The Binance Coin and Dogecoin are some of the most popular crypto coins that have plummeted over the last month. Both coins are experiencing signs of exhaustion despite efforts to reclaim major support levels. Binance Coin trades below $850 while Dogecoin is below $0.15.
In contrast, Digitap ($TAP) reports raising over $2.26 million in its ongoing presale. The project states that a temporary 20% introductory discount is available using the code TAPPER20. Some commentators have speculated on significant price appreciation for Digitap, though such projections are uncertain and involve high risk.
Binance Coin (BNB) Starts Uptrend Approaching Key Resistance Levels
Binance coin price is showing signs of a breakout. The CoinMarketCap data shows that the BNB price has hit the support at $800. Should the rebound persist, the Binance Coin price may break higher than $850 and then test the next major resistance of around $900.
The MACD histogram is already showing signs of weakness which supports an uptrend. Meanwhile, CryptoPatel believes that the price of Binance Coin structure still supports a potential rally to $2,300 this cycle.
He suggested that the $500–$700 range may be an area of interest for some traders, though this does not guarantee favorable outcomes. Crypto GVR forecasts that the value of Binance Coins might soar to $1,500-$2,000 soon.
Such potential growth positions it as a top crypto to buy now in this bearish market. Still, analysts believe that Digitap, being a low-cap crypto, might see more upside gains.
Dogecoin Market Activity and Analyst Commentary on Technical Signals
The Dogecoin price has seen a sharp decline in recent days and is currently trading below the $0.150-0.152 area. According to the CoinMarketCap information, the DOGE price has dropped by 8.37% on the weekly chart.
Meanwhile, BitGuru notes that the price of Dogecoin has fallen to the critical $0.13 level, which must hold for an uptrend to occur. A drop below this level would delay the memecoin’s price rebound, the analyst added.
If the level holds, BitGuru forecasts that the Dogecoin price might pump to $0.15–$0.18. Another analyst, Trader Tardigrade, told his followers that a bullish cross is about to happen.
If the pattern forms, he suggested Dogecoin could potentially rise, though this remains speculative. These discussions have led to comparisons with other early-stage projects.
Digitap Presale Activity and Its Cross-Border Payment Use Case
Compared to traditional platforms that are known for slow transactions and high fees, Digitap is building a platform that will make cross-border payments easier for businesses and migrants. It would act as the bridge between crypto platforms like Coinbase, Ledger, Binance, and traditional banking giants like HSBC and Citigroup.
The aim is to allow for smooth interoperability and transfer of both crypto and fiat across borders. The goal is to enable seamless interoperability and cross-border transfer of both crypto and fiat.
The app is now on Android and iOS and is user-friendly. Users are able to send, store and receive fiat and more than 100 cryptocurrencies using the same app. Users can easily swap between currencies in real-time, execute instant cross-border transfers, and monitor transactions with transparent fees.
The project highlights a Visa-branded card feature that enables users to spend supported assets in participating locations.
Digitap’s $TAP Token Performance and Market Commentary
Despite the ongoing market slowdown, Digitap’s crypto presale remains strong in momentum. The platform has sold 137 million coins, and 95% of the second presale round has been completed. The project markets $TAP as a utility-focused token, though participation carries significant risk and outcomes remain uncertain.
The $TAP token is priced at $0.0334 during the presale, according to the project’s disclosures. Meanwhile, new users can get 20% off on their first purchase, which makes it a top crypto to buy now.
USE THE CODE “TAPPER20” FOR 20% OFF FIRST-TIME PURCHASES
Factors Driving Interest in Digitap Among Market Observers
Compared to Binance Coin and Dogecoin, Digitap has shown resilience since the start of the bear market. The project reports that early presale pricing tiers were lower than current tiers, though this does not guarantee future performance. Some online commentators have speculated about significant future price appreciation, though such projections are highly uncertain. The project positions itself as aiming to improve cross-border payment processes, though outcomes are uncertain and involve risk.
Discover how Digitap is unifying cash and crypto by checking out their project here:
Website: https://digitap.app/
Social: https://linktr.ee/DigiTap.app
Win $250K: https://gleam.io/bfpzx/digitap-250000-giveaway
Disclaimer
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Source: https://www.cryptoninjas.net/news/binance-coin-and-dogecoin-face-bullish-pressure-amid-digitaps-significant-inflows/
