Avalanche (AVAX) has risen over the past week after moving above $27, a level some traders are watching as potential support while the market assesses whether price can extend toward the low-$30s. Mantle (MNT) has also moved higher, with spot price reaching a recent record high of $1.68 and futures open interest reported above $211 million. The move in both assets has drawn short-term trading interest. Separately, BlockDAG has been promoted by its team and community with a focus on fundraising and reported large purchases.
BlockDAG has been marketed as an early-stage project, with the team stating it has raised nearly $410 million, sold 26.3 billion tokens, and distributed nearly 20,000 mining devices across more than 130 countries ahead of an “Awakening Testnet.” The project also advertises a token-sale price of $0.0013 (terms, timing, and availability are set by the project and may change).
Avalanche Price Breakout Targets $32 as Bulls Build Momentum
Avalanche (AVAX) has strengthened after an 18.9% weekly rise, with traders citing a breakout from an ascending triangle pattern. The token has traded near $29, with $27 discussed as an area of interest after shifting from resistance to potential support. If price falls back below this zone, some technical traders would look toward lower levels such as $24.50 or $21.00, though outcomes remain uncertain.
If AVAX holds above the levels traders are monitoring, the next area discussed is around $31.50–$32.00, which has acted as a pivot in prior market cycles. A move above that range could open paths toward higher resistance zones (such as $38–$41), but technical indicators like RSI and MACD do not guarantee future performance and can change quickly.
Mantle Rockets to $1.68: Can the Rally Break Toward $2?
Mantle (MNT) reached a new all-time high of $1.68 before easing to around $1.61, following a sharp weekly move. Futures open interest was reported at about $211.8 million, higher than the prior month’s level. Rising price alongside increasing open interest can reflect growing derivatives activity, though it does not confirm direction and can also increase liquidation risk.
Some technical traders point to a break above a double-bottom neckline near $1.39, an area that may act as support if tested again. If that level holds, projections sometimes cited in technical analysis include higher targets (for example near $2.28), but such targets are speculative and can be invalidated by broader market moves.
$4.4M Whales Buy Signals BlockDAG Is a Top-50 Crypto in the Making
BlockDAG’s marketing has highlighted what it describes as large single purchases of $4.4 million and $3.6 million. Without independently verifiable transaction details, these claims should be treated as project-reported and not as evidence of future market outcomes.
The project also states that it has raised nearly $410 million, sold 26.3 billion tokens, and onboarded 312,000 holders, with its “Awakening Testnet” scheduled for September 25. The team has promoted a $0.0013 token-sale price; terms and availability are set by the project and may change.
BlockDAG has also pointed to the distribution of mining hardware, including a claim that 3 million “X1 mobile miners” are live and that roughly 20,000 mining units have been sold across more than 130 countries. As with other early-stage crypto projects, readers should consider that product adoption, network usage, and token-market performance can diverge, and none of these figures implies a particular future valuation.
Final Words
Avalanche (AVAX) has posted a strong weekly move after trading above $27, while Mantle (MNT) has set a recent record high near $1.68 alongside higher futures open interest. These moves may interest traders, but they also carry volatility and downside risk.
BlockDAG, meanwhile, has been promoted using project-reported token-sale figures and references to large purchases. Those statements are not independently verified in this article and should be read as claims made by the project and its promoters rather than as forecasts.
Project website (for reference): https://blockdag.network
Telegram (for reference): https://t.me/blockDAGnetworkOfficial
This article contains information about a cryptocurrency token sale. This outlet is not affiliated with the project mentioned. This article is for informational purposes only and does not constitute financial or investment advice.
