Recent geopolitical tensions in the Middle East have dealt a major blow to the hopes investors had leading into the final quarter of 2024. This tension has affected the prices of fast-rising cryptos like Bonk Coin and Rexas Coin. However, Moodeng ETH is one of the very few cryptos that have defied these setbacks, as it looks set for a major breakout in the coming months.
According to market analysts, Moodeng ETH’s promising prospect has also attracted interest from the Bonk Coin and Rexas Coin communities. This article explains why!
Bonk Coin Price Analysis
Unlike many, the panic selling pressure couldn’t stop Bonk Coin’s price ascent as Bonk Coin retested the former range highs.
At the time of writing, Bonk Coin exchanged hands at $0.0000223, just shy of the $0.000025 resistance mark. Despite Bonk Coin’s resilience and the strong bullishness Bonk coin had shown in recent weeks, experts still point out that Bonk Coin’s higher timeframe trend is downward. A look at Bonk Coin’s price chart also reveals the Fibonacci retracement level resistances at $0.000025 and $0.0000293.
Again, Bonk Coin’s price chart reveals its RSI sat at 73 at press time. Still, there’s a chance Bonk Coin might form a bearish divergence should Bonk Coin’s RSI fail to rise above 74.69 soon. This possibility could signal a local top and an upcoming retracement in Bonk Coin’s price.
This uncertainty has forced several Bonk Coin investors to diversify their portfolios, considering Moodeng ETH as a more convincing prospect for sky-high gains.
Rexas Coin (RXS) Q4 Price Potential
Rexas Coin is the native crypto of the Rexas Finance ecosystem. Through Rexas Coin, this blockchain project presents a unique blend of innovation and utility. This offering has increased Rexas Coin’s (RXS) appeal coupled with Rexas Coin’s growing reputation as a standout performer in the decentralized finance (DeFi) space.
Rexas Coin focuses on real asset tokenization, enabling Rexas Coin users to tokenize tangible items seamlessly. With Rexas Coin, you can tokenize items like commodities and real estate. Rexas Coin is also the reward token for the 20 lucky winners in Rexas Finance’s ongoing 1 million USDT giveaway. While Rexas Coin promises early presale investors up to 6x ROI, many Rexas Coin analysts fear this might take a while.
Moodeng ETH Sets Up for a 10x Price Breakout
Despite recent bearish movements, Moodeng ETH has managed to stay resilient and continues to keep investors’ hopes alive. Moodeng ETH analysts believe this is thanks to Moodeng ETH’s strategic message and positioning in the market
Moodeng ETH is the ultimate meme coin that takes inspiration from the volatile nature of the crypto market! To embody the essence of market mood swings, Moodeng ETH combines humor and excitement with market ups and downs. Moodeng ETH sticks to the nature of the crypto market, with its highs and lows. However, an advantage Moodeng ETH enjoys is the vibrant community that is already supporting this new crypto, including Bonk Coin and Rexas Coin investors.
Moodeng ETH is currently valued at $0.000001, with expert analysts predicting a 10x growth rate for Moodeng ETH before the end of its presale. While the presale ends on 15th October 2024, Moodeng ETH has raised $88,508, closing in on a highly feasible $1,000,000 target.
Know more about Moondeng at https://moodengeth.meme and get in early!
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