Ethereum Drops 6% Avalanche Falls 6% BlockDAG Presale Price Jumps 50%

Ethereum has recently experienced a decline, dropping from $2,400 to approximately $2,244, indicating weakness near a crucial support level. This dip has raised concerns among traders about the stability of the cryptocurrency. The June 21 flash crash, which saw ETH drop 7.6% in under an hour, further tested market nerves. Despite this, support between $2,250 and $2,290 has shown strength, and if ETH can flip $2,450, it could set up a quick run toward $2,600 and beyond. However, with resistance at $2,380 to $2,450 and both RSI and MACD signaling weakness, the price remains under pressure and below key EMA levels.

Avalanche, another prominent cryptocurrency, is also facing challenges. After failing to hold its breakout above $20, Avalanche is now hovering near $17. A quick 6% drop pushed AVAX toward $15.72 before stabilizing. With RSI near oversold and support forming between $16.30 and $17.20, a rebound could be in play if volume returns quickly. A move above $18.50 would put AVAX back in range of $22.70 targets, and traders are closely watching the rounded bottom around $17.50 as a possible trigger point.

While Ethereum and Avalanche are under scrutiny, BlockDAG is emerging as a new player in the cryptocurrency market. BlockDAG has recently raised its presale price from $0.0020 to $0.0030, with another jump to $0.0080 confirmed within a few days. The project has already raised $323 million and is set to roll out mining hardware next month. A major sports sponsorship reveal is also scheduled for June 30. With its tech already live and the presale heating up, BlockDAG is positioning itself as the next potential crypto to explode.

BlockDAG's real power comes from its execution, not just price moves. The project’s mobile miner app, X1, has over 2 million users actively earning BDAG. Hardware rollouts are on the calendar, with X30 and X100 rigs shipping in early July and X10 units scheduled for August. These tools are already driving engagement and proving that the infrastructure is more than just a concept. The presale is now in Batch 29 out of 45, with each batch bringing a higher entry point, creating a clear incentive structure that rewards early action and builds pressure before the market opens up to the public.

Adding to the excitement, the team is teasing a global sports sponsorship announcement for June 30. With strong fundamentals, high visibility, and a short runway before launch, BlockDAG is making a strong case as the next crypto to explode. The project is not just about access; it is about timing. With its presale price now at $0.0020 and a jump to $0.0030 coming June 24, BlockDAG is moving fast. Between its $320 million raise, real mining deliveries, and a global sponsorship on deck, BlockDAG is building what others only promise.