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BlockDAG's Presale Unlocks 100x Returns as Ethereum Faces Uneasy Future at $2,300 and ADA Hits a Wall

by BSCN

February 13, 2024

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Navigate Ethereum future & Cardano rival. Explore the best crypto to invest in with BlockDAG's presale—Maximise passive income with innovative features.

Ethereum futures (ETH) saw resistance at $2,300 and selling pressure around $2,325. Similarly, since November 2023, Cardano (ADA) has made six failed attempts to overcome persistent resistance. Meanwhile, BlockDAG Network's (BDAG) ecosystem offers several passive revenue streams. Interestingly, they raised $1 million in their presale, giving users unique chances to acquire native coins early on, which might result in large profits.

Ethereum Faces Resistance at $2,300

There was an attempt to push the price of Ethereum above $2,300. But at the $2,325 mark, ETH saw a lot of selling activity. Like Bitcoin, the price began a new slide after a peak was reached around $2,327. The $2,300 support zone was crossed. The price tumbled below $2,280 and passed through the 50% Fib retracement line of the rise from the $2,241 swing low to the $2,327 high. Right now, the price of Ethereum is below both the $2,300 mark and the 100-hourly SMA.

ADA Struggles to Break Long-Term Resistance

Based on the technical analysis of the weekly time frame, ADA has made six unsuccessful attempts to break over a long-term horizontal resistance level since November 2023. Each of these produced lengthy upper wicks, indicators of selling pressure. The ADA price attempted an unsuccessful bounce this week. Another long upper wick and bearish candlestick resulted from this. This week's Relative Strength Index (RSI) has a lower bias. Traders utilise the RSI as a momentum indicator when deciding whether to purchase or sell an item and whether the market is overbought or oversold.

Maximise Passive Income with BlockDAG's Diverse Ecosystem

As a strong blockchain network providing various revenue streams for its community, the BlockDAG ecosystem is noteworthy. The following are the ways that investors can profit passively from this network. Coin Investment Strategy: As BlockDAG's project progresses, people can join and witness an increase in the value of their initial investment. As BlockDAG is listed on well-known exchanges, the early contributions you make will begin to turn into long-lasting assets. Convenient Mobile Mining: BlockDAG offers simple mobile mining, enabling users to turn their smartphones into easy-to-use mining instruments. For dedicated mining units, BlockDAG offers customized ASIC-based X series miner devices for customers looking to achieve better mining performance.

Trade Miners for Versatility, a blockchain innovation by BlockDAG, enables users to resell their mining units after launch on marketplaces such as eBay or Amazon, possibly for a more excellent price. Join the Referral Rewards Program to receive a 10% bonus on each investment one of your referrals makes! You must forward your unique link to your loved ones, friends, and extensive network. You will automatically get a 10% bonus on their investments when they use your link to invest in BDAG. BlockDAG's presale allows users to purchase native coins at an early batch. Users can secure their coin allocation before the public debut with this limited-time offer, offering an exceptional investment opportunity with priority access. This might give investors rewards of up to ten times their initial investment. 

Put All Your Eggs in BlockDAG’s Basket

The recent struggles of Ethereum and the ongoing resistance of ADA underscore the importance of closely examining market conditions and considering alternative options. The information highlights BlockDAG, a Cardano rival, its diversified ecosystem, and its unique method of generating passive revenue. Notably, the presale component is a brief window where users can secure early allocations and potentially earn substantial future profits in comparison to the challenges faced by Ethereum and ADA, BlockDAG's innovative products, such as the ease of mobile mining and specialized mining units, position BlockDAG as the best crypto to invest in.

Join BlockDAG Crypto Presale:

Presale | Website | Blog | Telegram | Discord 

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Disclaimer

Disclaimer: The views expressed in this article do not necessarily represent the views of BSCNews. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. BSCNews assumes no responsibility for any investment decisions made based on the information provided in this article

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