The crypto market continues to navigate between inflation pressure and strong setups, with three main assets capturing investor attention: XRP, Tron, and BlockDAG.
XRP Holds the $3 Line
XRP has managed to maintain its $3 support level amid market turbulence. Recent US inflation data released in July was higher than expected, creating pressure across assets. XRP dipped slightly to $3.12, but trading volumes surged by 30%, reaching $12 billion. Analysts note that $3.40 could be a pivotal barrier ahead, and breaking through it could lead to $4.
Tron's Technical Picture Points Up
Tron (TRX) is showing positive momentum, trading near $0.357 after gaining 5.48% over the past week and nearly 19% over the month. Though it saw a slight dip in the last session, technical data continues to suggest upward potential. Market activity remains balanced, supporting expectations for further growth.
BlockDAG: Progress and Partnerships
BlockDAG is making significant strides, raising $383 million in the presale and reporting over 25.5 billion coins sold. Its Dashboard V4 and sports collaborations are enhancing visibility, while the Ambassador Program is engaging local leaders to raise awareness and foster community.
XRP is showing resilience at $3 and is poised for higher levels, Tron maintains upward pressure through strong metrics, and BlockDAG is demonstrating visible achievements and community engagement.