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As bullish sentiment builds across the crypto market, certain projects are standing out for their sharp price movement

2025/05/12 20:30

As bullish sentiment builds across the crypto market, certain projects are standing out for their sharp price movement, renewed demand, and strong investor signals.

Sui (SUI) has surged past key resistance zones with a momentum-fueled breakout. The token’s bullish reversal came at an unexpected time: right after a major token unlock. Instead of triggering a sell-off, the market absorbed the supply, and SUI pushed higher.

The token has doubled in value over the past week and is now targeting a breakout range above $4.00. Analysts point to multiple signals supporting the move, bullish MACD crossover, consistent Supertrend support, and a clean breakout from a pennant formation.

If the rally sustains, resistance at $4.22 could fall quickly, with upside potential to $5.38. However, if the bears regain control, Fib support levels at $3.36 and $3.16 could offer some cushion.

After a strong start to the year, several major tokens are showing signs of fatigue, with Bitcoin struggling to break above $50,000 and Ethereum failing to maintain the $2,000 level.

Despite the top cryptocurrencies encountering resistance, there’s one presale coin that has investors buzzing across forums and social media.

With a $237 million raise, a $0.0019 price window closing on May 13, and daily 100 million BDAG coins up for grabs in the Buyer Battles, BlockDAG is becoming a hot pick.

It’s not speculation that’s driving BlockDAG’s rise but rather a structured approach and reward mechanics that make participation feel like winning.

As SUI and LINK chase gains, BlockDAG is setting the stage for them with a presale system designed for high participation and a limited-time offer.

Here’s a closer look at what’s making BlockDAG a trending pick in 2025:

Sui Surprises With Post-Unlock Strength, Setting Stage For Next Leg Up

Relative strength is returning to SUI, which has seen better price action than BTC or ETH in recent times. The token is now testing the upper range of a pennant formation, which could propel it toward $4.22.

A breakout above this level would open the door for a swift rally to $5.38, the final Fib resistance zone. Afterward, the coast would be clear for a run toward $6.00.

Chart showing SUI price pushing higher as it breaks through key resistance levels and technical indicators suggest further upside potential. Source: Tradingview

On the other hand, failure to hold above $3.86 could bring Fib support at $3.36 into play, followed closely by the lower pennant boundary, around $3.16.

A return to support would put the broader uptrend in jeopardy, setting the stage for a deeper correction toward $2.84.

At present, the MACD is showing bullish crossover, while SuperTrend remains in uptrend status. Both indicators suggest that the sellers have lost momentum.

Volume is also beginning to pick up, which bodes well for a continuation of the rally. A decline in volume at this stage could indicate that the rally is losing steam.

Overall, the technicals suggest that the path of least resistance is still upwards, but a reversal below $3.16 could bring a steeper correction.

BlockDAG Outpaces Market With 100M Daily Coins, Setting Stage For 2520% ROI

BlockDAG has been making headlines for its structured approach to presale engagement. Having raised $237 million, BlockDAG is now in the final stages of its presale, offering investors a limited-time opportunity to join at $0.0019.

After May 13, the coin will be launched on exchanges, with early participants aiming for a 2520% return.

To maximize participation and create a sense of urgency, BlockDAG has devised a unique system called Buyer Battles, where a portion of 100 million BDAG coins are allocated daily.

Those who purchase the largest amount of coins during a 24-hour period also stand to win additional coins, encouraging competitive participation.

This strategy has not only driven FOMO but also created a high-volume user base, setting the stage for a strong launch.

Moreover, the presale has brought together a deep community, fostering capital loyalty towards the token even before its official debut.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Chainlink Pushes Higher As Technicals Brighten

Chainlink is continuing its strong run, adding nearly 40% to its

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