Price movements often speak quietly before the biggest shifts happen in crypto. Chainlink (LINK) is forming a broadening wedge, suggesting a potential breakout, while Ethereum (ETH) faces resistance near $2,700 as large holders adjust their portfolios. These signals are the ones traders are watching closely. But what’s grabbing attention right now is BlockDAG, which is taking a unique approach with its real-time Blockchain Explorer on the testnet. By providing full transparency and on-chain visibility, BlockDAG is prioritising practical utility and infrastructure. This focus is why it’s quickly becoming a standout platform that’s worth keeping an eye on.
Real-Time Insights: Why BlockDAG’s Blockchain Explorer Is a Game Changer!
BlockDAG has taken a major step forward with the launch of its Blockchain Explorer, designed to make exploring the network’s activity more accessible and engaging for both users and developers. This new tool allows anyone to track real-time blocks, transactions, and wallet activity with ease. It’s built to be intuitive, offering quick and detailed insights into everything from smart contract deployments to individual wallet movements. No need for third-party trackers anymore! For developers, the Blockchain Explorer is a perfect match for BlockDAG’s EVM compatibility. It makes tracking Solidity-based smart contracts more straightforward, allowing for precise interaction monitoring. Retail users, on the other hand, benefit from having direct access to critical data like block confirmations, token transfers, and wallet balances, all in one convenient interface.
But that’s not all. BlockDAG’s presale is also gaining serious momentum. With more than $273 million raised and 21.4 billion coins sold, interest is at an all-time high. The coin is priced at $0.0262, but there’s a limited-time offer knocking that down to just $0.0020 until June 13. Early buyers get a massive 2,520% ROI since batch 1. It’s clear. BlockDAG is emerging as one of the most promising cryptos to get involved with today!
Chainlink’s Wedge Formation Suggests Potential Rally
Chainlink (LINK) is currently forming a descending broadening wedge, a pattern that often signals a potential surge ahead. This setup points to a rally of 40–60%, aiming for the $25–$26 range. LINK is priced at $15.39, with key indicators like narrowing Bollinger Bands and a rising Stochastic RSI suggesting growing buying pressure, hinting at a breakout on the horizon.
The Relative Strength Index (RSI) is still below overbought territory, giving room for more upward movement before hitting resistance levels. On top of that, on-chain data shows a steady uptick in network activity, supporting the bullish outlook. Putting it all together, if LINK manages to break through its current resistance, we could see it push up toward that $25–$26 range, making this a chart to watch closely.
ETH Price Drops as Large Holders Exit at $2,700
Ethereum (ETH) recently faced strong resistance around the $2,700 level, which triggered a 3.05% drop to $2,476. This decline was matched by significant selling from large holders, who unloaded over 188,000 ETH in just one day. This activity suggests that market sentiment could be shifting as investors reevaluate their positions at this crucial price point.
Right now, traders are closely watching Ethereum’s support level. If this support holds, there could be a chance for a bounce back. However, if it fails, we might see further price drops. To better gauge what’s ahead, it’s important for market participants to keep an eye on trading volumes and on-chain data, as these will offer insights into whether the support is strong enough to stabilise the price or if more downside is likely.
Final Thoughts
While Chainlink’s breakout and Ethereum’s price support suggest some short-term potential, they also highlight the uncertainty that still looms over the market. On the other hand, BlockDAG is making waves by focusing on long-term growth through real-world usability. Its Blockchain Explorer is a game-changer, giving both developers and retail users an easy way to track and verify on-chain activity in real-time. Rather than getting caught up in price fluctuations, BlockDAG is building a solid foundation with practical tools that drive long-term adoption. As the focus shifts to functional ecosystems, projects like BlockDAG, focused on transparency and usability, are emerging as future leaders.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
| Disclaimer: The text above is an advertorial article that is not part of CoinLineup editorial content. |
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