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XRP and AVAX in the Cryptocurrency Market: Why to Watch BlockDAG

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by Giorgi Kostiuk

5 hours ago


The cryptocurrency market continues to evolve, with XRP, AVAX, and newcomer BlockDAG in the spotlight. XRP appears stable, AVAX tests resistance, and BlockDAG provides an innovative approach to rewards.

XRP Holds Steady

XRP's price remains stable at $2.18, despite attempts to break above $2.22. Support is holding at $2.15, and buyers are eyeing the $2.25 level. XRP is nearing its 200-day EMA at $2.43, which could serve as either a breakout trigger or a limit. Trading volume remains in the range of $3.4 to $4.3 billion, supporting a market cap around $130 billion.

AVAX Faces Resistance

Recent Avalanche (AVAX) market analysis shows the coin trading at $18.14 after an 8% uptick from $16.29. Despite attempts to break through $18.50, bullish trends faced resistance. If AVAX breaks through the $18.50–$19 range, it could return to $20. On the downside, a drop to $15 and possibly $10.50 may follow if support fails.

BlockDAG: Rewards for Activity

BlockDAG presents an innovative approach to rewards by replacing the waiting game with user activity. A total of 100 million BDAG tokens are distributed among those who complete tasks in the testnet, participate in the presale, and refer new users. The system provides fresh opportunities every three months for reaching top positions on the leaderboard.

XRP shows resilience, AVAX is at a crossroads, and BlockDAG opens new horizons for users with its reward system for activity.

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