Market Divergence: PEPE and SEI Show Resilience as BlockDAG Nears $440M Presale Milestone

3 hour ago

The cryptocurrency market is experiencing a clear split in momentum, with meme coin PEPE and altcoin SEI demonstrating strength at key support levels, while Arbitrum (ARB) and Chainlink (LINK) face ongoing challenges. PEPE is trading at $0.054756 after a minor 0.6% dip, holding steady near a major support zone that has historically triggered rallies. With an RSI of 34.21 indicating oversold conditions, analysts like Steph Is Crypto highlight a potential 388% upside if momentum strengthens, supported by declining sell pressure and steady community-driven volume.

SEI is stabilizing in its reliable accumulation zone between $0.155 and $0.160, currently priced at $0.1472. Analysts Ali Marteniz and Tanaka note early signs of bottoming, with targets at $0.25 and potentially $0.36 if buyer interest persists. Despite being below all major EMAs, compression patterns suggest a shift toward stabilization.

In contrast, Arbitrum (ARB) struggles near $0.22, well below key moving averages, with bearish momentum tools like RSI and MACD indicating persistent selling pressure. Chainlink (LINK) holds support at $16, with predictions pointing to a slow recovery toward $20 by end of 2025 and up to $35 by 2026, driven by its role in blockchain data oracles.

BlockDAG (BDAG) is advancing with over $437 million raised in its presale, now in Batch 33 at $0.0078 per coin. The project has confirmed miner delivery within 90 days, with over 20,000 X10, X30, and X100 units sold, and an upcoming keynote will outline the updated roadmap. Additionally, the recently activated Beat Vesting mechanism provides more BDAG coins per purchase at no extra cost, bolstering launch momentum. New leadership from Ethereum and Cardano is set to join next week, enhancing credibility as BlockDAG targets a $1 billion+ market cap.