This week’s market action is turning heads, with two established names and one surging newcomer making notable strides. Hedera (HBAR) is trading steadily near $0.25, with technical patterns hinting at a possible wave 3 move toward $0.40. Filecoin (FIL) has been far more volatile, swinging 7% in just 24 hours as it moved between $2.50 and $2.68.
But the strongest spotlight is on BlockDAG (BDAG), which has already raised over $374 million and sold more than 25.1 billion coins. Now past the halfway point to its $600M goal, it sits at $0.0276 per coin, aiming for a $0.05 listing and a long-term forecast of $5. That growth potential translates into possible returns exceeding 18,000%, making it one of the most closely watched projects right now.
Hedera (HBAR) Price Performance Holds Its Ground
Hedera’s price action is drawing attention after a recent dip to around $0.25, which analysts see as a prime accumulation area. Fibonacci and Elliott Wave analysis point to a potential wave 3 rally in a 5-wave bullish setup, targeting between $0.31 and $0.397. Key demand sits between $0.258 and $0.288, suggesting strong buying interest.
The price has also reclaimed the 0.618 Fibonacci level at $0.2736, signaling stability ahead of another possible push higher. If the current technical structure stays in place, Hedera could climb to $0.3512, with a chance to extend toward $0.40 in the coming weeks. RSI and stochastic indicators are leaning positive, supporting the case for a breakout that could draw even more attention to the asset’s short-term potential.
Filecoin (FIL) Price Action Brings a 7% Range in 24 Hours
Sharp swings have marked Filecoin’s market performance over the past day. FIL touched a high of $2.68 before sliding to $2.49 by midday on Aug. 11. This move came with heavy volume of 8.88 million at the 12:00 hour, reinforcing strong support at $2.49.
Resistance remains at $2.68, where trades hit 3.80 million units. By the end of the session, the price recovered part of its drop, sitting near $2.56, about 2% down on the day. The rebound matched a 1.1% rise in the Coindesk 20 index. Volume spiked again during recovery, peaking at 78,053 units, hinting at renewed buying interest. This activity suggests Filecoin could soon make another attempt to challenge the upper end of its trading range.
BlockDAG’s $374M Momentum Could Drive the $5 Projection
BlockDAG is moving quickly toward its $600 million presale target, with more than $374 million already raised and over 25.1 billion coins sold. The current Batch 29 price is $0.0276, still under the $0.05 listing value, giving an increasingly narrow entry window. From Batch 1 to now, the coin’s price has risen 2,660%. Projections place it at $1 in the near term, offering a possible 3,522% ROI, while longer-term estimates suggest $5 or even higher.
The scale of progress goes beyond sales. The network is set to launch with more than 2.5 million users on the X1 Miner app and over 19,250 miners sold, generating $7.8M in additional sales. It also boasts more than 200,000 holders and 4,500 developers preparing over 300 web3 projects to go live on its infrastructure.
BlockDAG’s hybrid blockchain and DAG framework supports speeds of up to 15,000 transactions per second, using dual consensus to balance speed and security. A built-in dashboard allows real-time engagement, while confirmed listings on 20 exchanges will ensure immediate liquidity after launch.
Each batch sold reduces the available supply at current prices, and as milestones are hit, entry points will keep shrinking. With this pace, the gap between today’s price and the $5 projection could close faster than expected, leaving latecomers watching from the sidelines.
Final Takeaway
This week’s market updates highlight three different stories. Hedera’s price is holding at key levels, showing technical signs that could lead to a bullish breakout. Filecoin’s price action continues to deliver fast moves, creating openings for active traders willing to ride short bursts of volatility.
Then there’s BlockDAG, which is combining record presale numbers with a network that is already built to operate at scale. With $374 million secured, over 25.1 billion coins sold, and infrastructure ready to support large-scale adoption, it has the framework to meet, and possibly surpass, its $5 target.
Together, these projects form a mix of steady growth, market action, and ambitious expansion that keeps them firmly among the top trending crypto names to watch right now.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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