The Bulls Are Back: XRP Eyes $5 Breakout, SOL Targets $500, and RXS Set to Explode 22x by 2025

The bulls are back in the cryptocurrency market and they seem to be in charge of the trend, with the leading tokens of Ripple (XRP) and Solana (SOL)

The cryptocurrency market is seeing a bullish trend with leading tokens like Ripple (XRP) and Solana (SOL) regaining momentum. Both assets are expected to give bullish signals that could lead to significant breakouts, with Ripple aiming for $5 and Solana targeting $500.

While the market's main focus seems to be on these well-known coins, analysts are also highlighting a lesser-known token, Rexas Finance (RXS), which is projected to multiply by an astonishing 22 times by 2025.

Here's a closer look at each asset's price movements and projections:

1. Ripple (XRP) Eyes a $5 Breakout

Currently, XRP is trading around $0.59, just below the immediate resistance at $0.60. Some analysts suggest that the token is forming a symmetrical triangle pattern, a period of consolidation and indecision. Technical analysis usually predicts that this geometric structure tends to break bullish, and XRP seems primed for that direction. Investors are also targeting positive moves as geometric shapes are being formed.

The moving average convergence/divergence (MACD), a technical analysis tool that focuses on the change of momentum, is already signaling a possible upward breakout. The MACD line has crossed above both the signal and the zero line, indicating that short-term momentum is accelerating more than long-term momentum. Traders who might be holding shorts would usually be advised to close them and switch to longs.

Another key factor that supports Ripple's rally is the positive funding rates. As of now, the funding rate for XRP is at 0.0090% and has remained above 0% since mid-September. Positive funding rates imply that more people want to buy long positions than the number of people willing to short the assets, indicating healthy sentiment in the market.

Recently, Ripple managed to move above its 20-day EMA, which is considered one of the critical technical analysis tools due to its capacity to indicate increasing buying pressure and the chances of an upward movement. If the uptrend continues, XRP is likely to break the $0.60 resistance level soon and make new highs toward $5 within a longer time frame. The continuation of the breakout aim may also permit an additional 23% advance to cover and lead the token to $0.73 in the near term.

2. The Price of Solana (SOL) Will Hit the $500 Target

At the same time, Solana (SOL) has been showing a bullish trend with its recent price surge. The token has so far risen to $158, marking a daily uptick of 8% and a monthly gain of 12%. Some believe that this is just the beginning for Solana. The token has garnered considerable interest from experts, some of whom have gone as far as predicting it might spike to $500 shortly.

One major backer who is convinced that Solana can perform well is analyst Joji, who recently assessed the potential of a 379% breakout for the token. Joji's outlook is based on the asset's current accumulation structures, which are comparable to that witnessed during the 2021 crypto bull run, where Solana gained 884% to reach its pinnacle of $260. According to Joji, Solana could recreate the same dynamics at the end of the year, fueled by increasing adoption and growing network usage.

Another analyst, Crypto Anglio, aligns with Joji's optimism, specifically highlighting the increase of Daily Active Addresses for Solana, which peaked at 5.5 million on September 20 for any blockchain network to never get seen for this month. The increased interest in investing in meme coins and non-fungible tokens (NFTs) on the Solana network is also being factored in for a more positive outlook. Due to mounting network activity, and favorable prevailing market conditions, a lot of individuals believe that Solana will achieve a value of $500 before the long-term projection.

3. The Hidden Gem: Rexas Finance (RXS) Set to Explode 22x by 2025

It is understood that Ripple and Solana will remain the talk of the market for some time to come; however, much interest is switching to Rexas Finance (RXS), which is a newcomer in the crypto bandwidth. It has been reported that Rexas Finance is all set to yield 22x gains in 2025 and this will be a hot token to hold.

Rexas Finance is a blockchain-based system developed for the tokenization of real-world assets (RWAs), making it possible for the digitization and trading of tangible items such as land, art, and commodities. This modern solution is becoming more and more popular as investors are looking for opportunities to merge classical finance and new technologies. For instance, Rexas Finance redefines investment management and new liquidity segments thanks to real-world fractionalized asset ownership and

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