This week, the cryptocurrency market presents a mixed picture, with tokens like PEPE facing challenges and others like XRP showing growth potential.
Whale Activity Impacting PEPE
PEPE's value fell by 8.77% over the past week and 10.40% in just the last 24 hours, attributed to increased whale activity, including a significant Kraken transaction. Indicators like the RSI show weak momentum.
XRP Shows Bullish Signals
XRP is gaining attention as its Super Trend Indicator turned bullish, suggesting potential price increases. This aligns with a breakout from a bullish pennant on charts.
BlockDAG Prepares for Mainnet Launch
BlockDAG raises attention, surpassing $180 million in presales as it prepares for a 2025 mainnet launch. Plans for listings on multiple exchanges are underway.
While PEPE faces market challenges due to whale activity, XRP shows bullish signals. BlockDAG continues to grow steadily with successful presales and strong leadership.