 1680% since the first batch. This indicates a strong community belief in BlockDAG’s prospects. With the presale moving towards its $600 million target, the window for joining is becoming smaller. As BlockDAG continues to build its brand, particularly through high-profile partnerships like with Borussia Dortmund and 30,000x ROI predictions, potential investors are encouraged to participate soon before the prices escalate further.
Which Crypto to Buy Today?
Cardano (ADA) is struggling with reduced user activity, and Litecoin is facing resistance at $69, leading to uncertainty in both assets. BlockDAG, however, is gaining traction, with a presale that has already delivered a 1680% price increase. As partnerships, like the $10 million deal with Borussia Dortmund and 30,000x ROI forecasts, boost its visibility, those looking for growth opportunities may find BlockDAG appealing before prices climb further.
Discover More About BlockDAG:
- Website: https://blockdag.network
- Presale: https://purchase.blockdag.network
- Telegram: https://t.me/blockDAGnetworkOfficial
- Discord: https://discord.gg/Q7BxghMVyu
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