Ethereum has experienced a notable price decline in the year-to-date as it struggles to rise above the $2,200 level. The crypto trades around the $2,100 DeFi crypto price, down by over 22% in the past month. Given Ethereum’s apparent struggle to break through key technical levels, the crypto may now be at risk of more price declines.
While analysis on Ethereum trying to rebound springs up, investors are heralding the new crypto ICO, DuragDoge ($DURAG). This meme coin has hit new highs as it focuses on cultural prowess, blending community and innovation to deliver the good tidings to the “underdogs”. This article entails DuragDoge’s path and propositions as it hits new highs.
Ethereum (ETH): Fails To Breach Long-Term Resistance
Ethereum now struggles to gain momentum above $2100, and despite multiple attempts, it has been unable to break through other key technical levels since the beginning of this year. Ethereum’s price action over the past two weeks has shown more weakness. An interesting analysis from analyst Tony “The Bull” Severino on X noted ETH’s persistent failure to overcome major resistance levels and is now at risk of more catastrophic price drops.
Tony “The Bull” Severino pointed out that Ethereum has been unable to tag the quarterly (three-month) Parabolic SAR despite more than a year of attempts. This indicator, often used to determine the direction of an asset’s trend, shows that Ethereum is locked in a prolonged struggle against resistance on a larger downtrend. “This feels like it sends a message — resistance won’t be broken,” the analyst highlighted.
DuragDoge ($DURAG) Presale: Highly Rewarding Venture
The native token of this new crypto ICO, $DURAG has hit new highs and is ready to offer incredible benefits and profits to its users. The coin’s tokenomics has a total supply of 2 billion tokens, which is well allocated for beneficial purposes to support its ecosystem. 62% is allocated to its presale journey, where users can buy coins at a discounted rate, and 8% is kept aside for community rewards.
DurageDoge has its window of purchase open to aspiring investors with a transparent presale, complete with a smart contract audit by Coinsult. The presale is selling at a DeFi crypto price of $0.0009, promising a 1000% return to early backers by its launch. A short-term 155% profit is guaranteed to current buyers by stage 2 when the token’s value will reach a new high of $0.0025.
DuragDoge is the best crypto to buy now as investors and fans rally to follow its journey to dominance, away from an era of being underestimated. With bold moves, creative push, and exquisite features, this underdog is turning humble beginnings and small moments into a movement. This global movement goes beyond monetary value, but aims to instill confidence, and shared energy and ambition in its community.
DuragDoge has a no-buy-and-sell tax policy, as well as no imposed minimum presale purchase, to make it inclusive for all investor types. Interestingly, locked liquidity is also up for grabs, and staking protocols from which token holders can enjoy up to 20% APY. This new meme coin is the best crypto to buy now, as it aims to augment its investors’ portfolios.
Conclusion
Ethereum continues to trade in the reds over the year-to-date and fails to overcome barriers despite several attempts. DuragDoge hits new highs following its immersive mission, and its ongoing presale is only a step to bask in its potential. $DURAG is for everyone, whether you’re just starting or have been in the crypto game for the longest. With the current low entry price, $DURAG beckons investors to participate in the meme coin revolution.
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