BlockDAG Climbs Toward $0.2, Solana Holds Support, BlockDAG's $226M Presale Heats Up with 25% Referral Bonus

Some charts are showing strength, while others remain stuck near key zones. Dogecoin is climbing steadily with price heading toward $0.20, boosted by rising open

Dogecoin price is showing strength as it climbs toward $0.20, supported by rising open interest and a stronger RSI. Meanwhile, Solana price is struggling to break out of a key zone, with bulls focused on holding support at $145.

However, the crypto news today sees the BlockDAG presale heating up with its new 25% referral program, just as Batch 28 kicks off. The limited-time price of $0.0019 is valid until May 13, while the potential profit stands at 2,520%.

Solana Price Prediction: Is A Breakout From $145 Critical For 157 Test?

Solana price is trading at $149, attempting to breakout from the $145-$157 range. After a strong recovery from the $95 low, encountered in March, the price is now testing the $150-$157 resistance.

Solana price chart (4H) on Binance-옅은 색깔로 표시된 가격대는 FIB 수열을 나타냅니다.. 출처- TradingView에서의 Indicaтор, автор: Benzinga

After bouncing off the $120, $130, and $140 support levels, analysts are spotting a cup and handle pattern on the 4-hour chart. This pattern, if confirmed, could propel the price towards higher levels.

Moreover, the recent increase in Decentralized Exchange (DEX) activity and the anticipation of more institutional demand in the second quarter could further contribute to Solana’s price movement.

If bulls succeed in pushing the price above the $157-$160 resistance, it could pave the way for a continuation towards the $170 or $175 price targets. Conversely, a failure to hold the $145 support might lead to another decline towards the $136 price point, which is crucial for buyers to defend in order to maintain the bullish momentum.

Dogecoin Price Analysis: Is A Breakout From $0.20 Imminent For 0.26 Test?

Dogecoin price is showing signs of strength as it falls within a wedge pattern, which is often encountered in a strong trending market and is known for heating up the price.

The cryptocurrency is currently trading at $0.16, after recovering by 6% over the past month. Traders are noticing a surge in open interest and an improvement in the Relative Strength Index (RSI), indicating strong buying pressure.

Dogecoin price chart (4H) on Binance-옅은 색깔로 표시된 가격대는 FIB 수열을 나타냅니다.. 출처- TradingView에서의 Indicaтор, автор: Benzinga

A breakout from the $0.20 resistance is critical for the next leg of the rally. If the bulls manage to push the price through this level, it could ignite a rapid move towards the $0.24-$0.26 price zone.

However, the role of volume and sentiment will be crucial in determining the speed and magnitude of the upcoming rally. While the price might undergo a brief period of consolidation at the $0.20 breakout, traders will be keenly focused on whether Dogecoin can break through this ceiling in the coming days.

BlockDAG’s New Referral Program Kicks Off With 25% Reward For Referrers

BlockDAG is making headlines today with its new referral program, offering a 25 percent reward in BDAG coins to users who refer new buyers.

Those who join Batch 28 of the presale will also receive an additional five percent on their purchase. This win-win setup is expected to rapidly increase new buyers and generate more demand for the project.

The program is designed to be simple and straightforward. Users can access their unique referral link on the BlockDAG dashboard. Once a new buyer makes a purchase through the referral link, both the referrer and the referral will receive their rewards instantly.

For instance, if three people each buy $5,000 of BlockDAG and one is a referral, the referrer will be credited with $3,750, while the person who made the referral will earn $250 in extra BlockDAG coins.

The presale is heating up as Batch 28 is now live, offering the last chance to buy the token at a limited-time price of $0.0019 per coin. This offer is valid until May 13. Afterwards, the price will increase to $0.0262 for Batch 28.

Moreover, the token’s launch price is set at $0.05, which presents an opportunity for a 2,520 percent profit potential from the current presale price.

BlockDAG has already raised over $226.5 million, with more than 19.7 billion BDAG