The cryptocurrency market continues to develop and in the process, companies like Cardano (ADA) and Polygon (POL) have been performing well, which makes them interesting to watch. As for Rexas Finance (RXS), it seems to have some game-changer plans to change the real estate industry through real-world assets’ tokenization. This article focuses on the news about these currencies in question and reveals information about the presale of Rexas Finance.
Cardano (ADA)
According to a recent analysis of TradingShot, a crypto expert, a major bullish signal was discovered with regards to Cardano, suggesting that the cryptocurrency is set for yet another parabolic rally boost. On 24th September, the analyst remarked that ADA is currently one of the few assets in the market that is sending one of the strongest long-term buy signals on a weekly chart. This revelation has created some excitement among investors, some of whom feel that it is now possible to see ADA’s price rise as high as $5. As for the primary factor for the bullish sentiment, the ADA’s 1W Logarithmic Moving Average Convergence Divergence (LMACD) experienced a bullish cross formation, which is the first occurrence of a bullish cross since October 9, 2023. In addition, this shows that the bullish momentum supported by ADA is very firm. Further, the RSI has been ranging from May 2024, which means that Cardano has been below the views of short-term MA50, which is 1W. Comparing the prevailing situation of the global market of Cardano with that from the course of the 2021 bull market, TradingShot has come up with these specific observations. The analyst pointed to the formation of a bullish Megaphone pattern, which coincided with the 1W LMACD bullish cross pattern, which was a precursor to an explosive movement in price levels. It has encouraged TradingShot to become quite bold in its forecasting and ADA is now expected to move much higher from the current $0.38 to a whopping $1 which is great news to the investing public.
Polygon (POL): Reaching New Heights
Further, in another press release, Polygon has unveiled a highly anticipated new network update, which is a step toward the transition up the gradient of moving from MATIC to POL as the main gas and staking tokens of its Proof of Stake (PoS) network. This new approach, which launched on September 4th, is part of a comprehensive strategy aimed at improving the network’s performance and efficiency. This particular action is most likely to cause an uptrend in Polygon’s price because it has suffered declines in recent times and this announcement has got the market very excited. Today POL price is trading at $0.4232, with a small price drop of 3% and price fluctuations. It can be noted that this drop was accompanied by an increase in trading activity as trading volume increased by 40% to reach $203 million. In contrast, the trend follows bitter sentiments due to MACD remaining under the zero line. Blockchain gaming asset POL has been experiencing what is known as the market value to realized value or MVRV ratio, as a trend in the past few months. We explain this decline as being because when the POL token’s value started to decrease, more and more losses were incurred, reaching -20.39 this month. Still, for those who are interested in Polygon, analysts say price resistance of $0.45 can be breached and the man believes he can take on the level of $0.5 with the $1 mark in sight within a few months.
Rexas Finance (RXS): Coming to Make Changes In The Real Estate Industry
As Cardano and Polygon grow in the crypto world, Rexas Finance (RXS) plans to revolutionize the real estate market in asset tokenization. Rexas Finance seeks to level the playing field when it comes to real estate investments, letting low-capital investors join a sector that had been primarily occupied by wealthy investors. They will tokenize these real estate assets, thereby allowing them to provide fractional ownership to their customers, meaning less effort to pull together funds to purchase real estate and thus more liquidity. The market approach eliminates the bottlenecks that exist in real estate via the creation of an ecosystem wherein investment processes will be conducted more straightforwardly with the integration of blockchain technology in real estate trade to increase accountability, safety, and speed. Real estate investment is no longer limited to the traditionally used income, capital, and property appreciation methods. This approach brings new investment opportunities, eliminating some specific problems like high-cost liabilities and inefficient management concerning the length of time it takes to evaluate and complete real estate deals. The current Stage 3 of the presale of Rexas Finance is the phase where the early investors may step in at an attractive price. The presale has met with some level of success, indicating the level of confidence that the investors have in the project. At this time, the price for RXS tokens offered to investors in presale stage 3 is $0.05, which creates a great opportunity for making high profits when the project is up and running in the market. Experts are bullish on the prospects of RXS being able to repay investors six times over at the stage of the project later on. This is very much in line with the wider supply in the market, as with every passing day, projects such as Rexas Finance are drawing attention from both retail and institutional investors in the crypto industry.
Conclusion
To sum up, there are prospects for substantial price fluctuations in Cardano and Polygon, and factors are pointing toward an upsurge towards dollar one and further. At the same time, Rexas Finance is revolutionizing the real estate sector through its unique approach towards asset tokenization. A great incentive for them is that the presale is underway and they can therefore take part in the project, which is likely to be game-changing. The next several weeks may be crucial for all three currencies, making them one of the best to be monitored for improvement.
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
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