BlockDAG Confirms 5 Listings as it Crosses $251M – 15 More on Deck, While XRP Targets $8 & Stellar Rises

XRP is back in the spotlight as price analysis shows major breakout potential.

BlockDAG Confirms 5 Listings as it Crosses $251M – 15 More on Deck, While XRP Targets $8, & Stellar Rises

The crypto market continues to heat up, with several projects showing promising potential. Among the most discussed topics is XRP, which is major breakout potential in price analysis.

With its latest move, XRP has reached $2.61, drawing attention and raising hopes for a new bullish cycle. This follows a breakout from a long-term wedge pattern, setting the stage for a move towards Fib levels that were previously used during XRP’s 2017 bull market.

At the time, XRP surged from $0.00310 to over $3.40, and applying those Fib extensions to the recent move could lead to interesting implications. If the structure holds, we may see major price targets of $8.40 or even $27, assuming sufficient volume.

But it’s not just XRP that traders are tracking. Stellar (XLM) has also been climbing steadily, continuing to show strength across multiple technical levels.

However, one project is pulling ahead of the crowd with an overwhelming response to its latest announcement. BlockDAG (BDAG) has confirmed the listing of five major centralized exchanges, with the names of 15 more exchanges to be revealed on June 13.

This news sparked a strong response, especially from large buyers, pushing total presale funds past the $251 million mark.

The attention from this announcement drove significant activity as whale buyers moved quickly, and smaller holders followed suit, pushing the total presale funds past $251 million.

This follows the project’s previous update, where it confirmed the first five exchanges to list BlockDAG: MEXC, LBANK, CoinStore, XT.com, and BitMart. These five exchanges are just the beginning, with the names of the remaining 15 exchanges set to be announced on June 13.

This full lineup of 20 exchanges will roll out once BlockDAG reaches its $600 million goal and begins official launch preparations.

The project’s Batch 28 tokens are priced at $0.0262, reflecting a 2,520% increase since Batch 1, which launched at $0.001. However, a limited-time frozen price of $0.002 is available to those who enter the presale now.

With the launch price set at $0.05, many believe the current entry point offers a unique opportunity to join the presale at a lower price.

Moreover, sales of the project’s mining units have crossed the $7 million mark, with 17,525 units sold so far. The combination of exchange listings, presale volume, and limited-time pricing places BlockDAG among the most talked-about crypto launches.

Some analysts are suggesting a $1 target for BlockDAG, making this window, which closes on June 13, a time to keep an eye on.

Enter the BlockDAG presale now

As XRP continues to rise in the market, new price analysis is showing major potential for the coin to continue rallying.

In the latest analysis, one analyst has spotted a chart pattern that could lead to a move towards $8.40, with a more extreme scenario targeting a staggering $27.

This analysis follows XRP’s recent breakout from a long-term wedge pattern, which occurred as the coin surged to a new 2024 high of $2.61.

The analyst began their analysis by highlighting a Fib extension that was used during the 2017 bull market, where XRP famously rose from lows around $0.00310 to highs of $3.40.

Pointing out that the same chart structure is present in the recent market cycle, the analyst stated that applying those Fib extensions to the recent move could lead to interesting implications.

According to their calculations, if the structure holds and we factor in the volume, we may see major price targets of $8.40 or even $27.

Of course, such extreme price targets would require an equal amount of volume and market madness, but the similarity in structure is striking nonetheless.

The analyst concluded their analysis by saying that they will be watching to see if XRP can build enough momentum to revisit those price levels.

With market confidence in cryptocurrencies returning, it seems like we might be entering a phase where strong technical setups could lead to larger moves.

Stellar Remains in Bullish Territory After Weekly 20% Climb

In other crypto news, Stellar (XLM) is also showing bullish behavior as it continues to climb in price.

Over the past seven days, XLM has risen by 20%, reaching a high of $0.3155. This gain has pushed the coin above several key technical levels,