Ethereum Eyes $1,817 Breakout, XRP Mimics 2017 Rally, While BlockDAG Rolls Back Price to $0.0025 in Bold Twist
The post Ethereum Eyes $1,817 Breakout, XRP Mimics 2017 Rally, While BlockDAG Rolls Back Price to $0.0025 in Bold Twist appeared on BitcoinEthereumNews.com.
When the market heats up, charts don’t lie. Ethereum’s bullish triangle is turning heads with a potential move to $1,817, while XRP price action is echoing historic patterns that hint at a possible breakout. Both assets are drawing attention, but it’s BlockDAG that’s adding a strategic twist to its momentum. While ETH and XRP show technical promise, BlockDAG is making headlines for a different reason: slashing its token price to $0.0025 in presale batch 27. This rollback from $0.0248 gives investors a rare second chance at early-stage pricing, setting it apart from top crypto projects approaching critical points. Ethereum (ETH) Price Forecast The Ethereum (ETH) price forecast is gaining traction as a bullish triangle pattern forms on the chart, signaling a potential breakout. Currently, ETH has been consolidating just below the $1,690 resistance, and technical indicators suggest upward pressure is building. Consequently, a clear push above this level could trigger a move toward the $1,817 mark, backed by increasing trading volume and a rising Relative Strength Index (RSI). Moreover, the 50-day moving average is also trending upward, reinforcing positive momentum. If buyers sustain control, the next key resistance level to watch lies near $1,900. On the other hand, failure to break $1,690 might result in a short-term pullback toward the $1,630 support zone. Overall, the current setup presents a cautiously optimistic Ethereum (ETH) price forecast, with market participants eyeing confirmation of a breakout. Therefore, close monitoring of support and resistance levels will be essential in the coming days as ETH inches closer to a decisive move. XRP Price Action Echoes Historic Patterns XRP price action is drawing attention as analysts identify patterns reminiscent of previous significant market movements. For example, crypto analyst RizeSenpai highlights a multi-year consolidation phase in XRP’s chart that mirrors Bitcoin’s behavior from 2015 to 2017. As…
Filed under: News - @ April 27, 2025 5:57 am