$371M Presale and Dashboard V4 Launch Put BlockDAG Beside Dogecoin and Mantle in Market Spotlight

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This Week in Crypto: Dogecoin, Mantle, and BlockDAG

This week's crypto headlines are marked by key technical levels for a leading meme coin, growth in a DeFi-driven Layer 2, and a notable presale. Dogecoin's (DOGE) price activity suggests a consolidation phase that could dictate its next move, while Mantle's growth is underpinned by liquidity inflows and on-chain expansion.

Concurrently, BlockDAG (BDAG) is garnering attention. Having raised over $371 million in its presale, the project has launched Dashboard V4, an interactive platform that allows users to monitor their holdings.

This combination of funding, product development, and potential market movement positions these projects as ones to watch.

Dogecoin Price Forecast: The $0.203 – $0.213 Range in Focus

Dogecoin is currently trading near $0.206, hovering above the $0.203 support level. Price movement is contained between the $0.213 resistance and the $0.195 support, with EMAs exerting downward pressure.

A decisive move above $0.213 with strong volume could lead to a test of $0.226. However, repeated rejections at VWAP suggest buyer hesitation. Tightening Bollinger Bands on the 4-hour chart indicate potential volatility ahead.

On-Balance Volume remains steady at $64.5B, suggesting continued activity from long-term holders. The $0.203 – $0.213 range remains a key battleground for DOGE's short-term trend.

Mantle Price Prediction: Liquidity and Backing Drive Outlook

Mantle is stable near $0.93, following gains of 25% over the past week and 65% over the month. This growth is supported by an increase in stablecoin market cap on its network to $650M and a rise in derivatives open interest.

Institutional interest is apparent, with Mantle adding over 101,000 ETH to its Ethereum Strategic Reserve. While active addresses remain below previous highs, the trend is positive.

The Mantle price prediction suggests a potential move towards $1.20–$1.23 if momentum continues. Resistance around $1.23 could pose a challenge. Technically, the asset has moved above the daily 200MA/EMA, consolidating within a broader $0.50–$1.50 range. The $0.85 level serves as a critical support.

BlockDAG: $371M Presale and Dashboard V4

BlockDAG's presale has exceeded $371 million. The launch of Dashboard V4 is a step toward transparency and user engagement, providing real-time charts, simulated order books, and transaction monitoring.

BlockDAG's hybrid blockchain-DAG model aims to support scalability, while EVM compatibility is intended to facilitate smart contract deployment.

This combination of funding and infrastructure positions BlockDAG as a project to watch.

Looking Ahead

In the current market, clear signals are crucial. Dogecoin's forecast hinges on breaking above resistance. Mantle's potential is linked to stablecoin adoption, derivatives interest, and institutional support.

BlockDAG, with its presale and Dashboard V4, presents a different dynamic. For those monitoring crypto projects, its scale and engagement warrant attention.