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Cryptocurrency News Articles
Countdown Begins on BlockDAG's $0.0019 Price Offer While Axie Infinity Price Drops 40% & Render Fights Support
May 08, 2025 at 11:00 am
Not all cryptocurrencies follow the same course. The Render price prediction focuses on a bounce from $4.22, though no breakout has occurred.
The Render price prediction remains in focus as buyers and sellers contest a key level. Failure to break $4.87 on May 2 saw the price drop to $4.22, a support level now under pressure.
If buyers can maintain this zone, the price could rebound toward $4.87 or $6.20. However, a break below $4.22 might weaken the Render price prediction further, opening the way for a decline to $3.80. The 20-day EMA at $4.31 is also an indicator to watch. A bounce from here might suggest a short-term range between $4.22 and $4.87.
A daily close above $4.87 could be needed to restart upward momentum toward $5.52.
On the other hand, the Axie Infinity Price has fallen by 3.42% in the past month and 41.92% in the last six months, showing weak momentum and cautious sentiment among investors. The chart remains mostly bearish, with both momentum indicators and oscillators reflecting downward pressure.
Axie trades in the $2.04 to $2.99 range, with resistance on the way to $3.50 and a firmer ceiling at $4.45. On the downside, the first support level lies at $1.60, with a deeper fallback point at $0.65. The RSI is at a neutral 51.81, showing no clear dominance from bulls or bears.
Traders are monitoring support bounces and resistance challenges, watching for minor price actions that could suggest short-term setups.
Many cryptocurrencies follow a common path, but some forge their own. While Render faces a decisive moment at $4.22 and Axie Infinity shows limited recovery potential despite a 41% decline from recent highs, another asset is making a unique move.
Enter BlockDAG (BDAG). At just $0.0019, it’s not waiting for a market shift; it’s driving one. Already listed on major exchanges and having raised more than $227.5 million with over 19.7 billion coins sold at a starting price of $0.0019, BlockDAG is in a class of its own.
Early adopters have already seen returns of up to 2,520%. But this presale is nearing its end on May 13. Afterward, the price will be reset to the current batch price—$0.0262.
As Render and Axie look for footing and traders assess the Axie Infinity price and its recovery potential, BlockDAG continues its own journey. It’s no longer a secret gem; it’s a brightly lit path that many are following.
This makes BlockDAG a strong contender for the next big crypto, not just for its future potential but because it’s already showing measurable results.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Since I publicly called for ETH and started dollar-cost averaging in March, today the E guardians finally have a voice.
- May 12, 2025 at 12:15 am
- This wave of three consecutive daily green candles has not given the market any breathing room. There is currently a lot of divergence, with many believing it is about time for a rebound rather than a reversal; others are calling that a big bull market has arrived.
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