XRP News Today: Shiba Inu Holds Key Support as XRP Bounces 3% and BlockDAG Hits $370M Presale

Shiba Inu (SHIB) remains within a consolidation phase above critical support at $0.000012, maintaining its position within a $0.000011 to $0.000012 range [1]. Analysts are closely watching potential breakout levels at $0.000014, $0.000018, $0.000021, and ultimately $0.000025, with the 50-day simple moving average reclaimed and the RSI stabilizing [2]. The asset’s on-chain data shows a steady holder base of 1.41 million addresses, reflecting long-term commitment despite recent sideways movement.

Meanwhile, XRP has rebounded from a two-week pullback, rising 3% in the last 24 hours and holding above the $2.65 support level [3]. Analysts are forecasting a potential climb toward $5 within 4–8 weeks, assuming current momentum persists [4]. Positive macroeconomic factors, including a potential weakening of the U.S. dollar and regulatory developments for stablecoins, have contributed to the optimism [5]. Technically, XRP’s breakout from a bull flag and a bullish engulfing candle on the daily chart signal reversal potential and increased buying strength.

BlockDAG (BDAG) is capturing attention with the launch of its Dashboard V4, which introduces interactive tools such as real-time price charts, live order books, and referral tracking [6]. This enhanced user experience coincides with the project’s $370 million presale milestone, with over 25 billion tokens sold across 29 batches [7]. Batch 29 tokens are priced at $0.0276, and early Batch 1 investors are projected to see a 2,660% return, assuming the confirmed $0.05 launch price [8].

The platform’s functional ecosystem is further supported by mining products such as the X10 unit and X1 mobile app, which generate BDAG without requiring technical expertise [9]. Collaborations with sports teams like the Seattle Seawolves and Seattle Orcas add visibility through NFTs, fan tokens, and interactive features [10]. With 20 confirmed exchange listings and over 2.5 million X1 app users, BlockDAG is building a robust foundation before its official launch.

The convergence of technical price action and product-driven growth across SHIB, XRP, and BlockDAG is reshaping opportunities for traders and investors [11]. SHIB’s structured consolidation, XRP’s recovery, and BlockDAG’s platform enhancements each present unique scenarios for potential upside, supported by both market sentiment and functional development [12].

Source: [1]https://coinmarketcap.com/community/articles/689aa1311f3a5b4dc5e17fc7/