Ethereum News Today: Mantle (MNT) Price Targets 50% Fibonacci Mark at $0.8856 Ethereum (ETH) Faces $3,470 Rally or $2,850 Dip BlockDAG Aims for 3,025% ROI with August 11 Launch

Mantle (MNT) has shown significant strength in recent trading, fluctuating between the 100-day Exponential Moving Average (EMA) at $0.6869 and the 200-day EMA at $0.7485. The cryptocurrency is also holding above the 23.6% Fibonacci retracement level at $0.6903, which is drawn from the January 6 high of $1.4198 to the July 1 low of $0.5524. This technical setup suggests a potential trend shift, especially with the recent breakout from a falling wedge pattern. If MNT manages to close above the 200-day EMA, the next target could be around $0.8856 at the 50% Fibonacci mark, indicating a bullish outlook for Mantle's price prediction.

The Relative Strength Index (RSI) is currently at 69, nearing the overbought zone, and the Moving Average Convergence Divergence (MACD) shows growing momentum. However, if MNT faces rejection at the 200-day EMA, the price prediction could turn bearish, with a potential dip back toward $0.6903.

Ethereum (ETH) has seen a significant amount of futures liquidations, with $97.4 million in liquidations over the past 24 hours, including $51.18 million in longs and $46.22 million in shorts. After reclaiming the $3,000 mark, ETH is now testing the upper edge of a broadening wedge. If it breaks through this resistance and turns it into support, the Ethereum price forecast points to a potential rally toward $3,470. However, if ETH drops below $3,000, it could fall to $2,850, with stronger support near $2,500. The RSI and Stochastic Oscillator are both in overbought territory, signaling strong momentum but also raising the chance of a short-term pullback. If ETH closes below $2,500, the price forecast could turn bearish, with the next likely stop around $2,110.

BlockDAG has expanded its reach with a significant partnership, becoming the Official Blockchain Partner of Major League Rugby’s Seattle Seawolves for the 2025 season. This partnership goes beyond branding, as fans will gain access to digital collectibles, tradable tokens, and NFTs tied to the team. Monthly content drops, including behind-the-scenes clips and match predictions, will be released across social media, enhancing fan engagement. BlockDAG is leveraging this partnership to introduce blockchain technology to sports fans worldwide, demonstrating its practical applications beyond finance and trading.

In addition to the Seattle Seawolves deal, BlockDAG is preparing for listings on 20 exchanges, with MEXC, LBANK, CoinStore, XT.com, and BitMart already revealed. The presale numbers reflect the strength of this global push, with over $341 million raised and 23.8 billion coins sold. BDAG is currently priced at $0.0016 in Batch 29, with a limited-time offer running until the GLOBAL LAUNCH on August 11. The launch price is confirmed at $0.05, offering early buyers a potential 3,025% return on investment (ROI) upon launch.

Mantle’s (MNT) price prediction looks promising, but it still needs to clear resistance before any real breakout. Ethereum’s (ETH) price forecast also shows potential, with bulls holding the $3,000 level and targeting $3,470, though momentum indicators suggest a pullback could come first. Meanwhile, BlockDAG is in a league of its own, with the GLOBAL LAUNCH locked for August 11 and the price frozen at $0.0016. Those who join now are looking at a whopping 3,025% ROI. Add in its Seattle Seawolves deal, 20 exchange listings, and practical applications, and it’s easy to see why the presale is racing toward $350 million. MNT and ETH look solid, but BlockDAG is clearly the next crypto to take off, with Batch 29 almost gone as smart traders rush to secure their shares.