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Guavy AI Editorial TeamSentiment: -3Clout: 22

Crypto Market Update: XRP, SUI Struggle While BlockDAG Enters Final Six Days

The cryptocurrency market is experiencing mixed trends, with XRP and SUI facing challenges in their price recovery. XRP has been trading between $1.15 and $1.50, with bears dominating since its peak at $2.40 in December. The RSI of 42 indicates weak buying interest.

The supply wall near $1.50 is a major hurdle for XRP, making it difficult for bulls to regain control. Meanwhile, SUI is attempting to form a base after an extended downtrend but faces bearish pressure, with key Fibonacci supports giving way.

BlockDAG, on the other hand, offers a unique opportunity with its direct coin sale entering its final six days. Tokens are priced at $0.0001, and once exchange trading begins on March 4, the fixed price of $0.05 will disappear, creating a potential 500x gap.