CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
TimesTabloid 2024-12-26 10:06:10

Solana Flashes First Buy Signal Since the Post-FOMC Meltdown, Ready for a New ATH Alongside XRP and 1 Other Altcoin

Many investors confident in Solana purchased it after the Fed interest rate dipped the price of many top cryptocurrencies, including SOL. Solana’s increasing trading volume signals a new ATH for SOL. However, XRP and RXS, a new altcoin, are also ready to soar and reach all-time highs in the coming days. Solana (SOL): Cryptocurrency With A Bullish Outlook After facing significant losses last week, many investors rushed to buy SOL. The Tom DeMark (TD) Sequential Indicator identified this buy signal as a chance for a bullish reversal. Analysts observe that SOL tested a crucial support zone between $188 and $179. Historically, this level has acted as resistance but now serves as a potential foundation for recovery. Santana, a TradingView analyst, has identified Solana’s ongoing correction as a strategic buying opportunity, emphasizing the coin’s history of higher highs and lows since December 2022. SOL’s price is currently $181, reflecting a 17% decline over the week. Despite the downtrend, data reveals that the asset has seen positive capital inflow since September, with a peak daily inflow of $776 million. This shows enduring interest from both short-term traders and long-term holders. Analysts remain optimistic about Solana’s future. If the current support levels hold, some predict a potential return to its previous swing highs. Market Value to Realized Value (MVRV) ratio further suggests that Solana’s market is far from overheating, leaving room for growth before entering a macro downtrend. Institutions have also grown interested in Solana, especially in Europe, where financial products like Solana Staking ETPs are becoming more relevant. Investors are watching closely for signs of a bullish breakout for SOL, with some analysts estimating a potential rise to $300 soon. Ripple (XRP): Preparing For A Third Wave According to analysts, XRP’s price retesting of $2 signifies the conclusion of its negative second wave in the Elliott Wave cycle. This opens the path for a third wave, with multiple elements driving this optimistic view. The launch of Ripple’s RLUSD stablecoin has been a significant boost, as XRP’s price surged following its release. Additionally, the pro-crypto stance of the US president-elect and Ripple’s financial contributions to his campaign add optimism. Recent regulatory changes, such as Paul Atkins’s appointment and the potential end of the SEC’s appeal against Ripple, support positive market sentiment. The anticipated approval of XRP ETFs also contributes to this outlook. XRP’s technical indicators are also encouraging. Analysts note that the Relative Strength Index (RSI) has room to expand, with two bullish targets at 87 and 96. Furthermore, XRP’s price currently sits above the equilibrium level on the 2-month chart, a position that historically preceded significant price increases. Predictions suggest a rally to $13 could be achievable. XRP’s recent price rebound from $1.95 to $2.35 in the short term highlights its resilience. Whale activity is another bullish indicator, with 80 million XRP accumulated since December 17, signaling strong investor confidence. For sustained upward momentum, XRP must maintain its position above $2.20 and break through the $2.60 resistance level. If it can remain bullish, it could soon reach a new all-time high. Rexas Finance (RXS): The New Game-Changer In The Crypto Market Rexas Finance is quickly becoming the next big thing in the crypto market. It focuses on real-world asset (RWA) tokenization, which positions it as a game-changer in asset management. Using blockchain technology, Rexas Finance transforms assets like real estate and commodities into digital tokens, making them accessible to everyday investors. The platform’s innovative tools further highlight its potential. Products like the Rexas Token Builder and QuickMint Bot simplify token creation, even for non-technical users. Meanwhile, AI-powered features like the Rexas AI Shield ensure robust security, and GenAI helps artists create and market NFTs seamlessly. These tools cater to diverse investor needs, making Rexas Finance an attractive option for a broad audience. Rexas Finance’s presale success reflects its growing momentum. After raising over $32 million and selling over 375 million tokens, the project has already seen a 400% price increase. It’s currently at stage ten, with RXS priced at $0.15. However, it’s closing on a new all-time high at stage eleven. At the next stage, RXS’s value will soar to $0.175, a notable achievement, and the token will launch at $0.20. Analysts predict that RXS will surge to $12 after its launch, representing a 5900% increase. This growth will be fueled by listings on top-tier exchanges, further boosting visibility and accessibility. After undergoing a thorough audit by CertiK, it is currently listed on CoinGecko and CoinmarketCap. Rexas Finance uses an innovative approach and has strong community support. This feature is set to reshape the crypto landscape, making it a significant opportunity for investors looking to invest in the next big thing in digital finance. Conclusion SOL, XRP, and RXS are three tokens on the path to new all-time highs and price surges. For investors trying to earn a lot in the crypto market, Rexas Finance can potentially deliver massive returns on investment. The time to invest is right now, as it sells for $0.15 before it hits a new high. 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 Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Solana Flashes First Buy Signal Since the Post-FOMC Meltdown, Ready for a New ATH Alongside XRP and 1 Other Altcoin appeared first on Times Tabloid .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.