As the crypto market shifts again, three well-known names are drawing attention: Dogecoin, Chainlink, and BlockDAG (BDAG). Each reflects a different mix of market stability and risk. While Chainlink (LINK) is showing bearish technical signals, Dogecoin (DOGE) has been consolidating around recent levels. BlockDAG’s current fundraising phase, described by the project as its “Value Era,” has reportedly surpassed $436 million raised in Batch 33 at $0.0078, with the token sale stated to run until 10 Feb. Any post-sale pricing or listing outcomes, however, are uncertain.
This blend of pressure and progress highlights how different crypto assets and early-stage projects can behave under the same broader market conditions, where delivery claims and technical signals often compete with investor caution.
Chainlink Struggles as Technical Pressure Builds
Chainlink’s recent charts suggest a challenging period could continue. The bearish signals discussed by some analysts include a bearish pennant and a “death cross.” LINK has fallen more than 38% from its September peak of $27 to around $17, which may indicate continued weakness. Some market observers have pointed to $14.20 and $10 as potential levels to watch if support breaks, though such scenarios remain uncertain.
The death cross, caused by the 50-day and 200-day moving averages crossing on October 28, is another indicator frequently cited in bearish readings. Network data also shows a pullback in fees, from $431,000 in September to $383,000 in October, which can suggest reduced activity. Even with reported connections to firms such as JPMorgan, Swift, and Coinbase, the market response has remained cautious.
Dogecoin Holds Its Line as the Market Shifts
While Chainlink navigates selling pressure, Dogecoin (DOGE) has been trading near the $0.186 level. DOGE is below key moving averages (MA 20 at $0.195, MA 50 at $0.228, and MA 200 at $0.209), which can be read as ongoing downward pressure. Some indicators point to a more balanced setup: the MACD and ADX suggest sellers remain in control, while the RSI near 40 can indicate mild oversold conditions.
Near-term price action may depend on whether support around $0.1827 holds, with $0.195 sometimes cited as a nearby level if sentiment improves. As with other assets, these levels are not guarantees and depend on broader market conditions.
BlockDAG’s “Value Era” Moves Through Its Token Sale Phase
BlockDAG is continuing its fundraising and development cycle. According to the project, it is in Batch 33 with a token price of $0.0078 and has surpassed $436 million raised. The project has also stated that this token sale phase is scheduled to run until 10 Feb. Any expectations about a future listing price or “opening range” should be treated as speculative and may not reflect real market outcomes.
The project says its “Value Era” includes regular updates and a defined vesting approach. It also states that referral and bonus incentives have ended. These details are based on project communications and have not been independently verified in this article.
On the technical side, BlockDAG describes its design as a hybrid Proof of Work and DAG architecture aimed at processing transactions in parallel. The project says its “Awakening Testnet” reaches 1,400 TPS and supports EVM compatibility, allowing developers to test dApps, NFTs, and smart contracts. It also highlights features such as account abstraction, analytics, and runtime upgrades.
Project materials also reference mining participation, audits, and developer tooling. As with any early-stage network, readers should treat these as project-reported claims unless confirmed by independent sources.
Final Takeaway
Recent market moves highlight three different situations: Chainlink’s technical indicators reflect ongoing downside risk, Dogecoin’s consolidation shows a slower and more range-bound phase, and BlockDAG is positioned as an early-stage project emphasizing fundraising updates and development milestones.
For people tracking newer crypto projects heading into 2025, the common theme is uncertainty: technical setups can change quickly, and early-stage projects can carry additional risks related to delivery, liquidity, and market adoption.
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.
