Shiba Inu (SHIB) Whales Accumulate as Buy Signal Emerges, Rexas Finance (RXS) Piques Interest

Shiba Inu (SHIB), the second-largest meme coin by market capitalization, has recently gained traction as considerable whale activity indicates positive sentiment. With 3.3 trillion SHIB pulled from exchanges and technical indicators aligning positively, SHIB may be primed for a breakthrough rise.

Shiba Inu (SHIB) price analysis indicates a promising rally ahead as key technical indicators and massive whale activity point towards a bullish breakout. Currently trading at $0.00002838, SHIB might be at its cheapest before rallying to a new all-time high.

Shiba Inu Whales Accumulate as Buy Signal EmergesA recent Coinglass on-chain data shows a large outflow of 3.3 trillion SHIB tokens, valued at about $93.3 million, shifting from exchanges to private wallets. This massive on-chain movement indicates a strong buying signal as whales are accumulating SHIB tokens.

Usually, a large outflow of exchange funds is associated with bullish market conditions as it lessens selling pressure, indicating a precursor to higher price momentum.

Shiba Inu price behavior supports this positive sentiment technically. SHIB is currently trading at $0.00002838, approaching a critical support level on an angled trendline. Historically, this level has resulted in big rallies.

According to analysts like PouyanTradeFX, breaking this resistance could propel SHIB to $0.000074, a massive 150% increase from current levels.

Moreover, the Relative Strength Index (RSI) for SHIB is at 52, far below the overbought threshold of 70, indicating that there is still room for more upward movement.

Interestingly, trade volume has also decreased by 30% in the last 24 hours, indicating probable accumulation rather than sell-offs. However, the journey is not without risks.

PouyanTradeFX reports that failure to break the trendline might result in a 62% plunge to $0.000011.

Using a cup-and-handle chart pattern, another expert, “Crypto ELITES,” predicts a long-term surge to $0.00047905, a whopping 1,700% increase.

The move in dominance from Bitcoin to altcoins also bolsters SHIB’s optimistic outlook as capital rotation often fuels meme coin rallies.

Rexas Finance (RXS): The Next Breakout Story?While Shiba Inu piques interest, Rexas Finance has emerged as an attractive investment prospect.

Targeted at tokenizing real-world assets (RWA), the platform provides a whole blockchain ecosystem that enables everyone to access highly valuable assets such as real estate, art, and commodities.

This allows fractional ownership of the once unaffordable assets, providing a low-entry door to the multi-trillion dollar market.

Rexas Finance is making waves in the cryptocurrency sector. The presale has now progressed to stage 10, with each RXS token priced at $0.15.

This marks a continuous trend from early periods as its price appreciated from $0.03 to $0.15. So far, the presale has raised $28.50 million and sold 349 million tokens.

With the final stage price set at $0.175, early investors stand to benefit considerably, especially because RXS is planned to list on at least three top-tier exchanges for $0.20 per token.

The Rexas ecosystem offers innovative tools such as the Rexas Token Builder, which streamlines token production for crypto and NFTs, and the QuickMint Bot, which allows rapid smartphone token generation via Telegram and Discord.

Its AI-powered GenAI platform revolutionizes NFT creation by allowing users to create distinctive, valuable digital products easily.

The platform’s AI Shield provides smart contract security through real-time audits and monitoring, which boosts investor trust.

Crucially, Rexas Finance’s Certik audit strengthens its credibility by highlighting the platform’s solid security structure, which is crucial for both retail and institutional investors.

The RXS token serves as the backbone of this ecosystem, allowing transactions, motivating participation, and driving yield optimization across different chains through the Rexas Treasury.