These five cryptocurrencies are positioned to surge amid a possible Trump rally, driven by renewed optimism and policy shifts. With the crypto market historically reacting to political changes, this could be the perfect opportunity to capitalize on tokens poised for growth.
Cardano (ADA)
With recent price action indicating encouraging signs of strength and recovery, Cardano looks to be setting itself up for a possible dominant phase on the market. Following a brief decline, ADA has recovered, regaining important support levels and holding steady above the 26 EMA. The ability of ADA to stay above this level indicates persistent bullish momentum, which is frequently a crucial indicator of trend direction. The ADA has risen significantly in recent weeks, surpassing the psychological threshold of $1.00. Investor confidence has increased as a result of this milestone, moving into a critical support area. A possible breakout depends on the asset’s ability to sustain trading volumes during this consolidation phase, which suggests ongoing market interest.
Rexas Finance (RXS)
Rexas Finance (RXS) is on the verge of a massive breakout, with experts predicting a 28X surge. As tokenization and DeFi adoption rise, RXS is positioned to lead the charge. 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 $27.4M ntil now, with 90% 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.
Ripple (XRP)
Ripple price faced resistance around the $2.66 level on December 8 and declined more than 15% the next day. It retested the $1.96 support level on Tuesday and rebounded 8% until Wednesday. However, it declined slightly the next day. At the time of writing on Friday, it hovers around $2.32.
If XRP declines and closes below $1.96, it could extend the decline to retest its weekly support level at 1.40.
The RSI on the daily chart reads 62 and points downwards after rejecting the overbought level of 70, suggesting weakness in bullish momentum. Additionally, the MACD indicator also supports the Ripple price decline. The MACD line shows a bearish crossover on Tuesday, indicating sell signals. Conversely, if XRP rallies and closes above the $2.66 level, it could extend the rally to retest the psychologically important level of $3.00.
Dogecoin (DOGE)
Dogecoin‘s short-term prospects appear bleak based on its recent price movement. The asset is placed in a risky position when it breaks below the ascending channel, which had been a crucial structure sustaining its bullish momentum. Its upward trend may be coming to an end, with this breakdown increasing the possibility of additional losses and making it more difficult for DOGE to get back on track. An important element of Dogecoin’s most recent rally was the ascending channel, which provided a distinct path for expansion and investor confidence. It gets more complicated, though, by the drop beneath this formation. Once an asset leaves such a channel, it usually takes a lot of buying pressure and market interest to re enter it, and DOGE does not seem to have either of these right now.
Solana (SOL)
Solana has launched its first artificial intelligence (AI) hackathon, marking a significant milestone in integrating artificial intelligence with blockchain technology. The event offers over $185,000 in cash prizes to incentivize global developers and innovators to explore AI applications on the Solana blockchain. According to a thread on Solana’s X handle, the AI hackathon will be powered by Send AI with six different tracks on AI agents. The main track by ai16z and Solana Foundation will have developers competing to build the best overall AI Agent product with cash prizes of $30,000, $20,000, and $10,000 serving as rewards for the best three AI agent products.
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
