XRP is currently trading at $2.12, staying above the important $2.00 support level. It’s up about 3% in the last 24 hours, showing some positive momentum. The coin tested the support zone again but bounced back, which means buyers are still active and willing to step in.
This bounce suggests the market might be starting to recover from the recent downturn. If the buying pressure continues, the market could soon see a relief rally.
According to analyst Egrag Crypto, XRP is currently forming an Ascending Broadening Wedge pattern, suggesting two possible price targets: a decline to $0.65 or a rise to $17. For a bullish breakout, XRP must first close above $3.50. If it reaches the $5 level but fails to sustain above it, this could signal a higher probability of the pattern playing out. A rejection at $5 would likely lead to a retest of the $1.90 level.
A successful breakout above $5, with a follow-through above $6, could drive XRP toward the $17 target within 2-3 weeks. However, the analysis hints at a 70% likelihood of a downside breakout, potentially pushing the price back to $0.65, with only a 30% chance for the bullish scenario. This pattern is not yet fully formed, and key price levels should be monitored closely for confirmation.
Animoca Brands co-founder and executive chairman Yat Siu expects continued growth through 2025 due to a more crypto-friendly regime in the US.
Animoca Brands reported $314 million in bookings for 2024, marking a 12% year-over-year increase.
Bookings is a term commonly used in the gaming sector to represent the sum of revenue and deferred revenue. It includes all payments received and potential sales based on contracts not yet fulfilled.
According to Animoca Brands, its Digital Asset Advisory (DAA) business accounted for $165 million in bookings in 2024, a 116% increase over the previous year. The company’s subsidiaries and incubated projects generated $110 million in bookings, while its investment activities contributed $39 million.
Dogecoin (DOGE) investors are pivoting to a new crypto that is predicted to rocket to 23914% in the next 5 months; this crypto coin has every trader excited due to its focus on a multi-trillion dollar industry, which is Real-world assets such as real estate, gold arts and many more. This crypto coin is Rexas Finance (RXS), and currently, it is in the final presale stage where it has sold almost 90% of its token with the window closing fast and listing around the corner.
Rexas Finance (RXS) Poised for 23,914% Surge as Investors Shift from Dogecoin to RWAs!
Rexas Finance establishes itself as a transformative crypto enterprise by using RWAs to target a vital market segment that remains unexploited primarily. The token’s strategy connects conventional assets to digital economic systems, thus creating an appealing investment opportunity for people who want to grow their value.
The growing investor interest in RXS has created momentum that combines with an exceptional presale performance to drive rapid expansion for the project. The current RXS presale stage 12 has achieved an outstanding milestone by reaching 89.97% of its $56,000,000 funding objective, resulting in $45,965,911. The high level of investor interest in RXS is demonstrated by the quick sell-out of 449,827,268 tokens from the total 500,000,000 token supply.
The current presale price of $0.200 for RXS presents investors with a unique chance to buy before its official $0.25 listing date on June 19, 2025. RXS development tracks directly with the blockchain industry’s growing interest in Real World Asset solutions. The market allows the tokenization of physical assets to create tradable digital tokens that utilize this opportunity.
The process enables real estate investments alongside art acquisitions to become more liquid by creating new market accessibility for these tangible assets. RXS distinguishes itself by building a platform that combines RWAs with the ability to bring together traditional investors and those who work in crypto markets.
Dogecoin enthusiasts who previously invested in the popular token now recognize that RXS offers more promising financial opportunities. Many investors are redirecting their capital into this groundbreaking project based on anticipated exponential token growth according to market predictions. The predicted 23,914% market value increase during the next five months has ignited discussions across crypto communities, driving additional people to explore RXS opportunities. Presale statistics of RXS demonstrate a rising market demand.
The fundraising target at RXS has already reached 89% of its goal, indicating a strong market acceptance. The extensive fundraising amount demonstrates that investors are enthusiastic and confident about this project. Those participating in the presale can lock in their investments before the official launch because the current price is $0.200 with the listing price set at $0.25.
The project benefits from being listed on CoinMarketCap and CoinGecko platforms, which provides extra credibility to RXS. The Certik audit demonstrates Rexas Finance’s dedication toward enhanced transparency and security while assuring investors about token integrity.
As Dogecoin investors pivot towards RXS, the excitement around Rexas Finance(RXS) is palpable, with a prediction of a 23,914% rise, focus on a multi-trillion dollar industry first of its kind, RXS is capturing the attention of many investors. Savvy investors are encouraged to act fast and buy into the presale stage 12, where one RXS is priced at $0.2
The post Dogecoin (DOGE) Investors Are Pivoting to This Crypto Predicted to Rocket 23914% in the Next 5 Months appeared first on Coinpedia Fintech News
Dogecoin (DOGE) investors are pivoting to a new crypto that is predicted to rocket to 23914% in the next 5 months; this crypto coin has every trader excited due to its focus on a multi-trillion dollar industry, which is Real-world assets such as real estate, gold arts and many more. This crypto coin is Rexas …
In the ongoing market uncertainty, Stellar’s native token, XLM, appears bearish and is poised for a price decline due to the bearish price action it has formed on the four-hour timeframe. At the beginning of March 2025, XLM experienced impressive upside momentum, but it later formed a bearish rising wedge pattern.
XLM Technical Analysis and Upcoming Levels
According to expert technical analysis, the asset is currently experiencing a price decline and is at a crucial support level. Based on recent price action and historical patterns, if XLM fails to hold the $0.288 level and closes a 4-hour candle below it, the price could decline by 15% to reach the $0.23 level in the coming days.
In addition to this bearish pattern, XLM’s price began falling after hitting a descending trendline with a strong history of price reversals. However, the asset has formed a bearish engulfing candlestick pattern, which is pushing XLM’s price lower.
Source: Trading View
Current Price Momentum
At press time, XLM is trading near $0.288 and has recorded a 2% price drop in the past 24 hours. Despite the decline, its trading volume has spiked by 25%, indicating increased participation from traders and investors compared to previous days.
Bearish On-Chain Metrics
This bearish price action has been further reinforced by recent activity from whales and long-term holders, as reported by the on-chain analytics firm Coinglass.
$1.40 Million Worth of XLM Inflow
Data from spot inflow/outflow reveals that exchanges have witnessed an inflow of over $1.40 million worth of XLM tokens in the past 24 hours, suggesting a potential sell-off by these holders, which could lead to a price decline in the future.
$3.30 Million Worth of Bearish Bet
In addition to the activity of long-term holders, traders are also following the bearish market sentiment, as they are strongly betting on the downside. Data shows that traders are currently over-leveraged at $0.305 on the upper side and $0.286 on the lower side, both on the verge of liquidation. At these levels, traders have built $3.30 million and $611K worth of short and long positions, respectively.
Source: Coinglass
When combining all these on-chain metrics with technical analysis, it appears that bears are currently dominating, and XLM’s price could see a further decline in the coming days.
The post XLM Price Crash Incoming? Bearish Pattern Spotted appeared first on Coinpedia Fintech News
In the ongoing market uncertainty, Stellar’s native token, XLM, appears bearish and is poised for a price decline due to the bearish price action it has formed on the four-hour timeframe. At the beginning of March 2025, XLM experienced impressive upside momentum, but it later formed a bearish rising wedge pattern. XLM Technical Analysis and …
