Many investors are worried about what lies ahead since Ethereum (ETH) selling at $2,676 is down by 48.25% from its high of $4,095 in March 2024. The declining highs and lows of the coin suggest that a bearish influence is building. ETH may collapse more as November 2024 draws near; the next significant support level is $1,600. Though ETH is probably going to see a fall, investors seeking better prospects should take some thought on Rexas Finance (RXS). Rexas Finance is exhibiting positive momentum, unlike ETH, with near-future potential for notable increases. Rexas Finance is priced under $0.08 and is primed to see a surge of 236.44% to $0.2 after it jumped 100% from $0.030 in its presale stage 1 to $0.060 in stage 4.
Ethereum’s November 2024 Bearish Forecast
For months, Ethereum has been under great bearish pressure; as we approach the end of 2024, the market does not offer any indications of relief. ETH lately fell below a critical support level at $2,817; after retesting this level, the price respected it, therefore attesting to the negative attitude. The repeated inability to overcome resistance points to ETH’s declining trend; the next noteworthy support level falls at $1,600. Technical specialists warn that a drop to $1,600 would happen in November should ETH fail much further. Although Ethereum’s foundations are still strong, the present state of the market is greatly influencing the price and hence presents a difficult picture for ETH soon.
Rexas Finance (RXS): A Positive substitute
Rexas Finance (RXS) is becoming a good substitute for Ethereum as it deals with possible negative effects. Having previously seen a 100% increase from its original presale price of $0.030, Rexas Finance is currently priced at $0.060 in its presale stage 4. The real-world asset (RWA) token is becoming more and more valuable; the positive attitude toward it is probably going to last through November 2024. The presale of Rexas Finance has drawn interest for its ability to upset the real-world asset tokenizing scene. By allowing the tokenization of real estate, commodities, and collectibles, among other things, the platform closes the distance between blockchain technology and actual goods. Rexas Finance is positioned as a contender to big cryptocurrencies like Ethereum in this practical use case but with far more long-term development possibilities.
Click Here To Buy Rexas Finance (RXS) Presale
The Future Price Increase of Rexas Finance
Rexas Finance’s presale’s fourth stage is 80.56% filled, hence the token is prepared for yet another price increase. RXS will leap by 16.67% to $0.070, setting a new all-time high once this stage is totally finished. While Ethereum might be falling toward $1,600 in November 2024, Rexas Finance will be enjoying favorable price activity. Beyond November, Rexas Finance is predicted to rise 236.44% as it aims to target $0.20, the launch price by early 2025. Investors who purchase during the presale phases have obvious chances for large gains. Rexas Finance distinguishes itself as a hopeful investment possibility amid a period of uncertainty for ETH with its creative approach to real-world asset tokenization and robust presale performance.
Real-World Tokenization: Rexas Finance’s Specialty
Rexas Finance is a user-friendly and extremely scalable platform since its Token Builder lets people tokenize their own assets without knowing any coding. Though still mostly dependent on distributed finance (DeFi) and NFTs, these real-world use cases provide Rexas Finance with a far higher long-term growth potential than Ethereum. Rexas Finance distinguishes itself even more by not seeking venture capital financing. Rather, the initiative is concentrating on creating a distributed platform whereby individual investors, not major companies gain from its expansion.
Having been listed on CoinMarketCap, where investors may follow its real-time performance, Rexas Finance is also generating waves on big platforms. More focus on the presale, where Rexas has already raised $4,157,775 and sold over 88 million RXS tokens, has come from this transparency. Moreover, the initiative is running a presale giveaway with a $1,000,000 USDT giveaway. Twenty investors will gain $50,000 worth of RXS tokens, therefore motivating investors to get involved before the token’s official introduction.
Rexas Finance Positioned for Expansion while ETH Deals Challenges
Investors should be looking at other options including Rexas Finance as Ethereum gets ready for a possible collapse to $1,600 in November 2024. Rexas Finance is providing significant upside at a period when big cryptocurrencies like ETH are suffering with its present price of $0.060 and expected increase of 236.44% by early 2025. Rexas Finance appeals to investors looking for significant development potential in the crypto industry because of its real-world asset tokenizing use case, strong presale momentum, and lack of venture capital backing.
About Rexas Finance :-
Website: https://rexas.com
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
