What's Happening to Ripple (XRP)? Can XRP Ever Return to Its 2018 Highs?

October 20, 2024
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3 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

Although XRP from Ripple has long been a main participant in the cryptocurrency market, it has lately suffered to restore its previous grandeur. XRP is currently caught in a volatility pattern and finds it difficult to pass the crucial $0.60 resistance level. Though brief rebounds, XRP's price sank to $0.54, a 6.45% reduction over the past month. Particularly given the legal uncertainties surrounding Ripple's continuous dispute with the SEC, many XRP holders are left wondering if the token can ever reach its 2018 all-time high (ATH) of $3.84. Other initiatives, such as Rexas Finance (RXS), are flourishing and giving investors more instant chances for expansion. Rexas Finance has been roaring since the start of its presale and is set for enormous gains when XRP struggles. Rexas Finance is predicted to hit $5 before XRP does; hence, it is a desirable choice for investors looking for fast returns even if XRP's future is unknown.

Legal Problems And Price Vatility of Ripple

The court fights between XRP and the U.S. Securities and Exchange Commission (SEC) have made it harder for the cryptocurrency to catch on. Right now, XRP is stuck between $0.52 and $0.54 and shows slow momentum. Analysts are worried that a break of the $0.50 support level could cause even more pronounced drops. It's getting harder and harder to picture XRP rebounding to its ATH anytime soon without a positive settlement for Ripple's legal problems. Many traders are focusing on other initiatives with more obvious rising momentum as they become more wary. XRP would need a big catalyst, probably a legal triumph or big market acceptance, to achieve its $3.84 ATH.

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Rexas Finance (RXS) Presents A Better Choice For Quick Gains.

XRP is struggling, but Rexas Finance (RXS) is becoming a more and more interesting substitute. Rexas Finance has been surging from the beginning of its presale, attracting interest from investors seeking faster and more guaranteed profits. Unlike XRP, which is hampered by legal ambiguity, Rexas Finance is supported by the fast-expanding real-world asset (RWA) tokenizing market. Designed to launch at $0.2, Rexas Finance is presently priced at $0.060 in presale stage 4. As the token moves through its presale phases, investors who purchase now might realize short-term returns of 233.45%. The long-term promise, however, is what excites analysts since Rexas Finance might climb by 8,200% to reach $5 by 2025. Rexas Finance is en route to hit $5 far before XRP can recover to its prior ATH given this kind of exponential increase.

Why Rexas Finance Is Positioned to Shine?

By letting investors tokenize tangible assets such as real estate, commodities, and artwork, Rexas Finance is transforming the RWA market. Rexas Finance has a solid basis because of this real-world use, which also distinguishes it from speculative tokens like XRP, which are presently caught in a legal hotbed. Accessible to a broad spectrum of investors, solutions like the Rexas Token Builder let consumers tokenize assets without any coding experience, therefore removing any complexity. Rexas Finance could have easily taken funding from venture capitalists (VCs) given the strength of its concept, but the team chose to focus on individual investors. To enhance Rexas Finance's visibility, it was listed on CoinMarketCap, which allows all investors to monitor its progress and development in real-time. The emphasis on tangible assets of Rexas Finance has attracted a lot of interest, and its presale is accelerating. With over 85 million RXS tokens sold, indicating great investor demand, $3,950,65 has been raised thus far. Rexas Finance is positioned as one of the most exciting tokens of 2024 with great long-term growth potential as the presale moves forward.

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Ultimately, XRP's Uncertain Path Against Rexas Finance's Explicit Trajectory

XRP has a great use case in cross-border payments; however, its price is right now erratic. XRP finds it challenging to get the momentum required to hit its 2018 ATH of $3.84 given the continuous legal ambiguity with the SEC. Rexas Finance, on the other hand, is headed much more straightforwardly toward success. Rexas Finance is poised to explode by 8,200% and reach $5 by 2025 with its creative approach to real-world asset tokenization, great presale performance, and $1,000,000 giveaway to its community. Rexas Finance presents a more immediate and attractive prospect than waiting for XRP to return to its prior highs for investors wishing to profit from a fast-growing project with actual use.

About Rexas Finance :-

Website: https://rexas.com

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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