Dogecoin (DOGE) remains in focus in the cryptocurrency market, and experts assume an impressive target of 10 USDT by mid-2025. At the same time, there is a rapidly developing contender Rexas Finance (RXS), which foreshadows an incredible 12,000% increase and becomes one of the most popular altcoins.
Dogecoin Maintains Bullish Momentum Amid Key Technical Indicators
Dogecoin is today at 0.45 USDT and actively traded coupled with technical aspects. In November, DOGE had a brilliant increase of 160%, with its maximum of 0.484 USDT in December of the current year. Analysts believe this momentum could push the token to 0.65 USDT by the end of 2024, especially as it remains above the 50-day and 100-day Exponential Moving Averages (EMAs).
Source: X
A recent golden cross formation, where the 50-day EMA crosses above the 200-day EMA, is considered a bullish signal, further reinforcing DOGE’s upward potential. However, as per the Relative Strength Index, an RSI of 70.20 indicates that there can be some resistance formed in the market which in turn might come with correction. If this correction happens, the support levels are believed to be around the 50-day EMA at 0.3297 USDT before the DOGE continues to rally again. Holders are confident that DOGE will mimic the performance of Bitcoin, especially so with last week’s breakout of Bitcoin past the USDT 100k level. Analysts continue to forecast that DOGE might rise to a rate of more than 1 USDT by the end of 2024 and the goal of 10 USDT by mid-2025.
Rexas Finance Presale Nears Milestone With 88.53% Completion
Rexas Finance (RXS) has become one of the main contenders in this space, providing advanced solutions in tokenized real-world assets. RXS presale is now ahead of schedule at stage 10 where the project has sold 88.53% of the target token amount which is equivalent to 26.5 million USDT out of 33.1 million USDT. For the presale stage, the token will be available at 0.15 USDT and will be priced slightly higher at 0.175 USDT in the next stage.
Source X
Rexas Finance has captured the attention of buyers with its recent CertiK audit, which underscores the project’s focus on security and transparency. The token is also on the rise through lists such as CoinMarketCap and CoinGecko. People are interested in its ability to change industries such as real estate, commodities, and art by affording the possibility to make and trade ownership rights to actual tangible assets using blockchain technology.
Market Sentiment Drives Predictions for DOGE and RXS
Dogecoin’s price forecast relies on the general acceptance of digital currencies and the massive base of the core fanbase. It was noted that due to its inflationary tokenomics, its primary has generated discussions among experts with the prevalence of the opinion that the reliance on social activity might slow down the further growth of the asset. However, DOGE’s resilience and its ability to mirror Bitcoin’s performance have kept confidence alive among holders. On the other hand, Rexas Finance is riding on its innovative ecosystem, which includes a staking pool allocation of 22.5% and rewards worth 100,000 USDT for early adopters. The increasing popularity of tokenized assets put RXS in good standing among various cryptocurrencies in the altcoin market. Many analysts think that this firm can climb 12,000% by 2025 if RXS will carry on to grow its environment and hit more achievements.
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
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