What’s happening with Ethereum and Avalanche lately? Ethereum (ETH) recently dropped from $2,400 to nearly $2,244, while Avalanche (AVAX) struggled to maintain support at $17 after a breakout attempt fell short. Both cryptocurrencies are under pressure, yet they continue to dominate headlines. Meanwhile, a new player is attracting significant attention.
BlockDAG has just raised its presale price from $0.0020 to $0.0030, with another increase set for the coming days. But here’s the important part: this isn’t just about small price movements. BlockDAG has raised $321 million and will start shipping real mining hardware next month.
Alongside this, the project is teasing a major sports sponsorship announcement on June 30. This combination of solid utility and rising attention is rare in the crypto world. If BlockDAG hits its target listing price of $0.05, early buyers could see up to a 15x return. BlockDAG might be the next crypto to explode.
Ethereum (ETH) Price Update: Is New Drop Incoming?
Ethereum (ETH) recently saw a drop from $2,400 to around $2,244, with a flash crash on June 21 that caused a sharp 7.6% dip in just an hour. While the price has stabilized near $2,290, ETH is still facing resistance at $2,380–$2,450. The technicals remain weak, with the RSI hovering between 30–40, suggesting limited upward momentum. Ethereum bulls need to reclaim $2,310+ to avoid further downside.
However, not all is bearish. Support at $2,250–$2,290 is holding firm, and a rebound could happen if buyers step in with volume. If Ethereum can break above $2,450 again, targets near $2,600–$2,650 become possible. Without that break, a further decline to $2,026 is still within reach.
Avalanche (AVAX) Price Action: Holding the Line at $17?
Avalanche (AVAX) has been struggling to maintain support at $17 after a recent breakdown from $20. The price fell nearly 6%, with daily lows hitting $15.72, putting the token in oversold territory according to the RSI, which is at 32.
Although there are no strong signs of a reversal yet, AVAX could see a bounce if it holds between $16.30 and $17.20. If the price breaks above $18.50 and reclaims the $20 zone, targets like $22.70 could open up.
The next few days are critical for Avalanche, as it tests key support levels and looks for a breakout. With a recent 33% drop over the past month, traders are cautious but monitoring closely.
BlockDAG’s $321M Surge: $0.0030 Brings 15x Opportunity
BlockDAG’s recent price shift from $0.0020 to $0.0030 might seem modest, but it marks a critical turning point in a larger presale run. The presale has already raised $321.5 million, with 23.2 billion BDAG coins sold so far. The presale is now in Batch 29 out of 45, and the target is set at $600 million.
Once the price hits $0.0080, which is just around the corner, the listing price will follow, aiming for $0.05. For those buying at $0.0030 now, this could result in up to 15x returns before retail even catches on. What sets BlockDAG apart is its execution.
The X1 mobile mining app has over 2 million active users, which shows strong community engagement. On top of that, physical mining rigs like the X30 and X100 are set to ship in July and August. These are real developments, not just promises.
The project has already undergone security audits by Halborn and CertiK, and exchange listings are secured for MEXC, LBANK, and BitMart. If you’re seeking the best altcoins to buy now, BlockDAG is a prime contender with its strong infrastructure and future growth potential.
Summing Up
Ethereum is holding above $2,200, with resistance at $2,450 and little bullish momentum for now. Avalanche is stuck between $16 and $18.50, and while a bounce is possible, it’s still uncertain. Both assets face short-term risks but remain on the radar for future gains.
Meanwhile, BlockDAG is not waiting for anything. With a presale price of $0.0030 and a listing target of $0.05, the potential for 15x returns is clear. The presale has raised $321 million, and with mining rigs shipping in July and a sports sponsorship reveal set for June 30, BlockDAG is combining real utility with rising attention.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Press releases or guest posts published by Crypto Economy have been submitted by companies or their representatives. Crypto Economy is not part of any of these agencies, projects or platforms. At Crypto Economy we do not give investment advice, if you are going to invest in any of the promoted projects you should do your own research.
