XRP News Today: XRP Drops 2% to $2.28, BNB Rebounds 6% to $672, BlockDAG Presale Gains Traction

XRP, the cryptocurrency associated with Ripple, has stabilized around $2.28 following a slight decline from its recent peak near $2.33. This minor drop has traders closely monitoring the $2.27 support level, as a failure to hold this level could lead to further declines to $2.03 or even $1.76. Momentum indicators remain weak, and recent outflows from XRP-based investment products suggest a cautious stance among buyers. However, if XRP manages to rebound above $2.33, it could reignite bullish momentum and push toward the $2.50 target that many analysts are watching.

Meanwhile, BNB, the native token of the Binance ecosystem, is showing signs of strength after rebounding from a dip below $630. Currently trading near $672, BNB is exhibiting bullish momentum with upward trends in MACD and RSI indicators. Open interest has risen to 3.7 million contracts, supporting the idea of a potential push to $700. Analysts are eyeing mid-range targets between $720 and $825, with some long-term models projecting a rise to $1,000 or beyond. One extended outlook places BNB as high as $2,775 by 2028. The key for BNB is whether bulls can reclaim $700 and establish it as a support level.

In contrast, BlockDAG (BDAG) is emerging as a potential sleeper pick for the year, drawing comparisons to early-stage MATIC. BlockDAG's presale price is set at $0.0020, with a launch target range of $0.05 to $0.10, offering a potential 27x to 55x return before it hits the open market. With over 2 million mobile miners already active and global sports deals in place, BlockDAG is gaining traction quickly. The project has raised over $315 million and sold more than 23 billion BDAG coins. The presale price window is currently open but will increase to $0.0030 before jumping to $0.0276 and eventually moving toward its confirmed listing price of $0.05. BlockDAG is preparing for launch across 20 centralized exchanges and has secured branding deals with Inter Milan and UFC’s Alex Pereira, with a rumored U.S. sponsorship reveal on the horizon.

BlockDAG's real adoption before listing sets it apart from other cryptocurrencies. Over 2 million users are actively mining BDAG through its X1 mobile app, and more than 17,700 physical mining units have been sold. The ecosystem is gaining global traction, and the team is preparing for an official partnership announcement soon. For those looking for early-stage investment opportunities with significant upside potential, BlockDAG stands out as a serious contender, offering a compelling setup before listings even begin.