Cardano and Hedera Climb on Technical Gains BlockDAG Surges 1625% Pre-Launch

Cardano (ADA) and Hedera (HBAR) have shown significant technical progress in recent sessions, positioning them among the top-moving cryptocurrencies. ADA is currently testing a key resistance level at $0.7550 after recovering from a 24-hour low of $0.7296. The price has rebounded 2.37% to $0.7509, with continued momentum evident in the short-term chart's higher lows on the 15-minute timeframe. However, bearish pressure remains, with 53.24% of market activity favoring sellers. A decisive break above $0.7550, especially with a surge in trading volume, could propel ADA toward its recent high of $0.7601 and beyond [1].

HBAR has also demonstrated bullish potential, bouncing from the 100% Fibonacci extension level at $0.23459 and now testing a descending trendline at $0.254, near the 23.6% retracement level of $0.25044. Technical indicators suggest a potential upward shift, supported by an Elliott Wave count indicating the completion of wave (4) and a new upward wave forming. Additionally, a golden cross has developed on the 1-hour chart, with the 50-period moving average crossing above the 100-period, signaling possible further gains. HBAR briefly reached $0.2552 before retreating, highlighting strong resistance in that area. Sustained trading above $0.254–$0.255 could open the path to $0.28–$0.30, while a drop below $0.240 support may bring the price down to $0.225–$0.234 [1].

Amid these developments, BlockDAG (BDAG) is capturing significant attention due to its time-sensitive GLOBAL LAUNCH release. The initial price of $0.0016 is available for a limited time before rising to the Batch 29 level of $0.0276, representing a 1,625% increase. From there, the price will progress toward the confirmed launch price of $0.05, offering a potential 3,025% return for early buyers. The urgency of this release, combined with the project’s operational readiness—including 2.5 million X1 app users, hybrid blockchain-DAG architecture, and confirmed exchange listings—has drawn market focus away from purely technical factors in ADA and HBAR.

BlockDAG's ecosystem includes real-time dashboards, live order books, referral tracking, and gamified engagement tools such as leaderboards and mining calculators. The project has also introduced a 10 BTC Auction, where all purchases before August 11 qualify for a chance to win Bitcoin, with larger buys increasing winning odds. Mining demonstrations have shown the X10 miner generating up to 200 BDAG daily, compared to the X1 app's 20 BDAG, reinforcing the project’s operational viability.

While ADA and HBAR remain key players in the technical analysis space, BlockDAG’s market-driven urgency, supported by tangible infrastructure and growing user engagement, is reshaping the competitive landscape. With $370 million already raised and 25 billion coins sold, BlockDAG is demonstrating live network capabilities ahead of its broader market debut [1].

Source:

[1] BlockDAG’s $0.0016 Price Ends Today, Overtaking ADA and HBAR’s Technical Moves

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