NEAR Protocol has recently turned bearish, with its trading volume dropping by 30%, causing concern among investors about a potential pullback. Meanwhile, Chainlink (LINK) has surged after the $12.96 resistance, sparking optimism for potential price targets.
Amidst these market fluctuations, BlockDAG is gearing up to launch the X1 Miner app, a revolutionary crypto-mining app that could democratise the mining industry. BlockDAG enables mining up to 20 BDAG coins daily on mobile devices, distinct from NEAR and LINK. With BDAG potentially hitting $10 by 2025, it presents a more accessible and lucrative investment opportunity, promising to democratise the crypto-mining sector.
NEAR Protocol Trading Volume: Bearish Signals Dominate
NEAR Protocol (NEAR) has recently experienced a bearish reversal, breaking below the 50-day moving average and shifting to a bearish trend after a previously bullish week. The trading volume has decreased by over 30% in the past twenty-four hours, reflecting strong selling pressure. The RSI has dropped towards the oversold territory, highlighting the dominance of bearish signals.
The 200-day moving average above the current price acts as resistance, limiting gains. MACD shifts show increased selling pressure, suggesting a bearish trend with declining trading volume and open interest, indicating traders are exiting positions.
Chainlink (LINK) Price: Surpassing Critical Support
Chainlink (LINK) has shown signs of recovery after the decline, surpassing the critical support level of $12.96. Investor optimism rises as LINK trades at $14.28, up 2.6% in 24 hours, suggesting a possible sustained uptrend. Analysts note that staying below $14.85 is key to confirming a triangle pattern for continued consolidation.
Breaking resistance at $15.35 and $15.83 could spur further gains for LINK. Despite whale transactions raising concerns, analysts remain optimistic, foreseeing a sustained bullish trend if LINK exits its consolidation pattern.
20 BDAG Coins Daily: BlockDAG App Turns Phone into a Gold Mine
BlockDAG is set to transform the crypto-mining sector with the launch of its X1 Miner app, which allows users to mine BDAG coins directly from their mobile devices. This upcoming app will be easily downloadable with its compact 50 MB size, promising a seamless user experience. It incorporates an advanced Proof-of-Work (PoW) algorithm designed for efficiency, minimising battery drain and data consumption. This approach ensures accessibility for a wide range of users. Users can increase their mining output and earn up to 20 BDAG coins daily by tapping the lightning button within the app once every 24 hours.
The launch of the X1 Miner app is expected to democratise the mining industry, as it eliminates the need for specialised hardware or extensive energy consumption. With BlockDAG projecting the coin’s value to reach $10 by 2025, investors could see significant daily returns of $200 from their mining. This potential for substantial earnings has generated considerable excitement among crypto enthusiasts, creating a palpable sense of FOMO as the launch date approaches. The app’s user-friendly design and accessibility are set to attract a wide range of users, contributing to the mass adoption of cryptocurrency mining.
The anticipation surrounding the X1 Miner app is about individual gains and its impact on the broader crypto-mining sphere. By setting a new standard for mobile mining, BlockDAG is poised to reshape the industry and offer substantial financial returns to its participants. The success of BlockDAG’s presale, which raised $55.6 million by selling over 11.9 billion BDAG coins, further underscores the credibility and community support for the project. As BlockDAG approaches batch 45 of its presale, experts project a 30,000x ROI potential, inducing investors to participate in BlockDAG’s extraordinary journey.
Wrapping Up
The upcoming BlockDAG’s X1 Miner app is set to revolutionise the mobile mining sector, accessible to anyone with a smartphone. With the potential to mine up to 20 BDAG coins daily and projections indicating a coin value of $10 by 2025, the app offers significant earning potential of up to $200 daily, making it a top crypto mining app. As NEAR Protocol experiences a bearish trend and Chainlink (LINK) shows signs of recovery, BlockDAG stands out as a promising investment opportunity. BlockDAG’s successful presale, raising $55.6 million across 19 presale batches, further underscores its credibility and community support.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
The post Digging for Digital Dollars: BlockDAG’s X1 Miner App Sets New Standards in Crypto; NEAR Volume Dips & LINK Aims Higher appeared first on Crypto News Land.
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