This article reviews the current trends in the crypto market, including the rising prices of XRP and Chainlink along with the prospects of the new project BlockDAG.
XRP's Forecast and Resistance
The XRP price forecast indicates that the coin is trading in the $2.90–$3.00 range, aiming for resistance at $3.17. The resolution of uncertainties related to the SEC case has allowed XRP to strengthen its market position. However, maintaining support at $2.90 will be crucial for stability.
Chainlink: Growth Through Partnerships
Chainlink is experiencing significant growth as it moves past resistance at $24. Support from major partnerships and buyback programs is increasing demand for oracle services. It is expected that LINK could reach levels above $30, provided that support is not lost.
BlockDAG: A New Contender
The BlockDAG project has shown activity by attracting over 110,000 users to its test phase and raising $381 million during its presale. With 25 billion coins sold, the project aims for large-scale deployment supported by 4,500 developers.
Market trends indicate an upward trajectory for XRP and Chainlink, supported by a positive sentiment and the active development of new technologies such as BlockDAG. Investors and market participants are turning their attention to these players in the context of future growth and expanding their functionalities.