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Crypto Market Analysis: XRP, Ethena, and BlockDAG's Record Fundraising

Crypto Market Analysis: XRP, Ethena, and BlockDAG's Record Fundraising

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by Giorgi Kostiuk

7 hours ago


The crypto market is not static, and this week brings new opportunities for traders. Analyzing XRP, Ethena, and BlockDAG reveals various trends and potential directions for investment.

XRP Price Forecast: Key Levels to Watch This Week

This week, XRP price has stabilized around $3.01 following recent sharp fluctuations. Traders wait for further indicators on potential moves above $3.20 or below $2.80. If bulls manage to push above $3.20, the next upside targets could be $3.50–$3.66. Conversely, a drop below $2.80 would shift the price forecast toward mid-$2.50.

Ethena (ENA) Whale Activity Grows Despite Price Dip

Despite recent declines of over 5% to around $0.70, large holders of Ethena are demonstrating sustained interest. Data shows large players are acquiring 32 million ENA while moving $24 million off exchanges, often seen as a sign of long-term confidence. Technical indicators confirm that ENA has maintained an ascending trend since July.

BlockDAG: Meet the Team Behind Its $386M Breakout!

BlockDAG's presale has achieved the largest amount raised in years, totaling $386 million and selling over 25 billion coins. This stems from its unique technical solution capable of handling over 15,000 transactions per second. The leadership team, featuring CEO Antony Turner and CTO Jeremy Harkness, combines extensive experience in blockchain and fintech, enhancing trust in the project.

By observing the developments of XRP, Ethena, and the success of BlockDAG, various strategies and investment opportunities can be identified. Attention to whale activities and successful technical solutions may lead to more informed decisions in the volatile crypto market.

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