The crypto market is currently navigating pressures from consolidation and breakout potential. Kaspa and XRP are at critical technical levels, while BlockDAG successfully concludes its presale.
Kaspa: Testing the Breakout Zone
Kaspa (KAS) is trading just below the $0.10 resistance after rebounding from its rising trendline earlier this month. The price holds above the 200-day SMA at $0.0889, forming a symmetrical triangle pattern that reflects bullish momentum but lacks a decisive breakout. At $0.09906, with an RSI of 56.40, most indicators lean in favor of buyers.
The immediate resistance range is $0.10–$0.102, followed by $0.105–$0.110 and $0.118–$0.120 if the breakout is confirmed with strong volume. Support levels stand at $0.089–$0.090, with trendline reinforcement near $0.086–$0.087. Clearing the triangle’s upper boundary could open targets of $0.128–$0.130, and then $0.14–$0.15, while a breakdown below $0.086–$0.089 could send prices toward $0.080 or even $0.074–$0.075.
XRP: Symmetrical Triangle Suggests Breakout Potential
XRP is consolidating within a symmetrical triangle on the 4-hour chart, with resistance at $3.30 and ascending support near $3.20. A move above $3.3072 could pave the way to $3.46, while a drop under $3.20 could trigger declines to $3.1163 or $3.00. Trading at $3.2490, XRP remains above all major EMAs (20/50/100/200), forming a bullish foundation between $3.21 and $3.17.
On August 13, netflows recorded $30.31M in outflows, suggesting some selling pressure. Still, the daily chart remains favorable, with demand zones between $2.90 and $3.00, and major resistance at $3.60–$3.70.
BlockDAG: Successful Presale and Confirmed Listings
BlockDAG’s presale has reached $374.5 million, reflecting strong demand ahead of its official launch. Now in Batch 29 at $0.0276, the price remains below its projected $0.05 listing value, offering early participants a notable potential upside.
A standout feature is Dashboard V4, which delivers a live, exchange-style presale experience. Participants can view real-time BDAG price charts, wallet data, and order books, alongside gamified leaderboards and referral tracking, keeping engagement high before trading begins.
The Referral Program adds further growth momentum, offering a 25% BDAG commission to referrers and a 5% bonus to referred buyers. Importantly, 20 centralized exchange listings, including MEXC, BitMart, Coinstore, LBank, and XT.com, are already secured, ensuring broad liquidity and immediate accessibility after launch.
Kaspa’s test of the $0.10 barrier could lead to a breakout or keep the asset locked in a sideways range. XRP’s symmetrical triangle is preparing for a decisive move, while BlockDAG’s successful presale creates new opportunities for long-term growth in the cryptocurrency space.
