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The transfer of 75 million XRP tokens by major holders has sparked significant speculation among investors. Meanwhile, Ethereum’s price prediction looks bearish as it enters a decline, accompanied by a short-term rising channel. This pattern indicates that Ethereum’s price may continue to drop.
BlockDAG
has added ten new payment methods, fueling investor interest and amplifying the platform’s hype. This expansion enhances accessibility and highlights BlockDAG’s dedication to innovation, further boosting excitement in the crypto community as its presale exceeds $23.3 million.
Ethereum price prediction: Resistance struggle and potential recovery path
In the latest Ethereum price prediction, the cryptocurrency failed to settle above the critical $3,250 resistance level, paralleling a similar downturn seen in Bitcoin. ETH traded below $3,200 and spiked below $3,120, setting a low at $3,113. Although there was a minor rally above $3,200, resistance near $3,240 and $3,250 quickly stifled any gains.
Ethereum is currently below the $3,200 level and the 100-hourly Simple Moving Average. A short-term rising channel with support near $3,170 is forming. Immediate resistance lies near $3,200 and the 100-hourly SMA, with major hurdles at $3,240 and $3,300. A decisive move above these could push Ethereum towards $3,350 and potentially $3,450. Conversely, failing to break $3,250 could trigger further declines towards $3,170 and potentially lower support levels down to $2,880.
XRP Whales trigger market speculation amid Ripple’s ongoing SEC battle
The cryptocurrency scene is abuzz with XRP’s recent movements. Despite a 7 per cent drop last week and an 18 per cent drop over the month, XRP has shown signs of recovery, trading at $0.513 with a 2.32 per cent gain. This follows significant transactions by XRP whales totalling 75 million XRP, sparking diverse speculations among investors.
These movements come amid Ripple Labs’ ongoing legal battle with the SEC, which is expected to heavily influence XRP’s future. Current market sentiment remains bearish, with XRP testing crucial support levels, signalling possible future trends depending on the legal outcomes.
BlockDAG’s rapid expansion: New payment options & real-time development updates fuel growth
Priced at $0.006 during its 10th batch, BlockDAG has significantly impacted the cryptocurrency market, amassing over $23.3 million from the sale of more than 8.5 billion coins. As it progresses towards its final batch of 45, early investors have enjoyed a 50 per cent increase in value with each batch. The projected listing price of $0.05 reflects an impressive 4900% rise from its initial batch, marking BlockDAG as one of the fastest-growing cryptocurrencies.
BlockDAG is broadening its appeal by integrating 10 new payment methods, including popular cryptocurrencies like Shiba Inu, Polygon, and Bitcoin.
This expansion not only improves accessibility but also strategically positions BlockDAG in the crypto landscape, underscoring the platform’s commitment to inclusivity and continuous growth.
Moreover, the BDAG website has recently added a
Dev Releases
page that keeps the community informed about the latest developments and news from the BlockDAG network. This new feature aims to strengthen community ties by offering an in-depth view of the ongoing creation of the future of cryptocurrency, allowing members to witness progress in real time.
Final Say
Amid predictions of Ethereum’s price recovery, the cryptocurrency community is abuzz with the recent movements of XRP whales. BlockDAG’s growth potential is evident with the addition of 10 new currencies, such as Shiba Inu, Polygon, and Bitcoin, to its payment methods.
This milestone underscores its commitment to innovation and forward-thinking. Experts predict BlockDAG’s daily inflows will soar to $5 million, up from the current $1 million, indicating a promising 30,000x ROI potential. BlockDAG proves itself as one of the fastest-growing cryptos.
Join BlockDAG Presale Now:
Website:
https://blockdag.network
Presale:
https://purchase.blockdag.network
Telegram:
https://t.me/blockDAGnetworkOfficial
Discord:
https://discord.gg/Q7BxghMVyu
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