This week stands out with growing interest in cryptocurrencies Shiba Inu and XRP, which are showing potential for significant gains.
Shiba Inu Holds Key Level Aiming Higher
After breaking out from a long-term downtrend that began in 2024, Shiba Inu has maintained its position in a tight range. The current price is $0.000012, up 1% over the past 24 hours but down 7% on the week. Support between $0.000011 and $0.000012 remains strong.
Volume profile data indicates consistent buying activity at these levels. Analysts highlight possible upside targets of $0.000014, $0.000018, $0.000021, and $0.000025 if support continues to hold. Recovery above the 50-day simple moving average adds strength to the bullish case, while the Relative Strength Index returning to neutral suggests the market could push higher again.
XRP Builds Momentum Toward $5
After a two-week pullback, XRP has moved up nearly 3% in the past 24 hours, holding steady above its $2.65 support and currently trading at $2.70. If momentum holds, analysts believe a climb toward $5 within the next one to two months is possible.
Favorable macroeconomic signs are supporting this outlook. Signs of possible U.S. dollar weakness and stablecoin-friendly rules could encourage the use of Ripple USD, raising XRP’s burn rate and transaction activity.
BlockDAG Presale Closing Soon Amid Rising Interest
While SHIB and XRP draw attention through price action, BlockDAG’s strength comes from a limited-time presale phase. The $0.0016 Global Launch price is available until August 11, after which it will rise sharply to $0.0276. Over $368 million has already been raised, and 24.9 billion coins sold, with early buyers seeing 2,660% growth in their holdings since Batch 1. Partnerships with sports teams like Seattle Seawolves and Seattle Orcas are boosting brand exposure.
Shiba Inu’s price stability above key support, along with bullish chart setups, could pave the way to $0.000025. At the same time, XRP’s rebound from major support and favorable economic signals are fueling expectations of a move toward $5. BlockDAG, however, is gaining attention for reasons beyond typical price trends.
