In a volatile cryptocurrency market, three main projects are drawing investors' attention: XRP, Tron, and BlockDAG. Let's examine the current situation and forecasts for these assets.
XRP holds $3 support
XRP has managed to maintain its support at $3 despite the broader market turbulence. U.S. inflation data came in hotter than expected, raising concerns that the Federal Reserve could delay expected rate cuts. This pressure affected the market, with Bitcoin and Ethereum slipping, and XRP falling nearly 5% to $3.12. However, trading volumes surged 30% to $12 billion as participants defended the $3 mark. Analysts are now eyeing $3.40 as a key resistance, which, if broken, could unlock moves towards $4.
Tron metrics show upward momentum
Tron (TRX) is maintaining steady momentum, trading at around $0.357 after a 5.48% gain over the week and nearly 19% over the month. While it saw a slight daily pullback, metrics suggest that TRX has room for further upside. Analysts note that in similar past scenarios, TRX jumped from $0.26 to $0.45. Open Interest has eased from $340 million to $313 million, indicating weaker positions are closing out, but the positive funding rate has remained for four consecutive days. If demand continues, TRX could retest $0.37 and potentially rise to $0.40.
BlockDAG's achievements: new features and partnerships
BlockDAG stands out not just through speculation but by delivering tools and building visibility. With over $380 million raised in presale and a Batch 29 price of $0.0276, its progress is already notable. A standout feature is Dashboard V4, which provides participants with a live trading experience before any listings go live. Global visibility is also growing through sports partnerships, like those with the Seattle Seawolves and Seattle Orcas, adding international exposure. The BlockDAG Ambassador Program is mobilizing community leaders worldwide to enhance outreach and strengthen engagement.
XRP is holding critical support while aiming for higher resistance, Tron shows upward momentum, and BlockDAG is rewriting presale expectations by delivering tools and building community engagement.
