Cardano’s price potential is weakening near $0.83, with traders watching the $0.70-$0.75 zone for support. A holiday rebound toward $1.00 remains possible, but a drop below $0.70 would open the door to deeper losses. Chainlink faces a similar test after falling to $21.35, with its RSI nearing oversold levels that hint at a short-term bounce.
BlockDAG (BDAG) is in a completely different league. Backed by a nearly $415M presale, 26B coins sold, and a batch 30 entry of $0.0013, it pairs explosive adoption with a major BWT Alpine Formula 1® Team partnership. This deal proves financial strength and locks in global visibility, making BlockDAG the standout choice for investors seeking real growth rather than short‑term trades.
ADA Nears Key Support as Traders Watch for a Comeback
Cardano trades around $0.83, showing weakness after a recent pullback that could test the $0.70‑$0.75 support zone. This range has historically triggered strong buying interest, making it a critical level for traders looking for a potential entry. If buyers defend this area, a rebound could form in mid‑October, setting up a steady climb toward the $1.00 mark by late November.
Analysts highlight that a break below $0.70 would signal deeper risk, but holding current support keeps the long‑term bullish setup intact. With new decentralized apps launching and partnerships expanding, the network’s fundamentals remain strong. Seasonal crypto rallies and improving market sentiment could add momentum, giving Cardano a chance to challenge previous highs by Christmas for investors seeking an early positioning opportunity.
Chainlink Slides to $21 as Traders Eye Oversold Bounce
Chainlink trades near $21.35 after an 8.5% daily drop, slipping below key short‑term moving averages and showing signs of a technical pullback. The RSI at 39.34 signals oversold conditions, while Bollinger Bands highlight potential support near $21.50. With no major news driving the sell‑off, the move appears to be a market correction following recent gains rather than a shift in fundamentals.
For traders, the setup offers a possible short‑term opportunity. A rebound above $20.24 could trigger a bounce toward the next resistance at $25.64, while a failure to hold this level risks a slide toward $16.00. Chainlink remains above its 200‑day moving average near $16.70, keeping the broader uptrend intact for investors considering an entry during this period of heightened volatility.
BlockDAG’s $415M Raise & BWT Alpine Formula 1® Team Deal Sends Buyers Racing in
BlockDAG has turned heads by proving its financial strength on a global stage. The multi‑year BWT Alpine Formula 1® Team partnership is not just marketing, it is balance‑sheet proof. F1® sponsorships cost tens of millions each season, and securing one signals that BlockDAG holds the liquidity and reserves to sustain long‑term operations. In a market filled with projects chasing funding, this move shows that BlockDAG already has it.
The presale numbers confirm that strength. BlockDAG has raised nearly $415 million, sold 26 billion BDAG coins, and onboarded 312,000 holders, with 20K+ miners sold and 3 million X1 app users. The presale is now in batch 30, offering a special entry price of $0.0013, far below the confirmed exchange listing target.
This creates a rare mix of credibility and opportunity. BlockDAG’s funding, adoption, and global exposure give it a foundation few projects can match, yet the market still prices it like an early presale. With the Awakening Testnet live and the BWT Alpine Formula 1® Team deal guaranteeing years of global visibility, the current $0.0013 entry may be the last low‑cost chance to secure a stake in a project built to scale.
Closing Statement
Cardano holds long‑term promise if buyers defend the $0.70‑$0.75 zone, but its short‑term path depends on a seasonal rally that remains uncertain. Chainlink’s price drop offers potential for a rebound if it reclaims $22.20, yet momentum remains tied to technical swings rather than fundamental breakthroughs. Both coins carry opportunity, but neither has secured the visibility or capital strength to drive confidence beyond the next trading cycle.
BlockDAG’s nearly $415M raise, 312K holders, and 3M X1 users prove market demand is real, while the BWT Alpine Formula 1® Team deal shows the balance sheet to back years of global promotion. With the Awakening Testnet live and a $0.0013 presale entry still open, BlockDAG offers investors the rare combination of scale, adoption, and credibility.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu