As volatility grips the crypto market, some assets are attempting to regain momentum while others remain under pressure. Bonk’s bearish setup has continued to weigh on sentiment, while some market commentary points to a possible Zcash move toward the $400 area if key resistance levels break. Meanwhile, BlockDAG has drawn attention around its Genesis timeline, miner ecosystem, and the introduction of what it calls a “TGE Code,” according to project materials.
The project says its token sale has raised over $430 million, with nearly 27 billion tokens sold to more than 312,000 holders. It also claims more than 3.5 million X1 app miners and 20,000 physical units shipped globally as its Genesis event approaches.
ZCash (ZEC) Price Forecast Eyes $400 Breakout
The ZCash (ZEC) price forecast is being discussed by some analysts who point to a potential cup-and-handle pattern forming near the $296 resistance zone. If price moves above this level and holds, it could open a path toward the $400 area, though this outcome is uncertain and depends on broader market conditions. ZEC is described as trading above the 50-hour and 200-hour exponential moving averages, which some traders interpret as short- and long-term momentum aligning.
RSI readings are described as neutral, leaving room for price movement either direction. Market observers also note accumulation around the $260–$270 range, while emphasizing that a close above $296 with higher volume would be needed to support the breakout thesis.
Some commentary also notes that if ZEC fails to hold above the 50-hour EMA, price could revisit lower support levels such as the $240 area. These scenarios remain speculative and should not be treated as predictions.
BONK Price Today Shows Continued Bearish Pressure
The BONK price today remains weak despite the project’s reported $27.3 million buybacks and its integration with Solana. With price near $0.0000143 at the time of the analysis cited, BONK is described as trading below several commonly watched moving averages (MA-20, MA-50, and MA-200), which some traders read as continued bearish momentum.
Technical indicators cited in market commentary include a negative MACD and an ADX level interpreted as a persistent downtrend. RSI and CCI are described as nearing oversold conditions, though analysts note that lower trading volume can limit the strength of any rebound. One analysis referenced a potential trading range around $0.00001055–$0.00001086, but such ranges can change quickly with market conditions.
Traders Union expert Anton Kharitonov has warned that unless BONK reclaims resistance around $0.0000166, sellers may remain in control in the near term. Despite an active community, sentiment in the cited commentary remains cautious given recent price action.
BlockDAG’s Genesis Day, TGE Code, & Miner Shipping Define Strength
Alongside the technical discussions around BONK and ZCash, BlockDAG has been promoted by its team around ecosystem milestones and product updates. The project says its ongoing token sale has surpassed $430 million raised and that nearly 27 billion BDAG tokens have been sold to about 312,000 holders. Project materials also reference a current sale “batch” price of $0.0015; any future listing price, if one occurs, would depend on market conditions and exchange decisions.
The project has also described a countdown to “Genesis Day,” framed as a mainnet launch milestone. It recently introduced what it calls a “TGE Code,” which it describes as affecting how certain token distributions are unlocked and ranked; details and eligibility conditions would need to be verified in the project’s own documentation.
BlockDAG also highlights its mining-related products. According to the project, more than 3.5 million X1 app miners are using a mobile app to obtain BDAG, with project-stated limits such as “up to 20 BDAG daily.” It also claims more than 20,000 physical miners have been sold globally.
The project describes its design as a hybrid Proof-of-Work and DAG consensus. It has also stated that audits were conducted by Halborn and CertiK; readers should review the audit scope and any associated reports directly to understand what was assessed and what was not.
The Bottom Line
Taken together, recent commentary highlights the range of narratives in the crypto market: BONK remains in a downtrend in some technical readings, while ZCash is being monitored for a potential breakout scenario that some analysts map toward the $400 area. Separately, BlockDAG is being discussed largely through project-reported fundraising figures, a planned Genesis milestone, and product claims related to mining participation.
Readers should treat project-reported figures and forward-looking expectations with caution and independently verify claims where possible, especially when they relate to token sales, distributions, or future network milestones.
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.
