Is the 2021 Altcoin Season About to Repeat Itself? What Shiba Inu, Solana, Dogecoin Charts Say; Newcomer Under $0.10 Jumps 100%
The crypto market is buzzing with signs that the 2021 altcoin season might be making a comeback, with Shiba Inu, Solana, and Dogecoin showing bullish chart patterns. Investors are watching closely as these popular altcoins hint at potential rallies. Meanwhile, a newcomer Rexas Finance (RXS) under $0.10 has shocked the market with a 100% surge, drawing attention as the next big opportunity in the altcoin space. Could this signal another explosive season for altcoins?
Shiba Inu (SHIB)
SHIB has been trading within the Symmetrical Triangle pattern on the yearly time frame. The current price is moving towards the breakout zone, indicating the potential for a bullish breakout. Furthermore, the past 10 days have shown consolidation within a defined range, which has also exhibited bullishness within the prevailing trend.
SHIB Price Chart (Source: TradingView)
A long position has already been initiated in anticipation of the breakout. Traders who have not entered yet can consider entering once the breakout above the resistance area at $0.00002954 is confirmed. Our target for this trade setup is set at $0.00003807, representing a favorable upside potential from the breakout level. This target indicates the projected price movement after the breakout occurs. SHIB’s price shows a bearish signal, as SHIB price has dropped 50% since listing, however, its competitor Rexas Finance (RXS) targets to $19.
Solana (SOL)
Solana has evolved as the most promising crypto project with its high-speed transactions and low fees. Moreover, as many developers and most projects shifted to the Solana ecosystem, the network’s infrastructure proceeded to grow with huge adoption.
SOL Price Prediction (Source: TradingView)
Solana’s network outages and the market’s regulatory uncertainties could impact its trajectory. Despite these hurdles, the users’ active development and commitment to enhancing the platform’s resilience suggest a bright future.
Dogecoin (DOGE)
DOGEUSDT has been trading within the Symmetrical Triangle pattern on the yearly time frame. The current price is moving towards the breakout zone, indicating the potential for a bullish breakout. Furthermore, the past 10 days have shown consolidation within a defined range, which has also exhibited bullishness within the prevailing trend.
DOGE Price Chart (Source: TradingView)
A long position has already been initiated in anticipation of the breakout. Traders who have not entered yet can consider entering once the breakout above the resistance area at $0.13 is confirmed. Our target for this trade setup is set at $0.14, representing a favorable upside potential from the breakout level. This target indicates the projected price movement after the breakout occurs. DOGE’s price shows a bearish signal, as DOGE price has dropped 50% since listing, however, its competitor Rexas Finance (RXS) targets to $20.
Newcomer Rexas Finance Under $0.10 Jumps 100%
Rexas Finance is a blockchain-based project that explores the revolutionary potential of real-world assets (RWA) tokenization. As asset management and digital finance go through significant shifts, Rexas Finance will act as a trailblazing project developed to make crypto management and creation simple, especially real-world assets. Moreover, asset tokenization involves shifting rights to a crypto asset, enhancing any asset to be indicated and traded digitally. More so, the innovation enhances asset liquidity, transparency, and accessibility. All in all, tokenization provides many benefits: it increases liquidity by enabling illiquid assets such as real estate or art to be separated into smaller units, it reduces disturbances like geographic location, and also it enables transparency and security.
Key Features of Rexas Finance
Rexas Token Builder: Crypto users can tokenize their assets easily through Rexas Token Builder. Moreover, it easily eliminates the complexity of coding in the blockchain industry, enabling users to launch tokens in just a minute.
Rexas Launchpad: Users can begin the token funding using Rexas Launchpad. More so, the decentralized launchpad could offer a transparent and secure ecosystem for token sales on many blockchain networks.
Rexas Estate: Users can now invest in real estate with the help of Rexas Finance (RXS). This platform helps crypto users worldwide own real-world properties and earn passive income through stablecoins.
Rexas Finance’s $1M Giveaway is live, offering a huge chance for early adopters to join the project’s growth. All in all, the Rexas Finance project has not reached any Venture Capital for funds, instead, the project initiated a presale to raise funds, enabling opportunities for all crypto users all across the world. Furthermore, the presale of RXS tokens began on September 8, 2024, with a total supply of 1 billion tokens. As of now, Rexas Finance has already raised over $3.9M, and 75% of the third stage of the presale has been sold out.
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 worldwide. With Rexas, users gain access to a world where asset liquidity and investment choices are boundless.
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
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
More articles
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
