After an impressive price surge of 450% from $0.53 to $2.92, Ripple (XRP) has garnered significant attention.
Although $XRP has surged significantly, reaching $20 in this cycle appears unfeasible, given the bearish signals and declining network activity. Meanwhile, Rexas Finance (RXS), a new cryptocurrency priced at $1, is poised for a breakout due to its groundbreaking technology and strong presale performance. Below is a detailed study on why RXS may outperform XRP in the race to $20.
XRP's $20 price target: Too ambitious in this cycle
The price forecast for Ripple's XRP is quite optimistic; some market observers believe the price will rise to $20 in this cycle. However, on-chain data and market momentum provide deeper insights that suggest this target may be overly ambitious. Santiment claims that the Network Value to Transactions (NVT) ratio of XRP has reached 477, meaning the market capitalization exceeds the increase in network transactions. Traditionally, such high metrics are associated with overvalued conditions, increasing the likelihood of a market correction. Furthermore, the statistics on Daily Active Addresses per Price indicate a decline in user participation in the XRP Ledger. While the token price has risen, fewer wallet addresses are connecting to the network, decreasing by over 326%. This discrepancy implies that organic user activity does not align with recent price action, raising doubts about the long-term sustainability of the XRP price surge. Technical analysis also indicates bearish momentum. XRP has seen strong resistance around $2.35 before reverting to $2.31. Buying pressure is waning as the Moving Average Convergence Divergence indicator on the 4-hour chart turns negative. XRP's recent consolidation patterns resemble those experienced before sharp declines, increasing the prospects of a pullback to $1.90 in a very pessimistic scenario.
While the long-term growth outlook for XRP remains optimistic, especially considering institutional use cases and progress in the SEC lawsuit, achieving $20 in this cycle seems unrealistic. Instead, this token may face increased volatility and find it challenging to maintain its recent gains in a market with greater fluctuations.
Why Rexas Finance is the only altcoin under $1 that could reach $20 in this cycle
Rexas Finance, a newly launched blockchain company, has emerged as a high-potential altcoin with a strong foundation and a unique trajectory during the presale phase. But what makes RXS, the company's native token, have a clear prospect of reaching $20 in this cycle? What is Rexas Finance? Rexas Finance is a user-centric project that tokenizes real estate, artwork, and commodities, providing unprecedented liquidity and access to illiquid markets. Rexas Finance redefines asset management and trading through smart contracts, blockchain, and AI.
The RXS token presale has been nothing short of extraordinary. Since its launch, the project has raised $33 million by selling 380 million tokens, or about 70% of the total supply. Starting at $0.03, the token is now priced at $0.175 in Stage 11 of the presale.
Rexas Finance has just completed a Certik audit, further enhancing its reliability and security. This audit helps investors trust the platform's smart contracts and overall reliability, minimizing risks and boosting confidence.
Furthermore, RXS has been featured on popular token tracking services CoinMarketCap and CoinGecko, enhancing its visibility. Following the presale, RXS is expected to launch on at least three of the top ten global cryptocurrency exchanges. Such listings often act as catalysts for exponential price increases. For example, coins like Axie Infinity and Solana have seen substantial growth of up to 50 times after being listed on exchanges.
Entering a booming market. The tokenization market for RWA is projected to grow from $50 billion in 2025 to $16 trillion by 2030. With its entry into this field, Rexas Finance is leading a wave of disruption in the cryptocurrency market. This platform is well-positioned to capture a large market share by providing fractional ownership and lower barriers to entry, making RXS a candidate for significant price increases. This tremendous potential makes Rexas Finance a currency to buy before January 2025.
Conclusion
XRP's $20 target may be headline news, but on-chain metrics and bearish signals suggest it will encounter significant challenges in reaching such high prices in this cycle. On the other hand, Rexas Finance stands out as a high-potential altcoin under $1 due to its groundbreaking technology, thriving market, and excellent presale success. Rexas Finance has compelling reasons for exponential growth for investors seeking the next big opportunity, making it a noteworthy cryptocurrency as 2025 approaches.
