Dogecoin (DOGE) has shown signs of fresh bullish momentum, and analysts anticipate a potential rally to $1.05. However, the market has been in a massacre, with DOGE down 20% in the past week. Dogecoin’s price chart flashes a bullish pattern, finding local support at $0.25. But how quickly may this rise occur, and what technical indicators should investors look for?
Dogecoin Price Path to $1.05
As of this writing, Dogecoin trades around $0.27, forming a double-bottom pattern. This pattern indicates solid support and an accumulation phase before a significant breakout. Dogecoin has recovered briefly after falling 20% last week, bouncing off critical support at $0.25. This rise coincides with broader market stabilization, sparking renewed hope among traders. Experts believe DOGE’s fractal analysis indicates an increase to $0.706, assuming major resistance levels are breached.
Dogecoin 24-Hour Price Chart Feb. 4, 2025 | Source: CoinGecko
A key technical aspect fueling this outlook is DOGE’s double-bottom formation, which often indicates a trend reversal. Analysts suggest that if the mid-range barrier of $0.356 is overcome, Dogecoin might move closer to its long-term target of $0.53 before trying a major breakout above $0.706. If buying momentum stays strong, DOGE may target the psychological $1 barrier and extend advances to $1.05. Other indicators, including the Relative Strength Index (RSI), currently at 41, indicate that DOGE is recovering from oversold circumstances. Similarly, the Moving Average Convergence Divergence (MACD) has shifted slightly positively, indicating an early-stage trend reversal. Despite short-term swings, on-chain metrics indicate increased whale accumulation, boosting bullish sentiment. If history repeats, Dogecoin may follow a similar trajectory to prior bull cycles, making $1.05 a realistic goal. As DOGE holders await a dramatic move, another cryptocurrency project—Rexas Finance (RXS)—is making news for its game-changing approach to real-world asset (RWA) tokenization.
Rexas Finance (RXS): A Crypto to Watch Alongside the DOGE Rally
Rexas Finance (RXS) is transforming blockchain-powered financial services by integrating DeFi, AI automation, and real-world asset (RWA) tokenization into a single ecosystem. The project’s holistic approach allows users to enjoy decentralized financial services while owning tokenized assets. At its foundation, Rexas Finance uses advanced AI algorithms to ease the tokenization process. This opens up investment opportunities in the previously illiquid traditional asset markets like real estate, commodities, and artworks. RXS holders can easily acquire fractional shares of these highly valuable assets without high entry costs and middlemen. One of the site’s notable features is Rexas Launchpad, a cutting-edge financing tool for early-stage cryptocurrency companies. Unlike traditional launchpads, which use centralized methods, Rexas Launchpad provides users with a decentralized governance structure, allowing investors to vote on project picks and token allocations.
Rexas Finance prioritizes security and compliance. The Rexas AI Shield maintains the integrity of smart contracts, preventing exploits and weaknesses that have previously afflicted DeFi initiatives. To further emphasize its security robustness, the team underwent a Certik audit at the early stage of its presale. This uncommon move restored investors’ confidence in the platform’s safety.
Additionally, the Rexas Treasury offers multi-chain yield aggregation, which optimizes liquidity flows across Ethereum, Binance Smart Chain, and Polygon. RXS holders also have access to several DeFi services, including staking, liquidity pooling, and yield farming, allowing them to earn passively from their holdings. Another critical component is Rexas Pay, a crypto-to-fiat payment gateway that connects blockchain-based assets to real-world transactions. With rapid settlements, cheap costs, and support for numerous cryptocurrencies, Rexas Pay is poised to transform digital payments for businesses and individual users.
The project’s strong fundamentals have sparked institutional interest, with big players viewing its tokenomics approach as a template for long-term DeFi growth. Due to increased demand and limited token availability, analysts foresee a big price increase as Rexas Finance approaches its exchange debut. Projection ranges from $20 to $30, indicating a minimum of 10,000% ROI on the current price. This upside potential makes Rexas Finance a token to watch alongside Dogecoin in the upcoming bull cycle.
Conclusion: Participate in the Future of Crypto with Rexas Finance (RXS)
While Dogecoin’s probable climb to $1.05 has the market buzzing, Rexas Finance is a long-term investment prospect with practical uses. The project raised $445 million during its presale, exhibiting considerable investor confidence. Meanwhile, Rexas Finance is offering a $1 million giveaway to inspire early adopters. Twenty participants will each receive $50,000 worth of RXS tokens. The last presale stage is almost over, so now is a great time to get RXS tokens before their general release on June 19, 2025.
Don’t wait—visit the Rexas Finance website today to join the presale before it’s too late!
About Rexas Finance :-
Website: https://rexas.com
