The transfer of 75 million XRP tokens by the main holder caused great speculation among investors. On the other hand, Ethereum price prediction looks bearish as it will turn downward with a short-term upward channel. This pattern indicates that Ethereum price may continue to fall.
BlockDAG added 10 new payment methods, increasing investor interest and amplifying the platform's hype. This expansion improves accessibility, highlights BlockDAG's commitment to innovation, and further builds excitement in the cryptocurrency community as pre-sales surpass his $23.3 million mark.
Ethereum Price Prediction: Resistance Struggles and Potential Recovery Paths
The latest Ethereum price forecast shows the cryptocurrency failing to settle above a key resistance level at $3,250, paralleling a similar decline seen in Bitcoin. ETH traded below $3,200, surged below $3,120, and hit a low of $3,113. There was a small rally above $3,200, but resistance near $3,240 and $3,250 quickly capped any gains.
Ethereum is currently below the $3,200 level and the 100-hour simple moving average. A short-term upward channel is forming with support near $3,170. Immediate resistance lies near the $3,200 and 100-hour SMA, with major hurdles at $3,240 and $3,300. A decisive move above these could push Ethereum to $3,350 and even $3,450. Conversely, failure to break out of $3,250 could trigger further decline towards $3,170 and the support level at $2,880.
XRP Whales spark market speculation as Ripple continues its battle with the SEC
The cryptocurrency scene has been buzzing with recent developments in XRP. Despite falling 7% last week and 18% in the last month, XRP is showing signs of recovery and is trading at $0.513, up 2.32%. This follows a massive trade by XRP whales totaling 75 million XRP, causing various speculations among investors.
These moves come amid Ripple Labs' ongoing legal battle with the SEC, which is expected to have a major impact on the future of XRP. Current market sentiment remains bearish, with XRP testing key support levels, indicating a possible future trend depending on the legal outcome.
BlockDAG’s Rapid Expansion: New Payment Options and Real-Time Development Updates Fuel Growth
With the 10th batch priced at $0.006, BlockDAG has made a huge impact on the crypto market, collecting over $23.3 million with the sale of over 8.5 billion coins. The early investor has enjoyed his 50% increase in value with each batch as we move towards the final batch of 45. The expected listing price of $0.05 reflects an impressive 4900% increase from the initial batch, making BlockDAG one of the fastest growing cryptocurrencies.
BlockDAG is broadening its appeal by integrating 10 new payment methods, including popular cryptocurrencies such as Shiba Inu, Polygon, and Bitcoin.
In addition to improving accessibility, this expansion enables BlockDAG's strategic positioning in the cryptocurrency industry and highlights the platform's commitment to inclusivity and continued growth.
Additionally, the BDAG website recently added a development releases page to keep the community informed about the latest developments and news from the BlockDAG network. This new feature aims to strengthen community bonds by providing detailed visibility into the creation of the future of crypto as it is underway, and allowing members to see progress in real time. .
final decision
Amid predictions of a price recovery for Ethereum, the crypto community is excited about the recent moves by the XRP whale. BlockDAG’s growth potential is evidenced by the addition of 10 new currencies to its payment methods, including Shiba Inu, Polygon, and Bitcoin.
This milestone highlights the company's commitment to innovation and forward thinking. Experts predict that his daily inflows to BlockDAG will skyrocket from the current $1 million to his $5 million, which gives him a promising 30,000x ROI potential. is showing. BlockDAG has proven to be one of the fastest growing cryptocurrencies.
Join the BlockDAG presale now:
Website:
https://blockdag.network
Advance sale:
https://purchase.blockdag.network
telegram:
https://t.me/blockDAGnetworkOfficial
discord:
https://discord.gg/Q7BxghMVyu
The above article is an initiative of Consumer Connect.
This article is a paid publication and Firstpost has no journalistic/editorial involvement and Firstpost does not accept any responsibility.
