SHIB and DOGE Approach Key Resistance as BlockDAG Climbs to No. 2 on CoinMarketCap Traffic

SHIB and DOGE Approach Key Resistance as BlockDAG Climbs to No. 2 on CoinMarketCap Traffic

N
News Editor 01
2026-07-23 23:20:16
The source says SHIB and DOGE are nearing key technical levels, while BlockDAG is drawing heavier attention on the back of mainnet metrics, staking figures, and a limited early trading window.
SHIBDOGEBlockDAGCoinMarketCapaltcoins

SHIB and DOGE are both being framed as breakout candidates, but the source puts heavier emphasis on BlockDAG. According to the article, BlockDAG has become the second-most visited cryptocurrency on CoinMarketCap behind Bitcoin. It also claims the network can process more than 10,000 transactions per second, reach consensus in 2 seconds, and has accumulated over 1.19 billion staked tokens.

SHIB compresses below a defined resistance band

The Shiba Inu setup in the source is centered on a narrow resistance zone. SHIB is described as trading just under $0.00000614 to $0.00000640, an area that has repeatedly capped upside attempts. The article says price is compressing beneath that band in a tight structure, a pattern many traders associate with a possible breakout.

There is a second barrier above it. Beyond the horizontal ceiling, the piece points to a descending trendline that has been in place since September, keeping the broader structure bearish for now. If SHIB were to clear both the horizontal resistance and the longer-term trendline, the article says the move could turn into a momentum rally of roughly 50%. At this stage, that breakout remains unconfirmed.

DOGE watches a trendline as Qubic mainnet launch nears

Dogecoin is presented as another chart-driven trade with an event catalyst close at hand. The source says DOGE was trading near $0.092 on Tuesday, sitting just below a descending trendline that could define the next directional move. A break above that level would be read as a bullish shift.

The article links that setup to Qubic’s Dogecoin mining mainnet launch scheduled for Wednesday. In the source’s wording, that development could increase mining demand, improve network security, and add utility without extra energy use. On the chart, $0.088 is described as holding as support. If DOGE pushes through $0.095, the next upside level mentioned is $0.104, with the 50-day EMA around $0.098 to $0.100 acting as an intermediate barrier.

BlockDAG gains traction on throughput claims and pricing narrative

BlockDAG takes the largest share of attention in the source material. The article says its mainnet has produced millions of blocks and moved more than $1 billion on-chain. High throughput, smart contract support, and single-platform performance are listed as core strengths.

On valuation, the piece states that BDAG is currently priced at $0.40 and has already reached initial market maker targets. It also cites projections calling for a move toward $1, alongside a market cap target of $10 billion. Separately, the article highlights an exclusive early trading window at $0.000022 running until April 8, describing it as 85x lower than the BDAG price on Pionex.

The source also names WEEX, Bifinance, and P2B Exchange as venues supporting BDAG, with the argument that broader access is expanding. To stress the upside case, the article says a move from $0.0005 to $1 would equal a 2000x return. In the structure of the original piece, SHIB and DOGE are portrayed as waiting for technical confirmation, while BlockDAG is presented as already gaining momentum through network metrics, staking size, and its limited-time entry window.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
300

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.