The crypto market is witnessing active movements from altcoins, with Cardano and Ripple standing out. Meanwhile, the BlockDAG project is gaining attention due to significant early-stage successes.
Cardano on the Verge of Breakout
Cardano (ADA) is aiming for a breakout around the $0.88 resistance level. A move beyond this could push ADA towards $1.20, supporting optimistic predictions. The $0.80 support level serves as a solid base for growth, while the $0.96 level continues to act as a barrier for sellers. Without clearing this level, ADA risks reverting back to $0.88 or even $0.82.
Ripple and Elliott Wave Analysis
Ripple (XRP) remains steady near $2.75, supported by Elliott Wave analysis. XRP may be finishing its Wave (2) correction and transition into a Wave (3), which often brings sharp increases according to Elliott theory. Support between $1.94 and $2.00 keeps the bullish sentiment alive. Traders are watching $3.50, $5.50, and $7.00 levels as potential check-in points before aiming for new highs.
BlockDAG Moves Forward Confidently
BlockDAG (BDAG) is rapidly gaining market recognition with nearly $403 million raised in its presale. Batch 30 coins are priced at $0.0013, and a launch price of $0.05 is confirmed. A key driver behind BlockDAG's success is the upcoming Deployment Event in Singapore, which highlights the transition from presale activities to real traction. The increase in miner shipments to over 130 countries has helped boost interest in the project.
Amid the positive dynamics from Cardano and Ripple, BlockDAG is showing impressive progress in expansion and investment attraction. Further updates and market events are expected to elevate interest in these projects.
