The Q4 2024 looks set to see some notable movements as Ripple (XRP) and Rexas Finance (RXS are gaining momentum.
Rexas Finance
Elsewhere, Tron (TRX) might be nearing a cooling-off period toward the end of the year. Let's look at what's behind these forecasts.
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XRP Eyes Breakout Following Prolonged Consolidation
XRP is expected to show a clear breakthrough in Q4 following a prolonged period of price consolidation spanning 540 days. Currently trading at almost $0.59, XRP has increased 11% during the past two weeks. Whales' recent over 380 million XRP accumulation has inspired hope for a price explosion. Often considered a positive indicator, whale activity shows that big holders are shifting their coins into long-term storage, so expressing great market confidence.Once a shadow over Ripple for a few years, the continuous SEC lawsuit is almost resolved and might open the path for XRP to fly. Technical analysts also noted on the price chart a symmetrical triangle pattern that might cause a breakout. Whereas the resistance is $0.62, the present support level for XRP is about $0.48. Should XRP overcome this resistance, bullish momentum could cause a surge to $0.75 or even higher.For XRP in the next market cycle, analysts are now projecting a possible price target between $7 and $10. XRP is positioned to race ahead as we enter Q4 2024 with whale accumulation, technical patterns aligning, and the lawsuit finally nearing a close.
Rexas Finance (RXS)-The Rising Star in Asset Tokenization Targeting a 10x Surge
With projected 10x exponential growth in the next few months, Rexas Finance (RXS) is rapidly becoming a fierce competitor in the crypto field. RXS targets the trillion-dollar real-world asset tokenization sector. It aims to enhance users' ability to tokenize physical objects, including real estate and commodities, and trade them on the blockchain. Both retail and institutional investors are drawn to this creative approach, which helps Rexas Finance to establish itself as a leader in this developing industry.Early buyers of the RXS presale expected large returns as the project entered Stage 3 Presale and raised over $1.6 million. With a price of $0.050 right now, the token is expected to list on exchanges at $0.20, providing a 4x possible gain for early players. Further adding to the platform's appeal are its special tools, GenAI for NFT creation and Token Builder for simple asset tokenizing.
Rexas Finance is positioned to profit from the growing trend in the real-world asset market. With analysts projecting a 10x return and the possibility for even more future gains, RXS could be one of the top-performing tokens in Q4 2024 with its strong presale performance and creative platform.
Tron (TRX) Could Face Resistance in Q4
Tron (TRX) might be going through a cooling-off period in Q4. Tron has performed rather well recently; the price peaked in mid-September at $0.153. After this movement, though, TRX ran against resistance and has since battled to surpass the $0.152 mark. The token might be under more downward pressure in the next months as it consolidates.Tron's growing ecosystem has made it a major rival of Ethereum and Binance Coin. Still, the present technical indicators point to TRX perhaps starting a period of consolidation. TRX has a $0.145 support level; resistance is at $0.152. Should TRX fail to overcome this resistance, the token might experience a retreat to $0.135 or less.Tron's performance will also rely on the general attitude of the market. Although the crypto market has been quite positive after the recent Fed rate reduction, the momentum might not be sufficient to maintain Tron's increasing trend. The decline in open interest in TRX futures also points to investors possibly withdrawing from speculative roles. Tron could cool off as we enter Q4, possibly losing some of the Q3 gains.
Conclusion
While Tron (TRX) may encounter resistance and a period of cooling, Ripple (XRP) and Rexas Finance (RXS) are showing great promise for development as we enter the last quarter of 2024. With price targets of $7 to $10 floating by analysts, XRP's whale accumulation and favorable technical patterns point to a breakout, perhaps just around. With its creative asset tokenizing system, Rexas Finance is also positioned to see notable increases and appeals to investors looking for high-growth prospects.Tron's latest price action, on the other hand, points to possible difficulty keeping momentum in the next months. Investors may have to exercise caution with TRX as the market cools off, given that resistance is at $0.153 and the likelihood of a pullback. While the crypto market is still volatile, XRP and Rexas Finance seem set to sprint ahead, leaving Tron to catch up in Q4 2024.
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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