As the fourth quarter of 2024 begins, traders are wondering which cryptocurrencies will dominate the market in the coming months. Litecoin has shown some promise for near-term growth, with recent moves suggesting a potential rally towards $92.
Chainlink’s price has fallen 5% in the last week due to reduced whale activity. Meanwhile, BlockDAG received $10 million in inflows in just 72 hours during its presale, suggesting that the whales’ focus has shifted to BDAG. Advance sales reached $92 million, with 23 lots sold out. The project is currently in its 24th batch and continues to grow rapidly in the cryptocurrency world.
Chainlink price could fall to $7
Chainlink (LINK) price has fallen, dropping by 5.81% over the past week. It is trading below a major support level, suggesting a strong bearish trend. Technical indicators indicate continued pressure.
Furthermore, whale activity has also decreased, suggesting a lack of interest from high-stakes players. LINK could stabilize around $10.00 in the short term, but if this trend continues it could drop to $8.00, or even $7.00 in more challenging market conditions.
Litecoin Prediction: LTC Sees Bullish Signs
Litecoin’s recent activity suggests near-term growth potential, supporting positive predictions for Litecoin. After consolidating around $63 since August, it broke out of a symmetrical triangle and reached $71 before facing resistance. LTC is currently testing rising support, with Litecoin forecasts suggesting a preliminary target of $92 and a possible $100 if the rally strengthens.
This move could represent wave 3 of a new uptrend, but the recent rejection suggests we may still be in wave 2 of correction. A break above $71 would indicate bullish momentum, but otherwise it could lead to a decline below early August levels.
Moving Whales Raises Over $92 Million in BlockDAG Presale
BlockDAG recently set a new big record by raising $10 million in 72 hours during a pre-sale, bringing the total to $92 million. With the 24th batch currently underway, we are seeing even more activity from our major holders, demonstrating confidence in BlockDAG’s strong foundations, ambitious goals, and advanced technology. This high level of interest reflects the project’s enduring value and long-term growth potential.
The rapid pace of pre-sales also indicates a sharp increase in the value of the coin, promising huge profits to future holders. The benefits are already starting to trickle down to those who got in early, with early holders earning a 1960% return on their initial holdings. As BlockDAG gains traction, many experts predict that the coin could reach $20 by 2027.
For enthusiasts looking for projects with robust long-term potential and big returns, BlockDAG is an unbeatable choice. Major investors have already shown that they trust BlockDAG to keep its promises, given its significant contributions. The coin is currently priced at $0.0206 and is expected to rise in value as traders rush to buy from the remaining 21 batches.
Will virtual currency become mainstream in 2024?
Chainlink is at a critical stage as it aims for $10. If the price continues to decline, it could drop to $7. On the other hand, Litecoin could grow quickly if it breaks through the $71 resistance level.
For BlockDAG, on the other hand, the sky is the limit. With one of the largest pre-sales in crypto history at over $92 million and strong future forecasts, it is positioned to dominate the market in the coming months. Whales have already jumped on the 24th pre-sale batch, and current prices won’t last long as demand continues to grow.
Join BlockDAG today:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
