Cardano (ADA) and Hedera (HBAR) are both showing strong technical setups this week, earning them spots among the top trending cryptocurrencies. ADA is moving closer to its $0.76 resistance, while HBAR is testing a major breakout point. These developments have drawn significant market attention, but BlockDAG (BDAG) is stealing the spotlight. Its presale, currently at $0.0016 until August 11, before a steep jump, alongside multiple live product showcases, has firmly positioned it as the leading trending crypto for August.
The mix of ADA’s short-term rise, HBAR’s technical momentum, and BlockDAG’s narrowing presale window has created a moment where traders are weighing chart opportunities against the urgency of securing BDAG at its lowest available price.
Cardano (ADA) Maintains Position Around $0.75
Cardano recently bounced back after hitting a daily low of $0.7296. A quick recovery lifted the price by 2.37% to $0.7509, putting it within reach of the $0.7550 resistance level. This barrier has held firm in recent sessions, and breaking it, especially on high volume, could trigger a move toward $0.7601 or higher.
On shorter timeframes, ADA has been posting higher lows, signaling growing bullish control. However, sellers still account for 53.24% of market pressure, which might keep the price range-bound between $0.7420 and $0.7520 if buying strength fades.
Whether ADA can push through the $0.7550 level and build a stronger uptrend will depend on incoming trading volume in the sessions ahead.
Hedera (HBAR) Closes In on Breakout Zone
Hedera has rebounded sharply from its 100% Fibonacci extension at $0.23459, with solid support around $0.22460 to $0.22052. The price is now challenging a descending trendline near $0.254, which also aligns with the 23.6% Fibonacci retracement at $0.25044.
Technical signs are leaning bullish. Elliott Wave analysis points to a completed wave (4) correction, and a golden cross has appeared on the 1-hour chart, with the 50-period moving average crossing above the 100-period. This often signals potential upward continuation.
HBAR briefly touched $0.2552 before facing resistance. Trading volume remains above $417 million, but repeated rejections at $0.254–$0.255 show lingering market hesitation. A confirmed breakout above this range could set up moves toward $0.28–$0.30, while losing $0.240 support could bring a pullback to $0.225–$0.234.
BlockDAG (BDAG) Secures the Top Trending Spot
While ADA and HBAR capture short-term chart attention, BlockDAG is dominating for broader reasons. The presale is in its closing stages, with the $0.0016 Global Launch price available until August 11. After that, it moves toward a confirmed launch price of $0.05. Early buyers have already seen 2,660% growth in their funds since Batch 1, with total coins sold reaching 24.9 billion and presale funding surpassing $368 million.
The upgraded Dashboard V4 offers a near-exchange experience, enabling users to view real-time BDAG charts, place instant buy and sell orders, track order book movements, and monitor referrals. Interactive elements like leaderboards and bonus calculators are keeping engagement high.
Adding to the excitement is the ongoing 10 BTC Auction, where all purchases before August 11 are entered for a chance to win Bitcoin, with larger buys improving winning odds.
The ecosystem is already functional. The X1 and X10 miner live demo event showcased both hardware and mobile integration, with the X10 generating up to 200 BDAG daily compared to 20 from the X1 app. Sports partnerships with the Seattle Seawolves and Seattle Orcas are also expanding BDAG’s audience reach through NFT fan engagement, collectibles, and interactive digital experiences.
With 20 confirmed exchange listings, its hybrid blockchain-DAG structure designed for high-speed transactions, and over 2.5 million X1 users, BlockDAG is already operating as an active network well before its market debut.
Final Take
Cardano and Hedera are both at pivotal points that could shape their short-term market direction. ADA’s momentum hinges on breaking above $0.7550, while HBAR’s next leg up depends on clearing the $0.254–$0.255 resistance range and holding the breakout. These moves keep them in the top trending crypto list, but their positions rely on technical performance and market sentiment.
BlockDAG’s lead in the trending charts is driven by more than technical patterns. The $0.0016 presale price ending on August 11, coupled with live mining demonstrations, exchange-ready systems, sports collaborations, and interactive presale features, is fueling both market urgency and active participation. While ADA and HBAR’s next moves rest on price action, BlockDAG’s clock is running down fast, and for many, that timing could be the deciding factor.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.