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Cryptocurrency News Articles
TAO Nears $400 & Bullish Signs for Monero, But BlockDAG's $0.0019 Entry Point Delivers High ROI Potential
May 04, 2025 at 08:00 pm
Read about the Monero price forecast as momentum builds past 50%. Watch TAO's price test key levels. Explore BlockDAG's new podcast rollout and $0.0019 BDAG offer.
The latest Monero price forecast remains bullish despite a setback at $345. Key levels for TAO’s price rally are approaching quickly. Plus, BlockDAG offers a 2,531% ROI at launch with its presale still open at $0.0019.
Not every chart is following the same rhythm, but pressure is clearly mounting across key altcoins.
The latest Monero price forecast remains bullish after a strong 50% rally, though resistance around $345 could limit short-term gains. Traders are watching closely for signs of continuation or a possible cooldown.
TAO’s price has also made an impressive climb, driven by steady accumulation and a breakout from bullish patterns. However, it’s now facing heavy resistance near crucial levels, raising questions about how long the uptrend can hold without a pullback.
Meanwhile, BlockDAG (BDAG) is skipping the market hesitation altogether. With a fresh podcast series rolling out and summarizing its roadmap, and a limited-time offer on $0.0019 BDAG coins available until May 13, BlockDAG is being touted as the highest ROI crypto this cycle.
Monero Price Forecast Targets $345 as Privacy Demand Grows
The Monero price forecast has strengthened following a sharp 50% rally, fueled by growing interest in privacy coins. Reports linking Monero to large-scale BTC laundering activity may have contributed to the increased demand, pushing XMR out of its recent trading range.
A breakout from an ascending triangle pattern on the 888 chart provides further support for upside momentum, with analysts setting their sights on the $345 level as the next resistance zone.
Open interest on major exchanges has also risen to its highest level this year, indicating strong bullish sentiment among derivatives traders.
However, the Monero price forecast also signals some caution. The Relative Strength Index (RSI) on the 4-hour chart has entered overbought territory, suggesting that the rally may be becoming overextended in the short term.
If the bears can manage to defend the $345-$350 zone once again, then another breakout attempt could be seen at around $300 over the coming week.
TAO Price Rally Extends, But Key Resistance Approaches
TAO’s price has risen from $255 to nearly $400, driven by a bullish pennant breakout on the 4-hour chart and a recent golden cross on the daily chart. These signals suggest a potential move toward $458 if current momentum holds.
Technicals remain strong, with TAO trading well above its major moving averages and showing strong relative strength against Bitcoin.
Accumulation signals are also positive, supported by Chaikin Money Flow readings above the zero line and MACD in bullish territory.
However, resistance is looming at the 38.2% Fibonacci retracement level and the 127.2% Fibonacci extension from the March low. A failure to break above this zone could trigger short-term consolidation or even a minor pullback.
Overall, TAO’s price action remains largely constructive, but traders will be watching closely to confirm if the rally has more room to run.
BlockDAG Heats Up with Podcast Launch and Final $0.0019 Presale Window
BlockDAG is increasing its visibility with the launch of a new podcast series. The series offers listeners a direct window into BlockDAG’s technology, launch strategy, and development milestones.
The timing couldn’t be more perfect. Batch 28 is currently live, offering
BDAG coins at a special price of $0.0019, a significant discount from the actual batch price of $0.0262. This limited-time pricing window is available until May 13, and interest is quickly growing as the presale nears its final stage.
At $0.0019 per coin, the projected return reaches 2,531% when BDAG lists at $0.05, positioning BlockDAG as one of the highest ROI crypto opportunities in the market.
With $225 million already raised and 19.6 billion coins sold, the numbers reflect market confidence and rapid demand for this project.
As the presale accelerates, the podcast series serves as a crucial communication bridge between the BlockDAG team and its expanding community. It’s more than marketing; it’s a way to engage, inform, and prepare for what’s ahead with BDAG.
The Bottom Line
Not every rally is built the same this cycle. While the Monero price forecast stays bullish above $300, overbought indicators suggest limited near-term upside. TAO’s price continues to climb with strong technical backing, but overhead resistance may slow its momentum. Both assets show potential, though neither has confirmed a decisive breakout yet.
BlockDAG, on
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