Solana's Price Prediction: Bullish Outlook Despite Bitcoin Resistance
Solana (SOL), the fifth-largest cryptocurrency by market cap, has been gaining traction in the market, with a widely followed cryptocurrency trader expressing a bullish outlook. The trader, known as Credible Crypto, believes that Solana has passed the "first test" by bouncing off the "must-hold" level of roughly between $165 and $190 and subsequently reaching a new all-time high of approximately $293.
However, Credible Crypto is hesitant to go long on SOL at current levels due to the Bitcoin (SOL/BTC) pairing. The SOL/USD pair is in price discovery, but the SOL/BTC pair is sitting under a zone of "massive" resistance level at around 0.003 BTC. This resistance zone could either impede Solana's upward movement for a while or cause a "much more significant rejection and pullback."
To turn fully bullish on Solana, Credible Crypto suggests that the 0.003 BTC resistance zone needs to be flipped. If this happens, it would indicate a strong bullish signal for SOL. As of writing, Solana is trading at $237 (0.0022685 BTC).
Rexas Finance: A Hidden Challenger with 30x Rally Potential
While Polygon (POL) and Tron (TRX) are eyeing the $1 mark, another coin, Rexas Finance (RXS), is quietly preparing for a 30x rally. Despite being overlooked, Rexas Finance has been gaining buzz due to its presale performance and lightning-fast roadmap.
Rexas Finance aims to revolutionize the DeFi blockchain industry with unique innovations in staking rewards and governance systems. Its user-friendly approach has analysts expecting a 30x increase in value by 2025 as more people invest in the robust RXS ecosystem. Additionally, Rexas Finance is holding a $1 million surprise investment giveaway, rewarding 20 people with $50,000 worth of tokens each.
Why Rexas Finance Retains Better Chances than POL and TRX
1. Affordability with Potential Upside: Rexas Finance offers target