This week the crypto market draws attention for both positive and negative reasons. XRP continues to decline, while Tron strengthens its position due to network activity.
XRP Price Crash
The XRP selloff was triggered by liquidations and legal ambiguity. The token's price dropped below key support levels, and analysts caution that it could fall to $1.89 if support does not hold. Much depends on news from the SEC case, which has long weighed on XRP’s price action.
Tron's Upward Momentum
Recent price analysis of Tron shows positive trends after Tether minted $1 billion USDT, leading to a spike in daily activity. Active addresses jumped from 2.8 million to 4.6 million, while trading volume surged to $507 million. Tron is currently trading near $0.269, with a reliable support around $0.272.
BlockDAG and its Mobile Mining App
BlockDAG's X1 App gains attention for its user-friendly mining experience. Users can earn cryptocurrency without technical skills or mining rigs. The app has already seen over 2 million downloads, showcasing its popularity. BlockDAG topped $309.5 million in investments and presents potential for long-term growth.
The current crypto market situation illustrates its volatility: XRP's decline and Tron's rise contrast well, while BlockDAG offers a unique alternative with simple cryptocurrency mining.
