Amid ongoing volatility in the cryptocurrency market, Litecoin and XRP are exhibiting different trends, while the BlockDAG project is gaining attention with significant strides.
XRP Status Amid Legal Changes
XRP is currently holding steady around $2.17 after a recent spike. This occurs amid potential resolution of legal issues with the SEC. Since the joint motion was filed on June 12, the market has shown heightened interest, potentially providing much-needed clarity for institutional investors and crypto exchanges. The key resistance is at $2.33, and if trading volume continues to rise, XRP may test this level.
Litecoin Technical Analysis and Prospects
Currently, Litecoin is trading in a narrow range between $88 and $93.50, forming a symmetrical triangle chart pattern. The key level to watch is $93.50 — a breakout could push LTC towards $110 in the short term. Technical indicators such as RSI and MACD are signaling neutrality, indicating a potential move on the horizon.
BlockDAG Development and Project Future
BlockDAG has raised over $309.5 million in its presale and is preparing for a public launch. The project is making strong progress, offering 40% of presale tokens for airdrop before launch. Its 6-week execution plan involves the creation of decentralized applications and structuring the market as it approaches exchange listings. Some experts predict that BDAG may reach $1 by 2025 based on current momentum and implementation strategy.
The situation in the cryptocurrency market continues to evolve, and while XRP and Litecoin respond to external contexts, BlockDAG is actively pushing its initiatives, which may become an important factor in the market in the near future.
