This week has been marked by different trends for Ethereum (ETH), XRP, and BlockDAG. Ethereum faces a resistance level, XRP shows sharp fluctuations, and BlockDAG is gaining attention as a new project with significant potential.
Ethereum Price Prediction
Ethereum has recently held above the support level of $3,550 following a dip to $3,369. It is currently trading between $3,600 and $3,750, facing technical resistance at $3,800. Indicators such as the RSI suggest a bullish presence, but not strong enough for a breakout, indicating potential consolidation rather than a sharp rise.
XRP Updates
XRP made headlines this week by briefly surging past the $3.00 barrier amid a significant spike in trading volume. In just 24 hours, XRP surged from $2.92 to $3.05, marking a 4.45% gain. However, XRP faces several risks, including over $2.1 billion in whale liquidations and potential regulatory hurdles.
BlockDAG Rise
While Ethereum and XRP struggle, BlockDAG has emerged as one of the hottest projects in the cryptocurrency space. Currently in its global launch phase, BlockDAG is priced at just $0.0016, significantly lower than its original price. The project ensures scalable performance and compatibility with Ethereum’s Virtual Machine, enabling rapid smart contract deployment. The platform is actively partnering with various sports teams and offering access to mobile applications.
While Ethereum and XRP remain significant players in the crypto market, both are showing signs of slowing momentum. Meanwhile, BlockDAG is demonstrating vigorous development and attracting attention as a potentially profitable asset.
