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Hedera and SUI Cryptocurrencies: Market Analysis and Outlook Amid BlockDAG Achievements

Hedera and SUI Cryptocurrencies: Market Analysis and Outlook Amid BlockDAG Achievements

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by Giorgi Kostiuk

3 days ago


Hedera (HBAR) and SUI continue to generate interest amid market volatility, while BlockDAG showcases significant achievements in its field. This article examines the current trends and situations surrounding these projects.

Hedera's Prospects Amid Sibos 2025

Hedera (HBAR) has faced mixed sentiment in recent days, seeing a 4% decline and stabilizing around $0.218. Analysis shows that if the price dips below $0.21, further losses may follow. However, holding this key level could shift the sentiment positively. Expectations surrounding Sibos 2025 and speculation about possible SWIFT integration are generating interest. Some analysts believe that if HBAR can break above $0.30, it may provoke further upward movements.

SUI Holds Key Support Levels

SUI is drawing attention as it defends the support zone between $3.18 and $3.28. This zone has shown resilience in recent weeks. Analysts suggest that if SUI can hold these levels, it might lead to a jump towards $3.53 or even the August high of $3.90. However, momentum is under pressure with lower highs, and slipping below $3.20 could trigger another correction. Technical patterns indicate the formation of a falling wedge, often linked to potential bullish breakouts.

BlockDAG: Implementation and Market Success

BlockDAG is capturing significant attention due to tangible achievements, highlighted by its upcoming deployment event in Singapore. The project has raised over $403 million and is currently offering tokens at $0.0013. This event is a standalone launch in partnership with Coinstore. Unlike many other projects, BlockDAG has demonstrated real delivery by shipping miners to 130 countries and scaling production to 2000 devices per week. This underlines actual project realizations as opposed to various hypotheses from other market participants.

Amid overall market instability, Hedera and SUI remain under analysts' watchfulness, awaiting new information. Conversely, BlockDAG demonstrates positive results and active progress, outpacing other market participants. The entire situation emphasizes the need for careful analysis of cryptocurrency trends.

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