Is Ethereum lingering below $1500 while XRP faces resistance at $2.20? Amidst questions about Ethereum (ETH) price trends and continued resistance for XRP, the focus shifts to promising cryptos for 2025.
Meet BlockDAG (BDAG). As other cryptocurrencies grapple with crucial thresholds, BlockDAG has reached an impressive $213M with no venture capital involvement. Keynote 3 not only updated its roadmap but also confirmed BlockDAG’s emergence driven by public support. With 19.1 billion coins already distributed and a 2,380% increase in price from the first batch, its growth is evident. The beta testnet is operational, handling 1.2 million transactions, with more than 100 active nodes, and 800K X1 miners engaged.
BlockDAG’s $213M Raise Without VC Funding!
BlockDAG has successfully raised over $213 million, solely supported by its community, marking a significant milestone in the crypto space. This demonstrates a shift away from traditional funding and towards a community-driven model. With 19.1 billion BDAG coins sold, starting at $0.001 and now at $0.0248, the increase marks a significant 2,380% gain since the initial offering.
The third keynote shed light on the robust interest BlockDAG has garnered. Its beta testnet is active, demonstrating real-world utility, not just theoretical potential. It features over 100 nodes and has processed more than 1.2 million transactions. Additionally, the introduction of tools like the no-code token and NFT creator simplifies asset launching on its network, enhancing accessibility and user engagement.
The hardware rollout is underway with the deployment of X30 and X100 ASIC miners, and over 800,000 users actively using the X1 Miner App. These developments are pivotal in establishing a decentralized network that combines Proof-of-Work security with DAG-based speed and efficiency—a distinctive and operational feature already.
For those considering cryptos for 2025, BlockDAG presents a compelling argument. With ongoing bonuses and plans for listing on 10 exchanges, this period may represent the last chance for early involvement. Don’t overlook BlockDAG at $0.0248, reminiscent of early opportunities in other major cryptos.
Ethereum (ETH) Price Trends Analyzed
The price of Ethereum (ETH) is once again a hot topic after the token saw a slight recovery after four consecutive months in the red. Currently, ETH is fluctuating between $2000 and $210.50, with resistance around $2081 proving pivotal. Bulls are striving to maintain above an upward trendline that began in late 2020. Should they hold this line, ETH could potentially rise to $2500. Conversely, a fall below this support might lead to a decline to $1500.
Experts believe Ethereum’s future prices depend on the bulls overtaking the 200-day EMA and lifting the RSI above 50. Recent events like a massive sell-off by a whale involving 760,000 ETH and the departure of a long-time holder have increased the pressure. Ethereum must overcome the $210.50 barrier quickly to avoid jeopardizing the altcoin season.
Challenges Persist for XRP Amid Resistance Levels
XRP’s attempt to breach the $2.20 resistance level was unsuccessful, and it is currently priced below $2.150. A new bearish trendline is emerging around $2.120, and without increased buying activity, XRP might retreat towards $2.0650 or even lower to $2.00. The 100-hour SMA continues to restrict upward movement, while a sub-50 RSI indicates a lack of strong momentum for now.
On-chain data presents a mixed scenario as some large holders accumulate XRP while others offload their holdings around the $2.20 mark. XRP’s price also remains sensitive to the movements of Bitcoin and Ethereum, positioning it in a critical observation zone. A breach above $2.120 and $2.150 could set the stage for another test of the $2.20 level and a potential advance towards $2.240. However, failing to maintain the $2.10 support could trigger a rapid descent.
The Final Take
Ethereum’s price is still facing challenges, requiring a reclaim of the $210.50 level to prevent further losses. XRP also confronts significant hurdles at $2.20, with potential downside risks if it drops below $2.10. Both cryptocurrencies are at pivotal junctures, with their immediate futures likely influenced by overall market trends.
In contrast, BlockDAG has charted a unique path, proving effective by raising $213M without venture capital support. With over 19.1 billion coins already distributed and a price surge of 2,380% from the first batch, BlockDAG is demonstrating significant progress. The third Keynote highlighted that the network is operational, demonstrating quick growth and high activity. With a live testnet, 800K X1 miners actively participating, and upcoming exchange listings, BlockDAG is positioning itself as the top presale crypto for consideration in 2025. Don’t overlook the opportunity to engage with BlockDAG at $0.0248, akin to missing early opportunities in other major cryptocurrencies.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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