Ethereum (ETH) is gaining momentum against Bitcoin, with analysts predicting a rise to $4,500 as it solidifies its position as the backbone of the DeFi ecosystem.
During this time, Rexus Finance (RXS), a rising DeFi star, is trending as one of the top altcoins with immense growth potential.
Currently, in its 8th presale phase at $0.1, RXS has already raised over $17.67 million and is expected to reach $17.67 million after listing on Tier 1 exchanges.
Backed by certified audits and aiming for leadership over Shiba Inu by 2025, RXS is attracting the attention of savvy investors.
ethereum price prediction
The daily Ethereum price chart shows a clear sell signal indicating an upcoming correction.
This sell signal is in the form of a bearish divergence observed between price and the Relative Strength Index (RSI).
A bearish divergence is formed when the price makes a higher high while the RSI makes a lower high, indicating a lack of momentum supporting an up-trending price.
The result of this non-conformity is a correction.
Given that Ethereum price is currently facing both a descending trend line and horizontal resistance levels as the blockade continues, a short-term correction is likely.
If Bitcoin falls, ETH could follow suit and fall 17% to $2,886. This key support level is a good place for accumulation before Ether starts the next leg up.
The following bounce from $2,886 needs to overcome the $3,500 barrier to climb to $4,000, a key psychological level.
On the other hand, if Bitcoin price fails to break lower and reverse, ETH will appear stronger compared to other altcoins.
It could break above $3,500 and reach $4,000 immediately. This move would invalidate the short-term recovery thesis.
Top trending DeFi altcoin Rexas Finance (RXS) to reach $20
Rexas Finance is the user’s gateway to the future of asset management.
Rexas Finance enables users to digitally hold or tokenize any real-world asset, from real estate to commodities, on a worldwide scale.
With Rexas Finance, users can access a market with infinite asset investment opportunities.
Rexus Token Builder: It is generally used to characterize real-world properties and objects. Making it easier for individuals to gain digital ownership and providing access to the global market.
Rexus Launchpad: The feature helps asset owners raise funds for their tokenized assets, providing liquidity and new investment options for crypto users.
Rexus Estate: One of the most exciting features of the project is Rexas Estate which enables crypto users to co-own real-world assets and earn passive income in stablecoins.
Rexas GenAI and DeFi: It is primarily used by artists who can use Rexus GenAI to develop and tokenize digital artworks, while Rexus DeFi allows users to easily swap digital assets across multiple networks.
Rexus Treasury: A multi-chain yield optimizer that enables users to earn compound interest on their crypto deposits, adding another layer of financial utility to the project.
Additionally, Rexus Finance launched the presale of the native token RXS on September 8, 2024.
The total supply of RXS tokens is 1 billion. The Rexus project has raised more than $17.67 million to date, with 85% of the eighth pre-sale phase completed.
This event is important for the platform as it allows early investors to get involved in a revolutionary solution for RWA tokenization.
Rexus Finance’s $1M giveaway is live, providing early adopters a great opportunity to get involved in the development of the project.
The current token price of $0.1 and the expected listing price of $0.20 indicate a good opportunity for investors.
Additionally, Rexas Finance is listed on CoinMarketCap and CoinGecko.
Furthermore, Rexas Finance (RXS) has the potential to be listed in the top 3 Tier 1 exchanges.
The security of Rexas Finance is validated by a rigorous audit conducted by Certify.
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 around the world.
With Rexas, users gain access to a world where asset liquidity and investment options are limitless.
For more information on Rexas Finance (RXS) visit the link below:
Website: https://rexas.com
Win a $1 Million Giveaway: https://bit.ly/Rexas1M
white paper: https://rexas.com/rexas-whitepaper.pdf
twitter/x: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
Post Ethereum Price Prediction: ETH set to move towards $4500 as it builds momentum against Bitcoin, top trending DeFi altcoin to reach $20 first appeared on Invez
