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The Coin Rise 2024-12-28 23:59:35

Chainlink Price Remains Steady & Stellar Indicates Downturn – BlockDAG Sets Sights on Major Exchanges as 2025 Approaches

As Chainlink’s price stabilizes at $21, prospects of climbing to $32 look promising, especially as more tokens move from exchanges to private holdings. Meanwhile, Stellar’s technical analysis shows a 29% decline this month, suggesting a continuing downward trend. In the midst of these developments, anticipation around BlockDAG (BDAG) grows following an AMA announcing its 2025 plans to launch on premier exchanges. This news has spiked BDAG demand, with its presale now exceeding $173 million. The journey toward a $600 million presale target appears more feasible, with analysts predicting a BDAG price of $1 by 2025. Let’s delve into how these digital currencies are positioning themselves as the best cryptos to buy now. Stellar’s Outlook: Prolonged Bearish Trends Ahead Stellar’s recent technical analysis indicates a significant 29% fall over the last month. The appearance of a ‘death cross’ could mean the bearish phase isn’t over yet, although a surge in buying might suggest an upcoming reversal. Currently, Stellar finds support at $0.31 and faces resistance at $0.40. The technical charts, including the Directional Movement Index (DMI), point to a strengthening bearish force with an ADX over 25, signaling a strong trend. However, the Chaikin Money Flow (CMF) index has risen to 0.19, reflecting notable purchasing activity. Should this buying momentum continue, Stellar could potentially breach its current constraints and ascend further. Chainlink’s Pricing Path: Poised for a $32 Breakthrough Despite recent hurdles, Chainlink holds firm support at $21, potentially setting the stage for a push toward the $32 resistance level. A significant amount of LINK has transitioned from exchanges to private storage, hinting at a decrease in sell-off pressure. If Chainlink maintains this foundational support, it may witness an upward trajectory. Growing optimism for Chainlink’s price is evident, with commentary from analyst @Bitcoin_Buddah on X suggesting, “Trump’s World Liberty is actively acquiring LINK, and IMO, Chainlink will spearhead the Altcoin movement in 2025.” Stability is crucial for Chainlink; a fall below support might lower its price further. BlockDAG’s 2025 Exchange Debut Unveiled in the Latest AMA BlockDAG recently stole the spotlight in its December 2024 AMA by announcing substantial development goals. The headline news is BlockDAG’s preparations for major listings in 2025. This AMA shared insights into ongoing discussions with several prominent exchanges, noting a more organized approach to onboarding than before. Aiming to launch on approximately 10 exchanges, this plan positions BlockDAG for swift international growth, boosting its global visibility and making it a top contender as the best crypto to buy now . The buzz from this news has significantly boosted demand for BDAG, prompting a rush for early participation. As the crypto presale surpasses $173 million with prices climbing, daily contributions of over $5 million from major participants indicate a $600 million presale target could soon be a reality. For those eyeing substantial gains, time is of the essence. BDAG’s price is presently $0.0234 in the quickly depleting presale batch 26, with a significant price increase anticipated for the upcoming batch. Adding to the excitement, analysts project that BDAG might reach $1 by the end of 2025. Early participants in BDAG have seen a 2240% ROI, and the projected $1 price points to a possible 4200% ROI for those in batch 26. In brief, entering now might lead to greater gains than delaying and facing higher costs later. The Bottom Line With the Chainlink price steady at $21 and the potential to rise to $32, it presents itself as a robust choice. Meanwhile, the Stellar (XLM) technical analysis after a recent decline suggests a potential upturn if buying intensifies, offering a cautious yet hopeful outlook for market watchers. BlockDAG sets itself apart with its bold plans for 2025 exchange listings. These planned listings are expected to increase global accessibility to BDAG, thereby ramping up demand. With the presale already beyond $173 million and a projected price of $1 by 2025, BlockDAG ranks as one of the best cryptos to buy now. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu The post Chainlink Price Remains Steady & Stellar Indicates Downturn – BlockDAG Sets Sights on Major Exchanges as 2025 Approaches appeared first on TheCoinrise.com .

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