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Crypto Reporter

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Cardano (ADA), Rexas Finance (RXS) Prepare to Explode, While Cup and Handle Pattern Hints at $4000 Price for Solana (SOL)

December 24, 2024 By Crypto Reporter PR

Cardano, Rexas Finance, and Solana are all ready for substantial gains as the crypto market prepares for another rally. Solana’s bullish “Cup and Handle” pattern targets $4000, while Cardano has breakthrough potential. Meanwhile, Rexas Finance builds on its presale success, raising $30.20 million as it approaches exchange listings.

https://twitter.com/rexasfinance/status/1857692542290059502

Rexas Finance Crosses $30 Million as Presale Nears Completion

Rexas Finance (RXS) continues to grab the headlines as it moves through its presale with extraordinary speed. Currently, in Stage 10, the presale has raised $30.20 million and sold 360 million tokens. Investors are buying RXS for $0.15, with the price expected to grow to $0.175 in the coming stages. After the presale, RXS will start on at least three tier-1 exchanges for $0.20 per token, so guaranteeing a seamless entry into the mainstream market. Rexas Finance is a blockchain platform for real-world asset (RWA) tokenation. It connects traditional and digital finance by converting tangible assets such as real estate, art, and financial instruments into tradeable digital tokens. This strategy provides various benefits, including partial ownership, transparency, and accessibility. Rexas Finance’s dedication to openness and security is demonstrated by its passing Certik audit. Certik, a reputable blockchain security provider, ensures that the project’s smart contracts resist flaws, instilling confidence in investors. Furthermore, CoinMarketCap and CoinGecko listings have increased RXS’s visibility, generating significant interest across worldwide marketplaces.

To further engage its growing community, Rexas Finance is hosting a $1 million giveaway, with 20 winners each receiving $50,000 in RXS tokens. This scheme compensates early investors while encouraging widespread use of the token. With a thriving presale, proven security, and continuous incentives, RXS is quickly becoming a market leader in the expanding DeFi scene.

Solana Bullish Cup and Handle Targets $4000

Solana has emerged as a prominent challenger in the altcoin market. Its latest breakthrough, a cup-and-handle pattern, indicates a probable price increase to $4000. The bullish formation, a well-known continuation indicator, is distinguished by a rounded bottom (the “cup”) followed by a consolidation phase (the “handle”) that precedes upward movement. Solana is currently trading at $219, with significant resistance at $225. If bulls can sustain a breakout above this level, SOL will attempt to retest its previous all-time high of $263, set in November 2024. Overcoming this important barrier would pave the way for a strong rally, with $4000 as the next goal.

Short-term technical indicators indicate contradictory signals. The Relative Strength Index (RSI) hovers around 45, indicating neutral momentum, while the MACD suggests modest bearish pressure. However, rising derivatives market activity and increased open interest show investors are becoming more confident. Solana can achieve the $4000 target if it maintains its resilience.

Cardano Expects Santa Claus Rally Breakout

Cardano (ADA) is showing signs of a bullish revival, aided by a unique pennant chart pattern and good market conditions. ADA is trading at $1.06, down 20% from its November record of $1.327, in line with the larger market’s consolidation phase. Despite the dip, Cardano’s technical indicators suggest a possible breakout in the coming weeks. ADA may return to its earlier high after forming a bullish pennant—a vertical spike followed by a symmetrical triangle. A golden cross between the 50-day and 200-day EMAs bolsters bullishness. The $597 million TVL of Cardano’s DeFi ecosystem drives expansion. Rising market demand and Bitcoin’s surge beyond $107,000 could propel ADA to $3, a 150% increase from current levels.

https://x.com/rexasfinance/status/1871307028498685992

Conclusion

Cardano, Solana, and Rexas Finance are poised for rapid growth, propelled by strong technical patterns and ecosystem advancements. Solana’s Cup and Handle pattern targets $400, while Cardano braces for a bullish breakout. Rexas Finance stands out for its outstanding presale success, raising $29.7 million and approaching significant exchange listings. RXS is a top investment prospect in the expanding cryptocurrency industry thanks to its strong security, strategic incentives, and real-world utility.

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: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: Press Releases

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