Three prominent figures in the crypto sphere are making headlines this week, each charting their own distinct course. Cardano (ADA) is exhibiting promising signs of a bullish reversal, eyeing a potential surge towards $0.81. Its daily trend remains robust, buoyed by a sweep of downside liquidity.
Dogecoin (DOGE), following a recent 35% dip, is currently attempting a recovery. It's testing the $0.21 resistance level as momentum indicators shift towards positive territory. Despite some reservations stemming from derivatives data, this rebound is garnering significant attention.
Then there's BlockDAG (BDAG), which has already amassed $367 million. It's now in the final stretch of its GLOBAL LAUNCH release, presenting a unique opportunity to acquire tokens at a $0.0016 entry price before a substantial increase. Based on the projected $0.05 launch price, this could translate to a potential return of 3,025% for those who capitalize on this opportunity before August 11.
Cardano Price Outlook: Is the $0.81 Mark Within Reach?
Cardano is steadily building momentum for a potential bullish surge. On the daily chart, ADA maintains a strong bullish structure, even though its 4-hour chart displays slight weakness. This pattern could potentially act as a "trap," where short-term dips mask the underlying setup for a more significant rally.
The coin has already swept downside liquidity, effectively shaking out weaker holders and clearing stop-loss orders. This paves the way for the price to target areas of higher liquidity, particularly around the $0.81 mark, where two equal highs could attract substantial momentum. 
Analysts suggest that such setups often lead to swift, decisive movements. The catalyst for this potential rally would be a confirmed upward break on the 4-hour chart. Should this occur, ADA could emerge as one of the most compelling assets to monitor for a strong Q3 surge.
Dogecoin Price Update: Climbing Back After Heavy Losses
Dogecoin has experienced a 35% decline over the past two weeks but is now showing signs of recovery. On Monday, DOGE gained 5%, approaching the $0.21 resistance, supported by the 50-day EMA and 200-day SMA. A successful breach of this level could bolster sentiment, a key driver of Dogecoin's momentum.
However, some cautionary signals persist. Open interest has decreased from 19.69B to 15.36B DOGE, funding rates remain weak, and large holders have reportedly sold over 740 million DOGE since mid-July, potentially hindering the recovery process. 
On a more optimistic note, the Stochastic Oscillator has rebounded from oversold levels, and the RSI is trending towards neutral territory. A decisive break above $0.21 could unlock the potential for reaching $0.26 or $0.28, signaling a short-term reversal despite the prevailing market challenges.
BlockDAG’s $0.0016 Offer Closing Soon With 3,025% Potential
While ADA and DOGE are rebounding from key price points, BlockDAG is rapidly approaching the conclusion of its GLOBAL LAUNCH release. With just a few days remaining, the special price remains at $0.0016. Based on launch pricing, there is potential for a 3,025% return. After August 11, the price reverts to the normal rate.
BlockDAG has already raised $367 million and sold 25 billion coins. The ecosystem is actively developing, with the X1 app facilitating BDAG mining through Proof-of-Engagement, and Dashboard V4 offering real-time charts and simulated trading. 
It’s also connecting with real-world sports through partnerships. A 10 BTC giveaway is underway. BlockDAG is also slated for listings on various exchanges.
Final Word
As crypto enters a key phase, Cardano’s bullish potential, Dogecoin’s rebound, and BlockDAG’s short-term pricing window all present unique opportunities. 
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