ADA Approaches $0.86 Resistance as AVAX Hits 12% Weekly Gains and BlockDAG Nears $374M Raise

Cardano’s ADA is approaching a key resistance level near $0.86 after maintaining a steady climb, with buyers actively testing the $0.85–$0.86 range [1]. Technical indicators show positive momentum, including bearish structure breaks on lower timeframes and favorable spot netflows. The 4-hour chart reveals ADA reclaiming its EMA cluster, with the 20 EMA at $0.810 and the 50 EMA at $0.791 offering support [1]. A breakout above $0.86 could push the asset toward $0.90–$0.92, with further targets at $0.97 and beyond.

Avalanche (AVAX) has seen a 3.07% increase in the last 24 hours, trading at $24.41 amid strong weekly gains of over 12% [1]. A strategic partnership with Filecoin is enhancing AVAX’s appeal, linking Avalanche’s C-Chain with Filecoin’s decentralized storage network to improve scalability and security for enterprise applications. Technically, AVAX is aiming to break above $26.59, with further resistance at $55 and $65 in sight [1].

Meanwhile, BlockDAG has raised over $374 million in its presale, with the current price at $0.0276 and a projected launch price of $0.05 [1]. The project is leveraging three primary drivers for its growth: the X-Series Miners, which cater to both casual and professional participants; 20 confirmed exchange listings on platforms such as MEXC and BitMart; and a referral system offering 25% in rewards to referrers and 5% to referred buyers. These factors contribute to a robust post-launch infrastructure, ensuring immediate liquidity and network expansion.

BlockDAG’s ecosystem includes mining options from the mobile-friendly X1 app to the high-performance X100 hardware, with projected daily earnings of up to $100 for the X100 [1]. The project’s technical foundation and strategic partnerships position it as a strong contender in the 2025 crypto landscape. As ADA and AVAX gain traction through technical and strategic advances, BlockDAG stands out for its comprehensive post-launch strategy and early-stage capitalization.

The continued performance of these projects highlights the evolving dynamics in the cryptocurrency market, where both established names and emerging projects are vying for investor attention. While ADA and AVAX are positioned for further gains based on chart setups and partnerships, BlockDAG’s unique approach to mining, exchange readiness, and community-driven growth could redefine expectations for new crypto launches [1].

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[1] ADA Nears $0.86, AVAX Aims $65, BlockDAG Hits $374M https://coinmarketcap.com/community/articles/68a073bfae332c5db4cb7851/