Solana (SOL) May Be Poised for a Rebound as the TD Sequential Indicator Flashes a Buy Signal on Its Daily Chart

Solana (SOL) may be poised for a rebound as the TD Sequential indicator flashes a buy signal on its daily chart.

Cryptocurrency Solana (SOL) may be setting up for a price rally as the TD Sequential indicator flashes a buy signal on its daily chart. This technical tool, designed to identify trend reversals, has marked a potential turning point for the crypto. The signal follows nine consecutive red candles, indicating possible exhaustion in the recent bearish momentum. This buy setup suggests that selling pressure on Solana may have reached its limit, presenting an opportunity for renewed buyer interest.

After the appearance of the TD Sequential buy signal, Solana's price showed a modest recovery, climbing 2.43% on the day to reach approximately $185. While this increase is small compared to its recent decline, it aligns with the indicator’s historical reliability in predicting trend reversals. At the time of writing, SOL trades at $189.

The next key resistance level is $200, presenting the next test for Solana’s recovery. A breakout at this level could signal stronger bullish momentum and pave the way for a return to previous highs.

Several experts have also commented on Solana’s potential upside. Ali Martinez highlighted the TD Sequential appearance as a significant moment for the asset. At the same time, analysts like The Moon Show and Captain Faibik have set mid-term price targets of $330 and $400, respectively. These predictions reflect growing confidence in Solana’s ability to regain upward momentum.

However, it's worth noting that other technical metrics, such as trading volume or resistance breakouts, have yet to confirm Solana's bullish outlook. For now, Solana seems to be promising a bullish turnaround in the near term.

Meanwhile, Rexas Finance (RXS), a rising Solana competitor, has seen fresh interest from big-money investors this week as its presale progresses rapidly. The RXS presale is now in stage eleven, and whales are once again on a buying spree, bagging thousands of tokens.

So far, almost $34 million has been raised, and more than 383 million tokens have been sold. The presale has been hugely successful, with each stage selling out in record time. Ten stages were sold in under four months, and eleven are already on.

The remarkable interest Rexas Finance has been garnering from both small investors and whales showcases strong confidence in Rexas Finance and its ability to revolutionize real-world asset tokenization.

But Rexas Finance doesn't just dabble in real-world asset tokenization. It has created a niche and is focused on transforming it. The project dives deep into finding solutions for long-existing problems in this traditional market. Issues like high cost, illiquidity, and inaccessibility have limited the market's reach.

However, tokenization turns these assets into digital tokens. Thus, these assets will now be available in smaller fractions that cost less. Also, it's now easy to access these assets anywhere worldwide. You can buy a piece of land on another continent from the comfort of your home.

Rexas Finance also goes the extra mile to show its focus on inclusivity by creating powerful tools that provide key benefits through AI technology.

The Rexas Token Builder is its flagship product that allows users to tokenize assets without technical knowledge.

The Rexas QuickMint Bot also allows users to create and deploy tokens from their mobile devices, making the process flexible and comfortable. Rexas GenAI is dedicated to helping NFT creators in different aspects of NFT creation, while Rexas Estate is its tool designed for real estate investment.

Rexas Finance Certik Audit and listing on CoinMarketCap and CoinGecko have also boosted investors' confidence, credibility, and visibility.

In Q1 2025, the RXS token will be listed on several exchanges, including three top-tier ones. As usual, this will provide visibility for the token and expose it to a broader audience.

The token launch could also ignite a rally with bullish momentum. Experts believe RXS can outshine many top cryptos during its launch and deliver remarkable returns. RXS could quickly surge past $5 and rally toward the $10 mark.

With Rexas Finance's strategic position in the RWA market and strong momentum, the narrative creates a positive outlook. It could soon become a key player in decentralized finance (DeFi), contributing to the sector's growth.