Ethereum (ETH), XRP, and BlockDAG Draw Strong Attention
Ethereum (ETH), XRP, and BlockDAG are drawing strong attention this week, though each is charting a different path. ETH is contending with firm resistance at $3,800, signaling a pause in upward drive as short-term traders watch for decisive moves. XRP is hovering above $3.00 after a rare one-minute $33 million trading spike, but heavy institutional sell-offs are tempering optimism. Meanwhile, BlockDAG (BDAG) is gaining rapid traction across the crypto sector, with its presale fixed at $0.0016 until August 11, making it one of the most talked-about projects right now. While Ethereum price prediction models remain cautious and XRP updates face mixed sentiment, BlockDAG’s performance and growth prospects have made it a clear standout for August.
Ethereum (ETH) Price Prediction: Stuck Below Breakout Levels
ETH recently rebounded from lows near $3,369, holding above a $3,550 support base. Current trading remains within the $3,600 to $3,750 zone, but $3,800 is proving difficult to clear. Indicators such as the hourly RSI hint at bullish presence but without strong dominance, suggesting a phase of consolidation over an immediate breakout.
Forecast models show ETH could climb toward $3,880 if momentum and sentiment align, with a stretch goal of $4,120. However, dropping below $3,600 could trigger a slide toward $3,500 or lower. For now, Ethereum remains steady yet lacks urgency for aggressive buying.
With no major catalysts beyond broader market moves, ETH holds its role as a market anchor, but momentum traders may look elsewhere for faster gains.
XRP Update: Above $3 but Facing Headwinds
XRP pushed past the $3.00 mark this week, hitting $3.08 on the back of a record one-minute trading volume of $33 million. In just one day, the price jumped from $2.92 to $3.05, marking a 4.45% gain that briefly made it a trending topic.
Despite the surge, caution remains. Whale liquidations of over $2.1 billion and a TD Sequential sell indicator on the three-day chart point to possible price fatigue. Resistance at $3.09 has halted advances twice this week, with firm support near $2.97.
The mid-August SEC classification decision looms large for XRP’s trajectory. A favorable outcome could bring fresh buying interest, while an adverse ruling might create new hurdles. Until clarity arrives, XRP’s position sits between anticipation and restraint.
BlockDAG: Why It Tops the Trending Crypto List
While ETH and XRP wrestle with technical and regulatory barriers, BlockDAG is accelerating its global presence. Now in its Global Launch phase, BDAG is priced at $0.0016 for Batch 29
