Expert Who Predicted Recent DOGS Correction Believes This Cardano (ADA) Alternative Will Hit $2 Within 5 Months, Currently Under $0.20
The post Expert Who Predicted Recent DOGS Correction Believes This Cardano (ADA) Alternative Will Hit $2 Within 5 Months, Currently Under $0.20 appeared on BitcoinEthereumNews.com.
A crypto expert, whose recent YouTube video on the DOGS price correction garnered over 70,000 views, has sparked new interest with his latest prediction. In a fresh video, the expert forecasts that Rexas Finance (RXS), currently priced below $0.20, will surge to $2 within the next five months. With this bold forecast, the expert has brought attention to Rexas Finance, a project that’s bridging the gap between blockchain and real-world assets. DOGS Price Downturn Stirs Market The DOGS token recently experienced a downturn, dropping below the $0.00117 resistance point. Bears took control, pushing DOGS into a downward trajectory below its 50-day Simple Moving Average (SMA). Although the Relative Strength Index (RSI) is showing signs of recovery, currently moving towards neutral territory at 42, DOGS remains in a precarious position. The token’s price could see a short-term rebound if buying pressure persists, but continued bearish sentiment might pull it down to the $0.000880 support zone. Cardano (ADA) Struggles Amidst Volatility Cardano (ADA), another major player in the crypto market, has faced mixed fortunes. After integrating the ASI token into its blockchain, ADA saw renewed interest, especially in the decentralized finance (DeFi) sector. However, despite these developments, ADA’s price fell by 0.49% in the last 24 hours, hovering at $0.3429. Technical indicators remain uncertain, with the Relative Strength Index (RSI) sitting at 48.37, suggesting the market is still undecided. With trading volume also down by 3.16%, ADA needs a significant boost in activity to break through its resistance levels. Rexas Finance Leading the Charge in Real-World Asset Tokenization Rexas Finance (RXS) is capturing the attention of investors with its innovative approach to real-world asset tokenization. The platform enables users to tokenize assets like real estate, gold, and other commodities, providing global access to these traditionally illiquid markets. With a click, investors can…
Filed under: News - @ September 12, 2024 6:26 pm