Dogecoin News Today: Contrasting Paths in Crypto: ADA and DOGE Face Challenges While BlockDAG's Presale Gains Momentum

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Dogecoin News Today: Contrasting Paths in Crypto: ADA and DOGE Face Challenges While BlockDAG's Presale Gains Momentum

Bitget-RWA2025/11/03 08:44

By:Bitget-RWA

- Cardano (ADA) confirms a "death cross" on hourly charts, dropping below $0.60 after large holders sold 100M ADA, intensifying bearish pressure. - Dogecoin (DOGE) consolidates near $0.18 support, with DeFi growth (5.10% 24h TVL rise) and technical indicators suggesting potential for $0.25-$0.33 gains if support holds. - BlockDAG's $435M presale surges, attracting 312K holders and institutional backing, with a planned $0.05 Feb 2026 listing positioning it as a "Layer-1 breakout" candidate. - Divergent cryp

Cardano (ADA), currently ranked as the tenth-largest cryptocurrency, is experiencing renewed downward momentum after a "death cross" appeared on its hourly chart, indicating stronger short-term selling pressure. ADA has dropped for four straight days, sliding from a weekly peak of $0.693 to below $0.60. Experts point to significant profit-taking by major investors, who offloaded 100 million

ADA

within a 72-hour span, further fueling the decline,

as reported by TradingView

. This technical setback heightens concerns among investors already cautious due to the overall volatility in the crypto sector.

At the same time,

Dogecoin

(DOGE) is consolidating near the crucial $0.18 support, a level seen as essential for sustaining its bullish outlook. Increased activity in decentralized finance (DeFi), highlighted by a 5.10% rise in total value locked over 24 hours to $18.04 million, points to expanding network use,

according to Coinotag

. Technical experts emphasize that if DOGE remains above $0.18, it could rally toward $0.25 and possibly $0.33, in line with its upward trend channel established since 2022. Conversely, falling below this support could invalidate the pattern and lead to steeper losses,

as noted in a Bitget analysis

Dogecoin News Today: Contrasting Paths in Crypto: ADA and DOGE Face Challenges While BlockDAG's Presale Gains Momentum image 0

The differing paths of these assets highlight broader trends in the market. While ADA and DOGE face technical and macroeconomic headwinds, there remains strong demand for high-growth speculative plays in the crypto space. Observers suggest that DOGE's DeFi developments and ADA's on-chain metrics will be key for short-term direction, while upcoming blockchain projects could bring new liquidity factors in early 2026.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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