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HomeBusinessEntrepreneurshipEthereum Loses $2,700, LINK Targets $26, But BlockDAG’s Blockchain Explorer Is Why...

Ethereum Loses $2,700, LINK Targets $26, But BlockDAG’s Blockchain Explorer Is Why Smart Money’s Piling In

Price patterns are often the quiet indicators that precede the loudest moves in crypto. Chainlink (LINK) is displaying a broadening wedge that hints at a possible breakout, while Ethereum (ETH) is reacting to resistance near $2,700 as large holders reshuffle their positions. Both tokens are offering signals that traders are closely watching. 

However, BlockDAG is drawing attention for a different reason: its rollout of a real-time Blockchain Explorer within its testnet. By enabling full on-chain visibility, BlockDAG is focusing on transparency and utility at the infrastructure level, reinforcing why it’s gaining traction as one of the most relevant platforms to watch. 

BlockDAG’s Explorer Brings On-Chain Clarity to Users and Developers

BlockDAG’s testnet rollout just became significantly more user-friendly with the launch of its Blockchain Explorer, offering seamless real-time tracking of blocks, transactions, and wallet activity. To begin with, designed with accessibility in mind, this feature allows users and developers to explore the network’s activity with precision and speed. For instance, whether monitoring personal wallet activity or reviewing smart contract deployments, the explorer provides a transparent and intuitive interface that simplifies the complexities of on-chain data.

Moreover, for developers, the Explorer complements BlockDAG’s EVM compatibility, enabling detailed tracking of Solidity-based smart contract interactions. Meanwhile, retail users gain direct insights into block confirmations, token transfers, and wallet balances without relying on third-party trackers. As a result, this level of visibility strengthens trust and confirms BlockDAG’s focus on accountability.

At the same time, as user engagement grows, the presale continues to heat up. BlockDAG has raised over $272 million, with more than 21.3 billion coins sold. Currently, in batch 28, the token is priced at $0.0262, though a limited-time offer slashes the price to just $0.0020 until June 13. Overall, this reflects a staggering 2,520% ROI since batch 1, placing it firmly among the best crypto to buy right now.

Ultimately, the integration of a live Blockchain Explorer not only supports technical users but also opens the door for wider adoption by making on-chain interaction transparent, trackable, and verifiable for everyone.

Chainlink (LINK) Technical Signals Point to Potential Breakout

Chainlink (LINK) is exhibiting a descending broadening wedge pattern, a formation that often precedes significant price movements. Specifically, this pattern suggests a potential rally of 40–60%, targeting the $25–$26 range. At the moment, LINK is trading around $15.39, with technical indicators such as narrowing Bollinger Bands and a rising Stochastic RSI indicating increasing buying pressure and the possibility of a breakout. (CoinCentral, AMBCrypto)

Furthermore, the Relative Strength Index (RSI) remains below the overbought threshold, implying that there is room for upward movement before reaching critical resistance levels. In addition, on-chain metrics show a steady increase in network activity, aligning with the bullish technical outlook. (AMBCrypto)

Taken together, these Chainlink (LINK) technical signals suggest that if the price breaks above the current resistance levels, a significant upward movement could follow, potentially reaching the $25–$26 target range. (CoinCentral)

Ethereum (ETH) Faces Pressure as Whales Sell Off at Key Resistance

Ethereum (ETH) recently encountered significant resistance near the $2,700 mark, leading to a price drop of 3.05% to $2,476. Notably, this decline was accompanied by substantial selling from large holders, who offloaded over 188,000 ETH in a single day. Therefore, such activity indicates a potential shift in market sentiment, as investors reassess their positions at this critical price point. (MoneyCheck)

Meanwhile, the current Ethereum (ETH) support level is being closely watched by traders and analysts alike. If this level fails, the price could signal further downside potential. On the other hand, maintaining support here might provide a foundation for a rebound. For this reason, market participants are advised to monitor trading volumes and on-chain data to gauge the strength of this support and anticipate possible price movements.

Technical Trends and Infrastructure Shifts Set the Tone for What’s Next

While Chainlink’s breakout setup and Ethereum’s support retest offer potential trading opportunities, they also reflect the uncertainty tied to short-term market sentiment. In contrast, BlockDAG is building momentum through usability and transparency. Its Blockchain Explorer provides a practical tool that benefits both developers and retail users by making on-chain activity accessible and verifiable. 

Instead of reacting to price, BlockDAG is addressing infrastructure needs that support long-term growth. As attention shifts from short-term signals to functional ecosystems, projects prioritizing usability and transparency may hold a more durable position in the conversation.

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