XRP News Today: BlockDAG Presale Surpasses $373M as Toncoin Nears Breakout and XRP Risks 45% Drop

The crypto market is witnessing diverging trajectories as BlockDAG's presale accelerates past $373 million and Toncoin inches toward a potential price breakout, while XRP faces a bearish pattern hinting at a steep correction.

BlockDAG (BDAG) has introduced a live trading dashboard ahead of its market launch, a feature that is generating significant pre-launch activity. The dashboard functions like a professional exchange, enabling users to monitor price movements, place orders, and track liquidity. This tool allows participants to familiarize themselves with trading mechanisms and liquidity dynamics before the token's official listing. The presale has already sold 25.1 billion BDAG at the $0.0276 rate in batch 29, reflecting a 2,660% increase from the first batch. Analysts have suggested long-term price targets as high as $5 [2].

Toncoin (TON) is trading between its 100- and 200-day EMAs, with a potential breakout above $3.588 seen as a catalyst for a 20% move toward $4.211. A golden cross between the 50- and 100-day EMAs is anticipated, reinforcing the bullish outlook. Open interest in long positions has risen to 50.43% from 48.71% in a single day, reflecting growing confidence. This optimism is partly attributed to Coinbase Ventures’ disclosed investment in Toncoin [1].

In contrast, XRP faces a technical warning. A bearish divergence on the two-week chart—where price hit a higher high but RSI failed to do so—mirrors a pattern from 2018, which preceded a sharp decline. This setup suggests a potential drop to $1.64, a 45% correction from current levels. However, a successful break above $3.55 with strong volume could still push XRP toward $4.41 or even $5.68, contingent on regulatory developments, whale activity, and consistent buying pressure [2].

BlockDAG’s presale and dashboard initiative stand out in a market often driven by speculative hype. With $7.7 million in miner sales and over 19,250 mining units sold, the project is building dual momentum in both trading and mining readiness. The structured, timed rollout suggests a disciplined approach to launch-day execution.

Toncoin and XRP remain vulnerable to key technical thresholds, while BlockDAG appears to be leveraging a rare combination of scale, innovation, and preparation.

Source: [1]Coinbase Boost Supports Toncoin (TON) Price Forecast.............................(https://cryptonewsland.com/blockdags-373m-presale-heats-up-with-live-trading-dashboard-while-toncoin-eyes-4-2-xrp-risks-45-fall/)