BlockDAG Presale Hits $212M Post Keynote 3 & Testnet Rollout, While Ethereum Stalls & XRP Charts Bearish
Ethereum (ETH) price is holding its ground above $1,800, but resistance at $1,865 is proving tough to crack, keeping traders cautious for now. While ETH tests its next move, XRP is facing pressure of its own. Recent XRP technical analysis points to a potential breakdown from a head-and-shoulders pattern—something that could drag the price closer to $1.07 if the $2 support doesn’t hold.
ETH and XRP often rank among the top crypto gainers, but those looking for fresh momentum have their eyes on BlockDAG (BDAG). During a headline-making keynote, CEO Antony Turner dropped a string of major updates—one of the biggest being the launch of Beta Testnet V1. The rollout brought so many new tools into the blockDAG’s ecosystem. Just days after the event, BlockDAG’s presale blasted past $212 million, adding even more fuel to the hype.
Can Ethereum Price Break $1,865 or Will Support Be Retested?
The Ethereum (ETH) price is holding above $1,800 despite recent downward pressure, reflecting a cautious sentiment among professional traders. Derivatives data and ETF outflows suggest weak bullish conviction, with key resistance noted at $1,865. While some indicators, such as RSI divergence, hint at a potential reversal, institutional behavior and futures market premiums remain subdued.
The Ethereum (ETH) price must overcome immediate hurdles at $1,865 and $1,890 before targeting $2,000. Until then, the $1,550–$1,600 support zone continues to act as a crucial line of defense, shaping short-term expectations as technical analysts monitor for a more decisive market direction.
XRP Technical Analysis Signals Bearish Shift if $2 Support Breaks
According to a recent XRP technical analysis, the cryptocurrency is nearing a key support level that may validate a head-and-shoulders pattern, often considered a bearish signal. If XRP falls below the $1.90–$2 neckline, analysts suggest the price could drop toward $1.07.
The measure move method estimates this target by calculating the distance from the peak of the head to the neckline. Meanwhile, for a reversal to the upside, bulls must push XRP beyond the $3 mark, which represents a lower high from March. As chart patterns develop, XRP technical analysis continues to point to potential volatility ahead.
Inside BlockDAG’s Keynote 3: Beta Testnet V1 & Presale Spike
BlockDAG’s Keynote 3 didn’t just outline plans—it unveiled a working blueprint already in motion. In a packed segment led by CEO Antony Turner, the spotlight hit Beta Testnet V1, which now runs at double the throughput of its alpha phase.
That performance leap sets a new benchmark for what’s ahead. As Turner put it, this release is “a major step forward in terms of transaction speeds, explorer functionality, and distributed applications,” signaling a decisive shift from roadmap to roll out.
That shift was reinforced by a showcase of live, integrated features now shaping the testnet experience. A redesigned BlockDAG Explorer delivers real-time updates, giving users clearer insights into activity across the network. This visibility supports smoother navigation of the broader system, especially as hands-on testing ramps up.
Supporting that engagement is the new no-code wizard, allowing anyone to create tokens and NFTs using ERC-20, ERC-721, and ERC-1155 standards—no development background is needed.
These tools aren’t launching in isolation. Multiple dApps are already active on the network, available for real-world community testing. To simulate the post-mainnet conditions, BDAG testnet coins are being distributed weekly through a vesting contract.
This approach brings real usage pressure to the system, helping developers fine-tune performance and identify edge cases. Every feature and every interaction is part of a broader effort to validate the full stack before launch.
The keynote’s weight was felt instantly. Following the announcements, BlockDAG’s presale accelerated, driving demand through batch 27. BDAG has now raised $212 million, sold over 19.1 billion coins, and surged 2380% in value—from $0.001 to $0.0248. As analysts update their watchlists for top crypto gainers, BlockDAG’s ongoing rise suggests the keynote wasn’t just an update—it was a market-moving event.
Closing Thoughts
Ethereum (ETH) price is treading carefully, still testing the weight of $1,865 resistance. A clean break above could shift the tone, but for now, uncertainty lingers. The XRP technical analysis leans bearish, as the head-and-shoulders setup continues to loom large, hinting at a deeper pullback if $2 gives way.
BlockDAG, however, isn’t waiting for market signals—it’s already moving. Keynote 3 didn’t just reveal features—it launched a functioning testnet, no-code tools, and a wave of community testing. Since then, its presale has surged past $212 million, and with a 2380% price increase already on record, analysts are beginning to eye much higher targets ahead.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: The text above is an advertorial article that is not part of theccpress.com editorial content. |