• Fri. Dec 27th, 2024

Price Analysis of BLOCKS (BLOCKS) and DigixDAO (DGD)

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Mar 30, 2022

The cryptocurrency performance report has just brought BLOCKS and DigixDAO under the spotlight for their phenomenal performances in the past 24-hours. These cryptocurrencies have performed really well in the mentioned time period, and they may continue with their uptrend.

As the uptrend continues, the trading values of BLOCKS and DigixDAO may continue to grow higher. Let us have a look at the detailed analysis of BLOCKS and DigixDAO, and look at their price predictions.

BLOCKS Goes for a 685.55% Swell

BLOCKS has proven to be one of the top-gaining cryptocurrencies in the past 24-hours. Before the push came in from the bulls, the trading value the BLOCKS/USDT pair recorded was $0.001318 per BLOCKS.

In the past 24-hours, the bulls increased their accumulation strength with aim of pushing BLOCKS price higher. The accumulation spree launched by the bulls formed a 685.55% rally, which worked like a charm for the investors with positive sentiments.

Following the strong rally, the price of BLOCKS continues surging, and at the moment, the value of BLOCKS is at $0.006254 per BLOCKS.

If the bulls keep on acquiring more BLOCKS, the demand and value for BLOCKS may continue soaring. This would mean that more investors would want to invest in BLOCKS in order to increase their accumulations.

As the investors increase their accumulations, the price of BLOCKS may surge to the first resistance mark ($0.01697). With the moving averages, oscillators, and the RSI moving in favor of the bullish trend, the price of BLOCKS may surge to $0.03151 per BLOCKS.

As the sentiments of the investors grow more positive, the price of BLOCKS may grow up to $0.04502 per BLOCKS.

In case the bears do not let the bulls do as they please and force them to give up their current ground, the price of BLOCKS may dip to $0.005628 per BLOCKS.

Once the price of BLOCKS falls below the $0.005628 per BLOCKS mark, the selling power of the bears may surge tremendously. This would result in the bears being able to pull its price down to $0.004559 per BLOCKS.

DigixDAO Goes for a 124.53% Swell

DigixDAO has experienced a significant rise in value in the past 24-hours as well. The value of DigixDAO has surged by 124.53% in the past 24-hours, bringing it up to its current high price of $592.39 per DGD.

As the momentum keeps surging in favor of DigixDAO, its price may continue going up to higher checkpoints. The first high mark for DigixDAO would be $684.62 per DGD.

Going forward, the bulls may increase their accumulation for DigixDAO, and if the investors back them, then they may succeed in breaking the defenses of the bears. This would result in pushing the price of DigixDAO over the $737.95 per DGD mark.

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