Litecoin's price is rising again, though it's navigating hurdles from potential profit takers. Simultaneously, Uniswap trading experienced a
Litecoin (LTC) price is slowly recovering from last week’s drop, now trading at a crucial level that could determine its next move. Meanwhile, Uniswap (UNI) price shows signs of life after last week's 4.6% decrease. Finally, BlockDAG (BDAG) community members will be thrilled to learn that the project’s presale has now crossed the $62.5 million mark.
LTC Price Faces Selling Pressure, Where to Next?
Over the past two weeks, Litecoin has observed a modest 20% price increase, currently trading at $74. However, the Market Value to Realized Value (MVRV) ratio suggests potential selling pressures as it hits a critical threshold.
A 30-day MVRV of 20% has historically hinted at the possibility of a market correction. Notably, a majority of the selling pressure seems to be concentrated within a $71 to $79 price range, where a large cluster of realized losses are observed.
As Litecoin price approaches this crucial zone, encountering minimal resistance, it could face difficulties in sustaining further upward momentum. At the time of analysis, LTC price movements are largely influenced by the actions of short-term holders, who realized a 68% adoption rate.
This influx of new investors, who tend to be less affected by short-term price fluctuations, may help stabilize LTC’s price within the $71 to $79 bracket.
Uniswap (UNI) Price Shows Signs of Life in Volatile Market
Uniswap price shows an 1.8% uptick against the dollar in the last 24 hours, ending at 7:00 AM Eastern on July 20th, following a 4.6% decrease over the previous week.
With a market cap of $4.74 billion and $146.20 million traded on exchanges in a day, Uniswap tokens are valued at about $7.91 each. Commencing in September 2020, Uniswap is a proof-of-stake token operating on the Ethereum platform. Latest in Uniswap trading updates.
BlockDAG’s Presale Surges Past $62.5 Million, What’s Next?
BlockDAG’s presale has reached an impressive $62.5 million, marking it the most considerable presale in the past five years. A total of over 12.3 billion BDAG coins have been sold, each priced at $0.0164, highlighting the project’s widespread appeal and strong investor confidence.
The BDAG presale now targets a $600 million goal, reflecting robust market interest and optimism for its future. Recently, BlockDAG has been making waves in the crypto space.
After kicking off 2023 with a successful BlockDAG Genesis NFT launch, which sold out in under two minutes, the project has unveiled several impactful initiatives and collaborations.
Among the latest is a strategic partnership with Chain Reaction, a leading Web3 events and marketing agency, to amplify BlockDAG’s presence at key crypto events throughout the year.
Moreover, BlockDAG's cutting-edge technology and roadmap provide scalable solutions for quicker, more secure transactions. Following its well-planned roadmap, BlockDAG investors eye a potential 30,000x ROI upon its launch.
As the presale continues briskly, early investors are poised to benefit the most, securing BlockDAG's position as one of the prime cryptos to monitor.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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