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Bitcoin Cash Targets $618, BONK Prepares for a Breakout, & BlockDAG Ambassadors Are Already Cashing In

May 2, 2025 By CryptoReporter

While some projects are struggling to maintain momentum, others are quietly building strength through solid technical setups and expanding communities. Bitcoin Cash (BCH) is now holding above its 50-day moving average, a critical line that could open the way for a bigger move higher. At the same time, BONK price analysis highlights a promising setup that might drive a rally toward $0.000016 if resistance breaks soon.

Meanwhile, BlockDAG (BDAG) continues to impress, not just with a presale that’s already hit $224 million but also with the early success of its Ambassador Program. With projections suggesting BDAG could reach $30 by 2030, many early adopters are betting on it as the best-long term crypto to watch.

Bitcoin Cash (BCH) Tests a Pivotal Support Zone

Analysts observing Bitcoin Cash (BCH) note its breakout from a descending channel, often seen as a sign of selling exhaustion. BCH has successfully closed above the 50-day moving average and is currently testing it as fresh support. 

Many believe that staying above this level could set the stage for moves toward $410, $500, and even $618. Volume has increased by 29 percent during this push, suggesting that buyers are starting to return despite broader market caution.

However, slipping back into the old channel would reverse the bullish outlook and put BCH back under pressure. Traders now see the 50-day average as the dividing line, with potential higher highs if it holds.

BONK Price Analysis Highlights a Developing Double-Bottom

Recent BONK price analysis reveals that the Solana-based meme coin is holding firm around $0.000012 after posting an 11 percent gain over the past week. A potential double-bottom pattern is forming, with buyers stepping in twice near $0.0000105, helping to lift prices. Analysts suggest that a close above $0.0000125 could confirm the pattern, opening a path toward $0.000016.

Trading volume nearing $100 million also signals growing interest beyond just large holders. Yet, caution remains: if BONK loses its foothold at recent support levels, the bullish pattern would be invalidated, resetting expectations. Traders are closely watching the descending weekly trendline, with rising volatility likely as the setup nears a decision point.

BlockDAG’s Ambassador Program: Building the Future While Rewarding Early Supporters

BlockDAG (BDAG) continues to build momentum, fueled by a $224 million presale and a fast-growing community. Over 19.6 billion BDAG coins have been sold so far. In batch 27, early buyers already see a 2,380% return while the price remains just $0.0019 for a limited time.

BlockDAG’s Ambassador Program could spark the next growth phase, which turns everyday supporters into active contributors. Participants can earn BDAG coins, exclusive merchandise, and even USDT bonuses by promoting the project, hosting events, and engaging new users.

The program features a tiered structure: Explorers post content and answer questions, Advocates lead meetups and tutorials, and Champions organize regional events, earn travel benefits, and work directly with BlockDAG’s core team. Private channels and workshops ensure ambassadors stay informed and prepared.

Being part of the Ambassador Program also grants early access to new features and updates, positioning participants ahead as BlockDAG pushes toward its mainnet and aims for a top-10 listing. With a $30 price forecast by 2030, many see BDAG as the best-long term crypto, making this an ideal moment to get involved before the next major price jump.

Closing Thoughts

Bitcoin Cash (BCH) is holding a key technical line, offering bulls hope for moves toward higher targets if support holds. BONK price analysis indicates a possible double-bottom formation, but buyers must clear key resistance levels to confirm the next leg up.

However, the most striking development may be BlockDAG’s accelerating growth. With the presale already crossing $224 million and the BDAG price still at $0.0019 for now, the newly launched Ambassador Program is creating new momentum.

With growing rewards, a strong community, and projections pointing toward a $30 valuation by 2030, BlockDAG is quickly positioning itself as the best-long term crypto for those looking ahead. For those thinking about getting involved, the window of opportunity may not stay open for long.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News Tagged With: BlockDAG

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