Ethereum continues trading above $2000, while XRP sees significant resistance. BlockDAG unveils new $60K campaign.
Ethereum (ETH) Price Analysis
The Ethereum (ETH) price recently climbed back above $2,000, briefly touching $2,104 before stabilizing near short-term resistance. ETH remains above $2,020 and is supported by a trendline and the 100-hourly Simple Moving Average. To keep climbing, bulls need to push past resistance at $2,080 and $2,100. If they succeed, Ethereum could aim for $2,200 or higher. However, if the move stalls, there’s a risk of a pullback toward $2,025 or even $2,000. If that support fails, ETH could revisit the $1,950 zone in the near term.
XRP Price Analysis
The latest XRP price movement shows the coin finding resistance near $2.50. XRP managed to rise above $2.40 and $2.42 but then slipped below a key support line at $2.43. Right now, if XRP can’t regain momentum and push past $2.48, the next stop could be around $2.40, with further downside toward $2.35. On the flip side, a move above $2.50 could kick off another rally, with $2.55 and even $2.65 possible if buying pressure builds.
BlockDAG Announces $60K Campaign
During the most recent AMA session, BlockDAG announced a $60,000 Incentive Campaign alongside the launch of its Beta Testnet. Participants will be recognized for wallet activity, top BDAG miners, and wallet balances. This approach is a strategic move to test the network’s capabilities under load before the mainnet launch. The presale has already seen over $210 million, with 18.9 billion BDAG coins sold. Price has surged 2,380%, from $0.001 to $0.0248. Such growth is attracting attention from potential buyers, and the campaign aims to test the network in a significant way.
Although Ethereum maintains its price above $2,000, a breakthrough above $2,100 is necessary for further growth. Similarly, XRP awaits a sharp change in momentum to break the $2.48 resistance level. Meanwhile, BlockDAG amplifies its presence with a $60K campaign, preparing for the upcoming mainnet launch.
