Ethereum (ETH) has risen again, up 17% this week to $4,488, with some analysts discussing a possible move toward the $6,000 area. Meanwhile, XRP’s RSI crossover is being monitored as a technical signal, with price levels near $3.02 holding amid volatility. Both assets show technical strength, but short-term outcomes can still be influenced by broader market sentiment and macro conditions.
BlockDAG has also drawn attention in recent commentary for its early-stage fundraising and marketing activity. The project says it has raised $420M, lists a “Batch 31” token sale price of $0.0012, and has announced a partnership with the BWT Alpine Formula 1® Team. It has also referenced an “Awakening Testnet” as part of its development progress and reported that nearly 27B BDAG tokens have been sold.
Ethereum Rallies 17%, Eyes $6,000 as Momentum Builds
Ethereum surged about 17% this week to hit $4,488, gaining renewed attention from traders. Volume rose too, up nearly 8% to about $47 billion, signalling stronger market participation. Analysts mark $4,500 as a key resistance zone; a break above it is sometimes discussed alongside potential targets between $4,700 and $6,035, although such levels are not guaranteed.
Technical gauges show strength: the RSI sits at 57, which suggests room to rally without being overbought, and MACD readings support continued upward momentum.
Institutional positioning is also cited by some market observers; one figure circulating in commentary is that firms have added nearly $12 billion to Ethereum holdings. Such estimates can vary by source and methodology, and they do not determine future price performance.
XRP’s RSI Crossover Could Trigger the Next Big Move
XRP is showing a bullish setup as its three-day Relative Strength Index (RSI) crosses upward, a signal that some traders interpret as supportive of rallies. The coin trades near $3.02, holding above the $2.72 support level while testing resistance zones around $3.40 and $3.65.
If momentum continues, traders may look for price to move beyond these levels, alongside changes in trading activity and sentiment. RSI crossovers on higher timeframes can be one of several inputs used in technical analysis, but they do not predict outcomes on their own and can produce false signals.
BlockDAG’s fundraising claims and recent announcements
BlockDAG has positioned its progress around development updates and third-party references. According to the project’s materials, it has raised over $420 million, reported a “Batch 31” token sale price of $0.0012, and referenced activation via a “TGE code.” These details are project-reported and should be independently verified.
The team has also pointed to CertiK verification, hardware-related announcements, and an “Awakening Testnet” as evidence of ongoing work. Separately, BlockDAG has announced a multiyear partnership with the BWT Alpine Formula 1® Team.
The project further states that nearly 27 billion BDAG tokens have been sold and that its ecosystem includes millions of users and thousands of miners. As with any early-stage crypto project, reported metrics and forward-looking statements may change and do not remove risk.
Key takeaways
Recent price action in Ethereum and XRP has been accompanied by technical signals that some market participants track, but crypto markets remain volatile and can reverse quickly. Separately, BlockDAG’s narrative centers on a token sale, development milestones, and a high-profile sports partnership, with most figures coming from project communications rather than independent reporting.
Project website (for reference): https://blockdag.network
Social link (for reference): https://t.me/blockDAGnetworkOfficial
This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned.
