Crypto Gloom

Two key factors that could push ADA to $6.28 and Rexas Finance (RXS) from under $0.20 to $21

Cardano (ADA) is poised for potential growth with analysts predicting $6.28 due to future network improvements and widespread adoption of blockchain solutions. Likewise, Rexas Finance (RXS), currently valued at less than $0.20, could surge to $21 thanks to innovative tokenization of real-world assets and increasing traction in the DeFi sector. With both projects focused on scalability and real-world utility, investors see them as promising options with significant upside potential to leverage evolving blockchain and financial needs.

Cardano Value Prediction

Cardano (ADA) managed to break out of its range last week, rising 43.3% from Monday’s low to $0.4587. In fact, according to a recent report, whale trade has also increased by 32%.

ADA price chart (Source: TradingView)

Since August, Cardano has traded within an extended range from $0.313 to $0.394. At the end of September, an attempt was made to break the high and hit $0.418, but was rejected. At that time, Bitcoin (BTC) also faced rejection due to resistance at $66,200.

2 Key Factors That Could Drive ADA to $6.28

1. On November 4th, CMF and MACD did not show any significant capital inflow or bearish momentum. The rapid gains the token has made over the past week have investigators turning their heads. CMF was +0.26, higher than it has been since February. MACD showed strong bullish momentum. Finally, OBV was on the verge of surpassing the regional high, having remained undefeated since August.

2. The liquidation map illustrates the $0.422 and $0.44 levels as places where liquidation levels are quite concentrated. Cumulative short sale liquidation was higher at $0.44. Additionally, a bounce to $0.44 could encourage more traders to take long positions, building liquidity to the south.

2 key factors that could push Rexas Finance (RXS) from under $0.20 to $21

1. Main features

Rexas Token Builder: It is commonly used to tokenize real-world assets and goods. Making it easy for individuals to gain digital ownership and access global markets.

Lexas Launchpad: This feature helps asset owners fund their tokenized assets and provides liquidity and new investment options to cryptocurrency users.

Lexas Estate: One of the most exciting features of the project is Rexas Estate, which allows cryptocurrency users to collectively own real-world assets and earn passive income in stablecoins.

GenAI and the Queen of DeFi: While Rexas GenAI is primarily utilized by artists who can develop and tokenize their digital works, Rexas DeFi allows users to easily exchange digital assets across multiple networks.

Lexas Treasury: It adds another level of financial utility to the project with a multi-chain yield optimizer that allows users to earn compound interest on their cryptocurrency deposits.

2. Low entry point and pre-sale opportunity

RXS is an Ethereum-based ERC-20 token with a total supply of 1 billion RXS tokens. The ongoing RXS token pre-sale is creating a buzz among cryptocurrency investors. The pre-sale of RXS tokens began on September 8, 2024, with a total supply of 1 billion tokens. Currently, Rexas Finance has already raised over $6.5 million and sold out 80% of its fifth pre-sale phase. Rexas Finance (RXS) is listed on CoinMarketCap and CoinGecko. Additionally, Rexas Finance will soon be listed on the top three Tier 1 exchanges. Rexas Finance’s security has been verified through rigorous audits conducted by Certik.

About Lexas Finance (RXS)

Rexas Finance is your gateway to the future of wealth management. Rexas allows users to own or tokenize virtually any real-world asset, from real estate and art to global goods and intellectual property. Rexas gives users access to a world of limitless asset liquidity and investment choices.

To learn more about Rexas Finance (RXS), visit the link below:

Website: https://rexas.com

WIN $1 MILLION PRIZE: https://bit.ly/Rexas1M

white book: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

telegram: https://t.me/rexasfinance

disclaimer: The views and opinions expressed in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered investment advice. Always do your own research before deciding to buy, sell, or transfer any crypto assets. Past returns are not always a guarantee of future returns. ​