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Current Trends in XRP, XLM, and BlockDAG

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by Giorgi Kostiuk

3 hours ago


The crypto market is undergoing rapid changes, and time is limited for decision-making. XRP, XLM, and BlockDAG demonstrate various advantages amidst these changes.

XRP's Price Trend: Signs of Breakout

XRP shows a clear upward trend, drawing interest from traders. Recently, it approached $3.70 in July and is now trading at $3.17. Technical signals suggest the upward movement may continue. The key support is now between $3.05 and $3.10. If XRP holds above that range, it could attempt to retest resistance at $3.79 and possibly break higher. The Relative Strength Index has cooled from a high of 88 to a more neutral 61, which some view as a pause rather than a drop.

Stellar (XLM) Outlook: Turning Point Toward $1.51

Stellar (XLM), often compared to Ripple, saw strong movement in July helping it stand out. It outperformed XRP during the last rally, reaching $0.52, but is currently in a holding phase. Technical signals point to a potential breakout soon. Trader Peter Brandt, known for his skepticism towards most altcoins, has changed his view on XLM, forecasting a possible rise to $1.51, which would be more than five times its current value.

BlockDAG Nears $364.5M as Deadline for $0.0016 Price Approaches

BlockDAG is conducting a structured launch supported by real tools and working systems. The $364.5 million raised shows market positivity. Notably, the price of $0.0016 for the global launch ends on August 11. After that, coins will be priced at $0.0276. The system is already functioning, with the X1 mobile miner app attracting over 2.5 million users.

Currently, XRP is gaining short-term strength, XLM is receiving new attention from analysts, while BlockDAG combines a locked-in pricing edge and confirmed listings. However, future price movements depend on overall market circumstances.

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