Ethereum (ETH) is currently trading above $2,800, with a strong price outlook supported by steady volume and positive signals on the RSI and MACD. The cryptocurrency is facing resistance at $2,850 and $2,900, but if it breaks through these levels, it could move towards $3,120, with short-term goals between $3,100 and $3,300. However, a fallback is possible, with key support zones at $2,720 and $2,700, and a deeper slide might test $2,420 or even $2,350. Traders are closely watching the $2,900 level as a potential confirmation of a continued rise.
Meanwhile, BONK has seen a significant price rally, with a 66% increase in the past week, taking the price to nearly $0.00002327. The rally is driven by increased activity in BONK’s ecosystem, particularly its launchpad, LetsBonk.fun, which passed Pump.fun in daily revenue, pulling in $1.04 million. BONK also saw $1.13 billion in trading volume on July 6, with strong signals from the RSI and MACD backing the rally. Traders are also speculating about a possible 2x leveraged ETF, which could launch by July 15, and a planned 1 trillion BONK burn when holders hit 1 million, currently around 947,000. The price is holding above $0.0000225 support, and if volume stays high, the BONK price rally could continue.
BlockDAG’s BEAT VESTING PASS is another significant event in the cryptocurrency market. This pass allows users to unlock 80% of their BDAG coins on launch day, offering immediate liquidity when the market opens. This feature ends on July 15, after which the unlock returns to 40% at launch, with the rest released over time. The current price of BDAG is $0.0016, with over $338 million raised. It is now in Batch 29 out of 45, aiming for a $600 million cap. The planned listing price is $0.05, which represents up to 3,025% in returns from current levels. Listings have already been confirmed with several exchanges, placing BlockDAG among the fastest growing crypto launches this year. For those still waiting, this is the final call, as the BEAT VESTING PASS closes in 2 days. With full launch access, early pricing, and confirmed listings, the timing may not repeat.
In summary, the cryptocurrency market is seeing significant activity with Ethereum nearing $3,000, BONK experiencing a surge in volume and price, and BlockDAG offering an 80% unlock feature ending soon. These events highlight the dynamic nature of the market and the potential for significant gains for early investors. However, it is important to note that the market is also subject to volatility and risk, and investors should conduct thorough research before making any investment decisions.
