The Business & Technology Network
Helping Business Interpret and Use Technology
S M T W T F S
 
 
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
 
 
 
 
 
 
 
 
 
 
 
 
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 

BlockDAG’s Testnet Launch; ADA Price Target & Optimism Predictions

DATE POSTED:September 19, 2024

BlockDAG Testnet Launch Sparks 20,000x ROI Predictions; Optimism Stays Bullish—Cardano Price Target Revealed

As the financial frost thaws, the Cardano price target and Optimism (OP) prediction hint at a warm front moving in, suggesting cryptos are poised to dominate the market. Riding this wave of anticipation, BlockDAG has announced its testnet launch on September 20th, promising a playground where users and developers can experiment and innovate. The growing excitement around testnet has pushed BlockDAG’s presale to an impressive $73 million, showing just how much potential the project holds among the top cryptos to dominate. 

Can Cardano Make a Breakout? 

The Cardano price target is to overcome key resistance levels after forming a double-bottom pattern. The price holds steady above the $0.312 mark, avoiding a close below this important support. 

If this momentum continues, the Cardano price target could move up to $0.375 or even $0.399, aligning with the Fibonacci levels. The recent spike in active addresses shows growing interest in the network. With Bitcoin gaining ground, the Cardano price suggests there could be more room for an upward push.

Where Could Optimism (OP) Go Next?

Optimism (OP) prediction hints at a promising move, with the price climbing over 15% this past week. A bullish divergence on the RSI suggests more room for gains, and with the price sitting above its 20-day EMA, buying interest appears strong.

That said, the Optimism prediction isn’t without caution. The Total Value Locked (TVL) has dropped, which could weigh on future price action. If OP manages to push past $1.70, it could confirm a bullish trend, but if it faces resistance around $1.50, support levels near $1.25 or $1.10 might come into focus.

BlockDAG’s Testnet Launch: What Developers Can Expect?

BlockDAG is gearing up for the next big leap to surprise its users! On September 20th, BlockDAG’s testnet goes live, bringing a unique opportunity for users and developers to test, explore, and innovate on a blockchain pushing far beyond its roadmap. This launch will allow developers to experiment with new ideas, deploy sample smart contracts, and even mint NFTs, offering a hands-on experience like never before.

With the new blockchain explorer, developers can dive deep into block details, track transactions in real-time, and tap into EVM support for a smooth testing environment. The MetaMask Wallet Connect feature also allows seamless transfers of test tokens, making it easy to try out transactions and simulate various scenarios. Whether it’s testing smart contracts, staking coins, or burning tokens, the testnet is a playground for developers to bring their visions to life.

The excitement is building fast across the crypto community, driven by BlockDAG’s steady growth and continuous advancements. As more enthusiasts flock to the network, a staggering 20,000X ROI is expected. The presale has already surged to an impressive $73 million, showing the immense interest and confidence in what BlockDAG is building.

Wrapping Up 

As the market shows signs of resurgence, both Cardano and Optimism are capturing attention. Cardano’s steady position above key support levels and Optimism’s bullish signals highlight a fertile landscape for growth in the crypto sector. 

Meanwhile, the upcoming BlockDAG testnet launch on September 20th is making waves, with $73 million in presale figures indicating strong confidence. These developments highlight a vibrant future for BlockDAG, driven by technological advancements and community engagement, poised to propel the next wave of crypto innovation.

Discover More About BlockDAG:

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

The post BlockDAG’s Testnet Launch; ADA Price Target & Optimism Predictions appeared first on The Merkle News.