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Strategic Forecasts on Crypto Market: Stellar and XRP in Focus

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by Giorgi Kostiuk

7 hours ago


The crypto market is full of significant changes. This article will review the price analysis of Stellar (XLM) and forecasts for XRP.

Stellar (XLM) Price Analysis

Stellar (XLM) recorded a 31% rise in July, bouncing off support at $0.22. The overall strength in the market, particularly due to Bitcoin's rally, contributed to XLM's momentum. However, a key resistance zone between $0.30 and $0.32 may challenge this upward movement. If XLM can close above $0.334 on the weekly chart, it may signal a long-term trend shift.

Optimistic XRP Forecast

XRP managed to break above the $2.36 level, which had held firm for several weeks. As a result, along with its inclusion in the Truth Social crypto ETF, interest in the coin has grown. Current gains have pushed XRP to $2.57, and attention is now on resistance levels around $2.60 and higher. Some analysts predict that XRP could reach the $5 mark if current momentum can be maintained.

BlockDAG's Global Launch: Important Dates

BlockDAG is gearing up for its global launch scheduled for August 11, which has already led to increased presale activity. Currently, BDAG is available at a fixed price of $0.0016, and over $338.5 million has been raised across 29 presale batches. It's expected that at launch, if BDAG reaches its target price of $0.05, this could lead to a 3,025% return for early investors.

The analysis shows that Stellar and XRP are at critical junctures, while the upcoming launch of BlockDAG may intensify market interest. This trend is expected to continue, and time will reveal what changes lie ahead.

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