Traders Eye XRP Weakness, & Chainlink Eyes $30 Breakout, While BlockDAG’s $433M+ Raise & Coinbase–Kraken Leaks Fire Up the Market

The market’s tone has shifted as XRP (XRP) loses momentum and Chainlink (LINK) nears a potential breakout. XRP's bearish trend became apparent after falling below key moving averages and losing the $2.70 support level. The trend cooled further as large holders reduced their positions, keeping the RSI near neutral-to-weak levels.

Meanwhile, Chainlink’s price is forming a symmetrical triangle, with a move above $23 signaling strength, and a drop below $21.50 raising correction risks. Traders are closely watching both coins for investment cues.

The biggest buzz, however, comes from That Martini Guy’s latest post, suggesting BlockDAG (BDAG) may soon list on top exchanges. Leaked documents revealing a Coinbase MOU and Kraken integration make it clear that BlockDAG’s progress is well beyond speculation.

Leaked Documents Reveal BlockDAG's Solid Progress Toward Exchange Listings

That Martini Guy’s update revealed more than market chatter; it gave the first solid proof of BlockDAG’s progress toward major listings. The leaked files show Kraken’s cooperation deal is finalized, including a 30-day liquidity lock, coin-based marketing effort, and set integration timelines. The Coinbase MOU strengthens this further, detailing internal review stages, BDAG/USDT pair planning, and app-level access once compliance is complete. This clearly points to serious preparation, not hype.

As excitement builds for the next crypto bull run, BlockDAG’s setup looks calculated and well-timed. The presale has now exceeded $433 million, with more than 27 billion BDAG coins sold across 31 batches and over 312,000 holders already on board. The project’s TGE code ensures that late buyers can still access the $0.0015 rate before the launch price at $0.05, showing strong strategic design.

With CertiK and Halborn audits completed, over 20,000 miners sold, and a fully EVM-compatible testnet, BlockDAG’s progress places it ahead of most early-stage projects. These concrete elements make it easy to see why many view BlockDAG as the possible spark for the next market surge. For anyone serious about crypto, this stage could be the turning point before wide exposure begins.

Chainlink’s (LINK) Price Pattern Holds Before the Breakout

Analysts continue to monitor Chainlink’s price pattern, noting a tight symmetrical triangle that’s been forming for months. Resistance sits near $23.18, with strong support at $21.50. A confirmed break above resistance could push LINK toward the $28–$30 range, while losing the base might pull it back near $20.

Current data points to steady accumulation by large holders. Activity from DeFi protocols using Chainlink’s oracle network also remains solid, signaling quiet but firm interest.

Momentum tools such as the RSI and MACD stay in neutral-to-bullish zones, hinting that the next move depends on trading volume. Many traders now see LINK’s pattern as one of the cleanest technical structures in the market. If it clears resistance with volume, it could re-enter the spotlight as a technically strong mid-cap as the next cycle unfolds.

XRP’s Bearish Move Shows Slowing Strength

Experts studying XRP’s bearish move agree that downward momentum has set in since the coin broke below moving averages and its upward channel. Price action now tests the $2.60 area, and sustained selling could bring levels down to $2.00–$2.10.

The RSI is around 40, and a bearish MACD crossover reflects weakening technicals. Open interest in futures has also dropped, showing cautious sentiment from larger market players. Short-term structure appears fragile, leaning toward a neutral-to-negative stance.

On-chain indicators mirror this slowdown. The Spent Output Profit Ratio remains near 1.00, meaning holders are selling around their cost basis. Retail sentiment has softened, and whale activity remains minimal. If XRP closes below current support without a pickup in volume, the price could extend losses toward $1.85–$1.60. A rebound would need a solid break above $2.70, supported by higher volume. Until then, XRP’s tone stays defensive.

Final Considerations

Both the Chainlink price pattern and the XRP bearish move highlight a market split between recovery and caution. LINK shows stability, while XRP faces continued pressure. This contrast underscores how sentiment in major altcoins has shifted: selective strength is rewarded, while weakness is exposed.

In this environment, BlockDAG’s legal groundwork stands out. Verified documents confirming coordination with Coinbase and Kraken, along with liquidity terms and structured rollout plans, demonstrate a project focused on transparency. With over $433 million raised, strong audit backing, and a thriving mining community, BlockDAG combines substance and scale.

As excitement builds for the next bull cycle, BlockDAG’s unique position among layer-1 projects is clear. Its roadmap, compliance, and exchange readiness make it a standout choice for crypto traders who value preparation over speculation.