XRP News Today: BlockDAG Surpasses $363M Presale as XRP and AVAX Target Breakouts Before August 11 Launch

BlockDAG is gaining significant momentum ahead of its scheduled GLOBAL LAUNCH on August 11, with a presale price of $0.0016, significantly lower than its current rate of $0.0276. Over $363 million has already been raised, with 24.7 billion BDAG tokens sold, highlighting strong market interest. Analysts are positioning BlockDAG as a high-upside opportunity in the near-term crypto landscape, especially as it contrasts with other projects that are still waiting for key price levels to break[1].

XRP is currently trading near $3.00, a level that has attracted notable on-chain activity. Over 280 million XRP tokens have been acquired by large holders in recent days, signaling potential accumulation ahead of a possible breakout. Technical indicators suggest a developing Cup and Saucer pattern, a formation that historically precedes strong upward moves. If XRP successfully breaks through $3.65, it could push toward $3.80 and beyond, offering near-term traders a high-upside opportunity. Analysts have noted that a recent 11% pullback has positioned the token favorably for short-term gains[1].

Avalanche (AVAX) is also showing signs of a potential breakout. The token is currently testing the $27 level, a key resistance point that, if breached, could set the stage for a move toward $36. Strong support has been observed around $24.10, where a bullish hammer candle has formed, often a precursor to a reversal. On-chain data shows rising trading volume, and technical indicators like RSI and MACD are showing bullish momentum. If AVAX clears $27 cleanly, Fibonacci projections point toward $33 and $36 as next targets, offering short-term speculators a clear entry window[1].

While XRP and Avalanche are still waiting for key price levels to break, BlockDAG is already delivering tangible results. The current presale entry point remains at $0.0016, which is 93% below the current presale batch price of $0.0276. With over 24.7 billion tokens already sold and demand consistently rising, BlockDAG appears to be outpacing both XRP and Avalanche in terms of early traction. As the August 11 launch approaches, the potential for a sharp price correction increases, making the current presale window a critical moment for investors looking to secure early-stage entry[1].

The current momentum in the market suggests that projects with clear technical setups and strong on-chain activity are attracting increasing attention. BlockDAG’s presale performance, XRP’s accumulation patterns, and Avalanche’s breakout potential each represent different facets of the evolving crypto landscape. For traders and investors, timing remains a crucial factor, and the ability to identify and act on early signals could define returns in the months ahead[1].

Source: [1]BlockDAG Fires Ahead at $0.0016 While XRP Eyes $3.65 and Avalanche Tests $27 Before August 11 GLOBAL LAUNCH (https://coinmarketcap.com/community/articles/68928e12224d8d2a95dd8674/)