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Cryptocurrency News Articles

Dogecoin to $5, XRP to $10, Rexas Finance (RXS) to $15: Prominent Trader Predicts Explosive Crypto Market Growth

Dec 15, 2024 at 04:55 pm

Is the crypto market gearing up for explosive growth? A prominent trader predicts Dogecoin soaring to $5+, XRP hitting $10, and Rexas Finance (RXS) skyrocketing from $0.15 to $15 in an unprecedented timeline.

Dogecoin to $5, XRP to $10, Rexas Finance (RXS) to $15: Prominent Trader Predicts Explosive Crypto Market Growth

A prominent crypto trader has predicted that Dogecoin will soar to $5+, XRP will hit $10, and Rexas Finance (RXS) will skyrocket from $0.15 to $15 in an unprecedented timeline.

With RXS already gaining momentum in its 10th presale stage, raising over $26.65M, and gearing up for tier 1 exchange listings, this forecast underscores its potential as a high-growth altcoin. Will these bold predictions reshape the crypto space?

Dogecoin to $5

Dogecoin price has the potential to test higher levels. Moving out of the oversold zone means that Dogecoin price has gathered enough strength to enter a new bull phase. Historical patterns show that once a cryptocurrency leaves the oversold area, it typically heads towards the overbought zone, with the $5 to $10 range acting as a key target.

Additionally, there has been noteworthy activity from long-term holders, including the recent reawakening of an ancient Dogecoin whale. This address, which held 870,000 DOGE for over 11 years, recently moved its tokens, realizing a 64,249% return on investment.

While this large transaction did not significantly impact price, it signals the reactivation of dormant wallets, indicating confidence in the current market conditions. Larger DOGE investors have been accumulating tokens, expecting the crypto rally to push prices higher soon.

XRP to $10

In less than a month, Ripple (XRP) rallied by nearly 400%, reaching $2.84, a level unseen since 2018. Currently, Ripple is hovering around the $2.44 mark, following a 5% intraday decrease. The string of higher lows that have formed over the past week suggests strong buyer interest as Ripple holders expect an imminent breakout.

Analyst Ali Martinez supports this thesis as he shared a chart reading that shows Ripple’s price moving within a bullish pennant pattern for the third time in a row over the last month. These fractals highlight powerful bullish momentum for Ripple and the next rally seems to be already brewing.

Moreover, big institutional players are already making moves to make a spot XRP ETF a reality. Canary Capital and Bitwise have already submitted their applications with the SEC and approval is pending.

While Ripple’s relationship with regulatory bodies has been rocky, to say the least, this is expected to change soon once Trump takes office. Time and time again, the President-elect has affirmed his pro-crypto stance and plans to overhaul the current regulatory framework that has been suffocating development and impacting Ripple in particular.

Rexas Finance Crypto Price to $15 from $0.15

Rexas Finance is a blockchain-based project that explores the revolutionary potential of real-world assets (RWA) tokenization. As asset management and digital finance go through significant shifts, Rexas Finance will act as a trailblazing project developed to make crypto management and creation simple, especially real-world assets.

Moreover, asset tokenization involves shifting rights to a crypto asset, enhancing any asset to be indicated and traded digitally. More so, the innovation enhances asset liquidity, transparency, and accessibility. All in all, tokenization provides many benefits: it increases liquidity by enabling illiquid assets such as real estate or art to be separated into smaller units, it reduces disturbances like geographic location, and also it enables transparency and security.

Key Features of Rexas Finance

Rexas Token Builder: Crypto users can tokenize their assets easily through Rexas Token Builder. Moreover, it easily eliminates the complexity of coding in the blockchain industry, enabling users to launch tokens in just a minute.

Rexas Launchpad: Users can begin the token funding using Rexas Launchpad. More so, the decentralized launchpad could offer a transparent and secure ecosystem for token sales on many blockchain networks.

Rexas Estate: Users can now invest in real estate with the help of Rexas Finance (RXS). This platform helps crypto users worldwide own real-world properties and earn passive income through stablecoins.

Furthermore, Rexas Finance began the presale of the native token RXS on September 8, 2024. The total supply of RXS tokens is 1 billion. Rexas project has raised over $26.65M until now, with 88% of the 10th presale stage has been over.

This event is important for the platform as it allows early investors to engage in what might turn into a revolutionary solution for RWA tokenization.

Rexas Finance’s $1M Giveaway is live, offering a huge chance for early adopters to join the project’s growth. With a current token price of $0.15 and a projected listing price of $0.20 indicate a good opportunity for investors.

Moreover, Rexas Finance has been listed on CoinMarketCap and CoinGecko. Furthermore, Rex

News source:techbullion.com

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Other articles published on Dec 15, 2024