Ethereum (ETH) Flashes Bullish Signal Ahead of Potential Rally; SHIB Dips 10% More & BlockDAG Confirms Launch Readiness

The biggest altcoin, Ethereum (ETH), flashed a bullish signal after reclaiming key support, with $2,100 now on the radar. In the memecoin world, the Shiba Inu (SHIB) price drop continues to weigh heavily, falling another 10% while quiet accumulation hints at a possible rebound.

ETH and SHIB are both trying to stabilize their prices, but one project is moved fast ahead. BlockDAG (BDAG) has just cleared its CertiK audit, unlocking the next phase of its roadmap. With $229 million raised and launch prep in motion, BDAG is quickly gaining traction as the top decentralized crypto buyers are watching closely.

Pullback Deepens in Shiba Inu Price Drop

The Shiba Inu (SHIB) price drop has pushed the token down 10% over the past week, landing it near $0.000012. Despite the slide, indicators like the Chaikin Money Flow show rising inflows, hinting at quiet accumulation. A bullish divergence is forming, further supported by a negative Network Realized Profit/Loss metric, which suggests that, on average, SHIB traders are exiting positions in the red, indicating a reluctance to sell at a loss.

Futures traders also lean positive, with funding rates displaying a preference for long positions. While the SHIB price drop is evident, short-term recovery to $00.000014 remains possible if SHIB can break above the 20-day EMA and sustain buying pressure.

Support Reclaim Triggers Ethereum Bullish Signal

A recent price rebound has triggered a clear Ethereum (ETH) bullish signal, according to renowned analyst Michaël van de Poppe. ETH briefly dipped below a key support level before quickly recovering, which he interprets as a testament to strong buyer interest.

Highlighting this reclaim of support as a turning point, he notes that the next target is at $2,100. The Ethereum bullish signal is built on the idea that retesting and reclaiming lost ground often precedes an asset class’s move higher. For now, ETH appears to be defending its ground, and the Ethereum bullish signal cements this impression, suggesting that the tide might be beginning to turn in favor of the bulls.

BlockDAG Completes CertiK Audit: Exchange & Launch Plans in Sight!

BlockDAG just hit another major milestone: CertiK has officially completed its audit! As the second round of security checks following Halborn, this double-audit strategy sets BlockDAG apart in the presale space. It’s not just confirming BlockDAG’s strength but also making it a standout choice as several projects struggle to complete a single audit.

CertiK’s approval also puts BlockDAG in a unique position for the next stage of its journey. Having already sold 19.7 billion BDAG coins and raised $229 million in presale funds, BlockDAG is a hot pick among the top decentralized crypto presales this year. But with several projects struggling to launch after hitting presale goals, BlockDAG’s progress is swift.

This isn’t surprising given the interest in the project. As the top decentralized crypto buyers search for viable coins and the best altcoins to invest in, they’re paying close attention to BlockDAG. Batch 28 is still ongoing, offering a special price of $0.0019 until May 13. The batch’s original price is $0.0262, but buyers are advised to move quickly to claim the special price and secure a projected ROI of 2,531% at a confirmed listing price of $0.05.

After Batch 27 sold out quickly, this special pricing is attracting huomongous interest from buyers seeking to maximize their returns before launch. With CertiK now done, rumors of 10 exchange listings and rumors of impending launch are swirling in the community. As the project prepares for this next phase of public trading, it seems like the project is quickly moving towards the light at the end of the tunnel.

Buyers Pay Attention to What Matters

Ethereum bullish signal suggests renewed strength, with support reclaim marking a key moment for short-term direction. Shiba Inu price drop highlights hesitation, though some signs point to quiet buildup under the surface. The picture feels unsettled, but not unclear.

BlockDAG changes the pace entirely. CertiK’s approval, layered on top of Halborn’s, removes guesswork. Exchange announcements are now in sight, and the presale continues to accelerate. At $0.0019 until May 13, and with 2,531% ROI locked at launch, BDAG is stepping into its next phase. Among the top crypto projects, only a few projects carry this kind of confirmation.