A prominent trader predicts the second wave of the bull run, forecasting major price surges across key cryptocurrencies. XRP is expected to hit $6.40, SOL could soar to $620, and RXS is projected to reach $10.75—all within the next 50 days.
XRP to $6.40
XRP price regained upward momentum on Tuesday after anxiety around geopolitical risks had triggered cascading liquidation worth over $1.5 billion across the cryptocurrency markets on December 10. While the likes of Bitcoin (BTC) and Ethereum (ETH) struggle to reclaim the $100,000 and $4,000 resistance levels respectively, XRP has skipped ahead of the market trends briefly the $2.40 territory.
The XPPUSD daily chart above shows how XRP price rebounded 24.7% as is moved from $1.90 to reclaim the $2.41 level briefly on Tuesday, reversing majority of the 28.2% losses recorded during the market crash on December 10. Moreover, XRP is showing strong potential to hit $6.40 within the next 50 days, driven by growing market momentum and increasing adoption. As Ripple continues to expand its use cases and partnerships, the token is positioning itself for significant price movement.
SOL to $620
After narrowly averting the $200 breakdown on Monday, Solana bull traders have rapidly sprung into action, deploying unusually-high leverage on existing LONG contracts, a move that could see them earn amplified profits as demand gradually returns to the crypto markets. Affirming this stance, Coinglass’ Liquidation Map metric tracks the value of leverage LONG vs. SHORT positions currently deployed around the current SOL prices.
As Solana price advances towards $220 resistance on Wednesday, bulls appear to have overpowered SHORT traders over the last 24 hours. As seen above, Solana bulls have deployed $237 million worth of leverage on LONG positions, outpacing the $174.9 million leverage deployed on the corresponding SHORTs contracts by 26%. When long leverage overtakes shorts during a market crash as observed above, it often signals that the bottom might be in. With the majority of active traders now speculating on the upside, Solana price now appears to be on the verge of pivoting towards a major bullish reversal. If the bulls traders make rapid spot purchases, to support their highly-leveraged long-bets, the resulting surge in market demand and liquidity could potentially put the SOL price above the looming $220 resistance level. All-in-all, SOL has the capacity to hit $620 in 50 days.
RXS Crypto Price to $10.75
Rexas Finance is the user’s gateway to the future of asset management. Rexas Finance enables users to own or tokenize digitally any real-world asset, from real estate to commodities, on a worldwide scale. With Rexas Finance, users can gain a market with endless asset investment opportunities. 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 $26.9M until now, with 89% 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, Rexas Finance (RXS) has the potential to be listed on Top 3 Tier 1 exchanges. Rexas Finance’s security is validated by a rigorous audit conducted by Certik. More so, Rexas Finance (RXS) is gaining momentum as its price target surges to $10.75 within the next 50 days.
About Rexas Finance (RXS)
Rexas Finance is the user’s gateway to the future of asset management. Rexas allows users to own or tokenize virtually any real-world asset, from real estate and art to commodities and intellectual property worldwide. With Rexas, users gain access to a world where asset liquidity and investment choices are boundless.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
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