The focus is on Polkadot (DOT), Hyperliquid (HYPE), and Block Dag (Bdag) As enthusiasts search for the best cryptocurrencies over the long term for potential growth. Current trends in these cryptocurrencies can provide important insights!
Polkadot’s January price forecast predicts potential prices to range from $6.24 to $8.50. The coin is now testing a support level at $6.50, with a bounce likely if it crosses the resistance at $6.80. Meanwhile, the bullish momentum for Excessive Liquid is strong, with additional increases expected if it crosses the resistance at $24.41.
BlockDAG is carving out a niche in the Web3 space through its collaboration with HackerEarth. This partnership aims to promote more than 200 Web3 projects, attracting thousands of developers worldwide. Furthermore, the ongoing prequel earned $184 million, driven by huge enthusiasm.
Polkadot Trends: Price Expectation Marks $9.25
Polkadot recently saw a 5% decline, holding immediate support at $6.50, with stronger support at $6.40. If DOT breaks the resistance at $6.80 or $7.00, a rebound could follow.
Indicators such as the Awesome Oscillator and MACD are showing lower downward trends, indicating a potential turn in the market. The Polkadot price forecast for January 2025 expects the price to range between $6.24 and $8.50, while the forecast for 2025 expects prices to range between $7.20 and $9.25.
HYPE Bullish Forecast: Will the price reach $35?
After breaking out of a falling wedge pattern, Hyperliquid has attracted significant attention. It rose beyond US$24.41 on January 14, and later retreated to around US$19.50 to validate the breakout.
Currently at around $22.70, HYPE is facing critical resistance at $24.41. Beating this could lead to further rises to $26, $29, and $35. Technical analysis indicates strong bullish momentum for excessive liquidity, with the MACD and RSI indicating a potential uptrend. If HYPE manages to break through this resistance, it could drive further upward momentum for the super liquid, boosting its value further.
BlockDAG Partnership: Global visibility across 7.6 million developers
BlockDAG is making a significant presence in the Web3 arena through its collaboration with HackerEarth. This partnership is focused on attracting elite development teams and stimulating cutting-edge innovation. Together, BlockDAG and HackerEarth will conduct four hackathons around the world, providing a platform for developers to delve into and craft new solutions within the BlockDAG environment.
Between 10,000 and 15,000 developers are scheduled to participate in these hackathons, with the aim of enhancing community engagement as participants engage with decentralized projects across DeFi, governance, and various sectors. The goal is to facilitate the creation of over 200 superior dApps on the BlockDAG network, driving its growth.
With a network of 7.6 million skilled developers, HackerEarth is poised to ensure these hackathon events connect BlockDAG with thousands of developers, strengthening the collaborative community. These clusters are designed to provide a nurturing environment for developers, which is expected to lead to significant decentralized applications and blockchain innovations.
As BlockDAG expands its international footprint, the presale is quickly approaching the $600 million mark, with $184 million already secured. This strong participation from enthusiastic supporters confirms confidence in the future of the project.
Currently available at $0.0248 per unit in the 27th batch, projections indicate that BDAG could reach $1 by 2025, representing a potential 30,000x return on investment in the long term. Early participants saw a rise of 2,380%, highlighting the project’s profitable potential. With strategic collaboration and strong performance, BlockDAG is quickly establishing itself as one of the best long-term cryptocurrency endeavors, and is poised for continued wins as it prepares to debut on the mainnet. Its commitment to collaboration with developers and planned expansion into decentralized application development heralds a promising future in the blockchain space.
Which Long-Term Cryptocurrency Should You Buy Now?
Polkadot price forecast indicates potential declines, but a rally after critical resistance could trigger a rebound, with January prices expected to range between $6.24 and $8.50. At the same time, Hyperliquid is showing strong bullish momentum in Hyperliquid, which could be extended with a breakout at the $24.41 resistance level.
However, BlockDAG’s strategic alliances and optimistic outlook strengthen its position as a… Best cryptocurrencies for the long term Currently on the scene. The emergence of more than 200 Web3 projects will enhance the network’s capabilities and talent in providing leading blockchain solutions. Analysts expect BDAG to reach $1 by 2025, with a potential 30,000x ROI on the horizon. Priced at $0.0248 in the latest batch, BlockDAG is on track for unprecedented growth in the Web3 scene.
Disclaimer: TheNewsCrypto does not endorse any content on this page. The content described in this press release does not constitute any investment advice. TheNewsCrypto recommends that our readers make decisions based on their own research. TheNewsCrypto is not responsible for any damage or loss related to the content, products or services mentioned in this press release.
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