HYPE Down 17%, UNI in Decline & BDAG Unveils Faster Beta Testnet!
Hyperliquid (HYPE) technical analysis, Uniswap (UNI) price, best crypto for higher returns
BlockDAG’s Beta Testnet Launch Strengthens $1 Outlook, While HYPE Drops 17% & UNI Shows Bearish Trends
The market’s prominent cryptos are facing a tough week. Hyperliquid (HYPE) has fallen by 17% over the past week, with Hyperliquid technical analysis indicating potential for further drops. Likewise, the Uniswap (UNI) price declined by 8.27% in just one day, reflecting sustained bearish trends.
However, there’s a brighter side for those searching for the best cryptos for higher returns. BlockDAG (BDAG), with over $214 million raised, is gaining traction for its strong price potential and ROI. Its Beta Testnet has debuted with doubled speed and several new user-friendly tools. With upcoming listings on 10 CEXs, analysts forecast a potential price of $1 by 2025, equating to a remarkable 3932% ROI.
Insights into Hyperliquid (HYPE) Technical Analysis
Over the past week, Hyperliquid (HYPE) has seen a significant 17% drop, leading to panic selling and increased volatility. Hyperliquid’s technical analysis reveals a descending triangle pattern, suggesting robust selling pressure and the likelihood of additional declines.
The critical support level is at $11.29, which buyers are striving to maintain. Should this level fail, a further decrease is possible. Resistance stands at $16, where significant sellers are active. Although the RSI hints at a possible rebound, Hyperliquid’s technical analysis indicates that the downtrend may persist.
Overview of Uniswap (UNI) Price Trends
This past week, the Uniswap (UNI) price experienced a substantial 13.07% decrease, settling at $5.696 amidst a generally unstable market environment. On the daily chart, the UNI price trend continues downward, highlighted by red candlesticks.
The Bollinger Bands are showing increased volatility, with resistance at $7.271 and support at $5.576. The Relative Strength Index (RSI) remains below the neutral threshold at 35.28, indicating continued bearish momentum. The overall outlook for Uniswap’s price is negative as it persists in its downward trajectory.
BlockDAG Beta Testnet V1: A Leap Forward Toward a $1 Milestone?
BlockDAG’s recent Keynote 3 unveiled significant upgrades with the introduction of its Beta Testnet V1. The testnet now operates at double the speed of its Alpha predecessor, laying a strong groundwork for enhanced future performance.
Significant improvements include an updated blockchain explorer, enhancing user navigation across the network, and the introduction of a no-code Token & NFT wizard. This tool empowers users to craft and oversee tokens and NFTs without any programming knowledge.
The project has taken user feedback seriously, integrating it into the availability of several decentralized applications (dApps) for testing. This step ensures the network aligns well with real-world demands and scenarios.
Moreover, the strategic distribution of testnet BDAG coins has broadened participation, priming many users for the imminent official release across more than 10 major exchanges.
With the presale amassing an impressive $214 million and the sale of over 19.2 billion coins, confidence in the project remains robust. The fully equipped Beta Testnet V1 demonstrates the project’s preparedness for forthcoming phases.
Analysts are optimistic about BDAG’s potential, predicting a surge from its current $0.0248 price in batch 27 to $1 by 2025, translating to a possible 3932% ROI. Early adopters have already benefited from a 2380% gain through the initial presale phases, positioning BDAG as one of the best cryptos for higher returns in 2025.
The Crypto Rush: High-Potential Picks Gain Attention!
Hyperliquid’s technical analysis indicates ongoing downside risks, with key support at $11.29 and resistance at $16. The Uniswap (UNI) price also displays a pessimistic trend, as indicated by a bearish RSI and heightened volatility.
For those aiming for substantial gains in 2025, BlockDAG stands out as a promising candidate, anticipated to deliver a potential 3932% ROI this year. The enhancements in the network’s beta testnet underscore its dedication to advancement and goal achievement.
As the project approaches its exchange listings and mainnet launch, this testnet phase presents a crucial opportunity to purchase BDAG at a competitive rate. With batch 27 nearing a sell-out, now is a critical time for those seeking the best returns this year to make their move.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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