As the crypto market navigates its latest rollercoaster ride, Chainlink (LINK) and Internet Computer Protocol (ICP) have faced notable challenges. LINK has been under bearish pressure, and ICP investors are questioning its short-term potential amid a recent price dip.
Although it seems like the altcoin market is struggling, some coins are doing excellent. BlockDAG, for instance, is quickly rising as one of the top cryptos to buy right now.
After smashing through the $72.3 million presale milestone, the buzz surrounding BlockDAG has only intensified with rumors of a potential third partnership with a Premier League giant. This speculation, along with its high-profile alliances and growing whale activity, is driving massive interest.
Chainlink (LINK) Prediction: Bears Maintain Control
Chainlink (LINK) continues to face bearish pressure despite signals of potential undervaluation. Over the past month, LINK has dropped by 12%, trading around $10.24, with technical indicators suggesting further downside risk. The Moving Average Convergence/Divergence (MACD) line crossed below its signal line, signaling a possible continuation of the downtrend, which could push the price to $8.08.
While its MVRV ratios suggest the token may be undervalued, traders remain cautious as LINK’s price could struggle to break past resistance unless there is a significant rise in demand. Chainlink (LINK) prediction remains uncertain, as the token’s current downtrend may persist without a bullish reversal despite signs of undervaluation.
ICP Investors Question Short-Term Potential as Price Dips
ICP investors are watching closely as Internet Computer Protocol (ICP) faces a significant decline, with its value dropping by 9.21% recently. Despite being introduced with the bold vision of transforming the internet into a decentralized global computing platform, ICP struggled to maintain momentum.
Several factors have contributed to this downturn, including the broader market correction affecting AI and DeFi tokens. The recent performance has led ICP investors to question the project’s short-term potential, prompting many to reevaluate their positions. While ICP’s long-term ambitions remain noteworthy, uncertainty lingers around whether it can recover soon, leaving investors cautious about its trajectory.
Whale Confidence Grows Amid BlockDAG’s Rumored Deal
BlockDAG has made remarkable strides in its presale, hitting the $72.3 million mark—a testament to the power of its strategic partnerships with soccer giants Borussia Dortmund and Inter Milan. These collaborations have put BlockDAG in the spotlight and played a critical role in driving the presale closer to its ambitious $600 million goal.
Now, whispers of a third partnership with a Premier League powerhouse are creating even more excitement. Such a move would mark another huge leap for BlockDAG, signaling that its reach and influence are only set to grow. It’s no surprise that whales are increasingly active on the BlockDAG network.
The whales’ involvement clearly signals that they see long-term potential in BlockDAG’s vision and value. These whales recognize that BlockDAG’s ongoing expansion, especially with such high-profile partnerships, positions the project for even greater success. Their confidence, shown through significant moves, has been pivotal in driving the coin’s price up by 1680%, from just $0.001 in batch 1 to its current $0.0178.
With all eyes on what’s coming next, it’s clear BlockDAG’s journey is still underway. As the presale builds momentum, the platform’s growing appeal is hard to overlook. The next phase of BlockDAG’s rise could be just around the corner, and those watching closely know this could be a turning point in the project’s trajectory.
Top Crypto To Buy Right Now?
Chainlink (LINK) continues to face bearish pressure, and ICP investors are cautious as its price struggles to recover. Meanwhile, BlockDAG is a rising star. With its price now at $0.0178, up from just $0.001, and the presale gaining momentum, BlockDAG is catching attention. The potential third partnership with a Premier League club adds even more excitement to the mix. Those who are already BDAG holders have seen impressive returns, and with more developments on the horizon, this could be a prime moment for new buyers to get involved before it’s too late.
Discover More About BlockDAG:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu