The cryptocurrency market is showing mixed signals, particularly regarding XRP and Avalanche, while BlockDAG is gaining active investor interest.
XRP Price Prediction: Holding Support, but No Breakout Yet
Current predictions for XRP remain neutral, hovering around $3.12. While it maintains support in the $3.00 to $3.14 range, there is little upward momentum. Technical indicators indicate weakness, with multiple failures to break the resistance at $3.30. Prices continue trading under the 30 EMA, and shorter timeframes suggest a loss of structure.
Avalanche TVL Jumps 40%, but User Activity Remains Low
The Avalanche ecosystem recorded a 40% increase in total value locked (TVL) due to DeFi inflows following the Octane upgrade. However, user activity metrics show declines. This disparity between the TVL growth and lack of new user numbers raises questions about whether this rally can be sustained.
BlockDAG's Successful Presale and Growing Interest
BlockDAG has extended its NO VESTING PASS offer until August 4, attracting significant interest from buyers. Participants in this presale will receive full access to their tokens at a locked price of $0.0016. The popularity of this offer has driven total presale funds past $356 million.
XRP remains confined to a narrow price range, while Avalanche shows TVL growth but needs increased user activity to maintain its price rally. BlockDAG is experiencing rapid growth in interest due to the success of its presale.
