2024-9-17 20:08 |
There is some activity in the crypto market as some heavyweights emerge with surging momentum. You may have noticed the recent headlines surrounding Ripple (XRP), Ethereum (ETH), and the new boy on the block, Rexas Finance (RXS), all due to their upside prospects. Let’s explore why some analysts believe these tokens might be worth our attention.
Ripple (XRP): Eyeing the $1 Barrier?Ripple (XRP) has recently experienced impressive growth and is currently trading around $0.58. This movement is buoyed by the fact that the coin is maintaining well above the important support zones at $0.40. The benchmark of $0.40 continues to hold firm as a good bottom from where, up to now, it has been easier for XRP to move upwards.
All eyes are now set on a potential breakout above $0.60, with some analysts expecting that trend to serve as a trigger for XRP to move past the $1 territory.
Ethereum (ETH): On Track for a New ATH in Q1?The second largest cryptocurrency by market capitalization, ETH, could break its All-Time High (ATH) in Q1 2025, according to several analysts.
A number of factors have shaped positive sentiments towards Ethereum’s market potential, including the evolution of its ecosystem and some major technical improvements. A predicted bull run towards the end of 2024 could also reinforce this positive sentiment around Ethereum, possibly driving its value to new heights.
Rexas Finance (RXS): Revolutionizing the RWA MarketThe finance holding company Rexas Finance (RXS) is a young disruptor within the sphere of asset tokenization. In the very first week of its presale, Rexas Finance raised nearly $600,000, highlighting the growing interest in this RWA token and underscoring why a number of analysts are indicating their growing confidence in RXS’s growth potential.
In its ongoing presale, RXS tokens have moved from Stage 1 to Stage 2, with the cost of the token now standing at $0.040. This means early-stage investors who bought back at $0.030 during stage 1 have seen a lucrative 33.3% appreciation already. This amazing head start underpins the promise of the project and the fact that investors are positioning themselves ready to catch the next biggest opportunity in the cryptocurrency space.
Rexas Finance aims to democratize the purchase of real estate investments anywhere in the world. Picture being able to buy such real estate in New York, Paris, or Tokyo while sitting in your living room. Because of Rexas Finance’s platform, people can purchase fractional parts of the whole property or equity depending on how much they are willing to invest. The strategy shifts the paradigm from exclusive to inclusive, by enabling middle-income earners to invest alongside high new worth investors.
What This Means for InvestorsThe Ripple story, the narrative of Ethereum, and that of Rexas Finance – they all hold out the possibility of outsized gains according to a growing number of crypto insiders. So, be it the next step by Ripple, be it the next peak by Ethereum, or be it the out-of-the-box thinking Rexas Finance, there are likely to be some solid opportunities for would-be investors during the looming crypto bull run.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
The post Analyst predicts new highs for Ripple and Ethereum, sees RXS gaining ground in RWA market appeared first on CoinJournal.
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