Dogecoin (DOGE) shows signs of a possible price jump, thanks to a familiar Fibonacci setup. Ethena (ENA), meanwhile, sits in a tricky spot, caught between strong APY rewards and weak technical momentum.
BlockDAG (BDAG) isn’t slowing down. It’s already raised $298 million, offers a frozen $0.0018 presale rate until June 13th, and has 1.5 million people mining through its X1 app. While DOGE’s breakout is still uncertain and ENA sends mixed signals, BlockDAG stands out as faster, more active, and clearly gaining ground.
With an NBA partnership in the works and 20 exchange launches on the way, BlockDAG is shaping up to be the next crypto ready to explode.
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Ethena Struggles Below Key Resistance Levels
Ethena made headlines after joining Coinbase’s asset roadmap on June 4, but its price slipped from $0.34 to under $0.30. The technical outlook shows resistance in the $0.35–$0.36 zone, where 878 addresses hold 2.77 billion coins at a loss. Both MACD and Awesome Oscillator are under the 20‑day EMA, signaling weakness. Still, whales are accumulating and futures open interest is growing, showing demand below the surface.
Ethena’s USDe stablecoin offers 37% APY, helping it join the top‑5 stablecoins with a $1.9 billion market cap. Analysts are torn: CoinCodex sees a $0.22–$0.24 range (~18% upside), others like Gate.io expect $0.30–$0.39, and some predict $0.80–$1.20. The technicals are mixed, leaving ENA’s outlook uncertain.
Dogecoin Builds Momentum Toward $2.28 Target
Dogecoin is drawing attention as technical signs point to a possible breakout. It’s trading near $0.1856 and appears to repeat past patterns that led to big gains. Analysts highlight three key strategies suggesting upward momentum. JAVON MARKS spotted a repeating Fibonacci cycle where DOGE consistently rises past the 1.618 extension.
Earlier cycles moved from $0.0074 and $0.039 and surpassed those levels. Today, Dogecoin’s third cycle 1.618 target sits at $2.28. MARKS also notes the current consolidation above $0.06 mirrors past pre-rally stages. If this pattern continues, DOGE could push toward that $2.28 mark, hinting at a strong possible surge ahead.
BlockDAG Gains Speed with NBA Deal Buzz & $298M Raised
BlockDAG is building serious momentum in the crypto space, and the buzz around an NBA tie‑up shows its ambition. This partnership could connect crypto with mainstream culture. The NBA’s reach across sports, entertainment, and digital apps positions BlockDAG beyond typical blockchain projects, aiming for cultural resonance and tech impact.
Its presale stats are impressive. Having raised over $298 million and sold more than 22.4 billion coins, BlockDAG’s foundation looks strong. Now in batch 29, coins cost $0.0276, while a special frozen rate of $0.0018 remains available until June 13th. That shift could deliver around 2,660% ROI if prices reach projected levels post-launch.
User engagement is real. Over 1.5 million people have downloaded the X1 Miner App, which lets everyday users mine via smartphones. On top of that, miner sales have hit over $7.1 million from more than 17,811 units sold. The active testnet handles thousands of transactions daily.
Safety is key. With CertiK audit clearance and more than 200,000 holders, BlockDAG is focusing on secure growth rather than hype. Plus, partnerships with 20 upcoming exchanges will broaden access further.
Combined, these data points, including $298 million raised, 22.4 billion coins out, 1.5 million app users, $7.1 million in miner sales, 17,811 miners sold, certified audit, 200,000 unique holders, 20 exchanges, potential NBA collaboration, show a clear momentum trend. In a world of uncertain trends, BlockDAG is setting itself up for long‑term growth, not just quick speculation.
Summing Up!
Dogecoin shows a Fibonacci breakout setup, but it’s not confirmed yet. Ethena has strong APY and whale interest, but its technicals are shaky. BlockDAG stands apart. It’s raised $298 million, has 1.5 million X1 app users, passed a CertiK audit, sold over 17,811 miners for $7.1 million, and has 22.4 billion coins in circulation.
Its $0.0018 promo price, frozen until June 13th, contrasts sharply with the $0.05 expected post‑launch value, hinting at major upside. Add NBA partnership rumors and a push into 20 exchanges, BlockDAG is moving now. DOGE and ENA may follow, but BlockDAG is already pushing ahead. Don’t miss this launch window.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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