Ethereum price is under great bearish pressure and finds it difficult to cross the $3,000 threshold.
Despite several efforts, Bitcoin stays under main resistance, making many investors wonder whether a recovery is likely.
However, Ed Hindi, co-founder of Swiss investment company Tyr Capital, claims that Ethereum’s market mood has dropped to a key low and could indicate a forthcoming turnaround.
Hindi says the market has cleaned out weak hands, which lets Ethereum pull a strong rebound.
The analysis of Hindi corresponds with Ethereum’s present situation and Bitcoin’s performance before the sanction of spot exchange-traded funds (ETFs) in January 2024.
Hindi expects that big investors will shortly begin including Ethereum in their portfolios as Bitcoin leads the way in institutional acceptance.
Following news that 21Shares applied for staking on the spot Ethereum ETF, Ethereum experienced a 3.5% increase, surpassing $2,750.
This evolution, combined with a more favorable regulatory posture under the Donald Trump government, suggests that Ethereum is about to experience an explosive surge.
Ethereum’s rare chart pattern and technical indicators point to a rebound
The technical study also supports the case that Ethereum might be preparing for a positive breakout.
On Ethereum’s weekly chart, popular crypto researcher Ali Martinez recently observed that the TD Sequential indicator—a generally followed technique for spotting possible trend reversals—is flashing a buy signal.
Traders should pay close attention to this indicator, which accurately forecasts important market changes.
Captain Faibik, another well-known analyst, has strengthened this positive view by stressing $3,000 as Ethereum’s main barrier of resistance.
According to Faibik, reaching this level might cause a significant price explosion, surprising many investors.
He thinks Ethereum is in an accumulation phase right now, hence strategic investors should buy before the expected breakthrough.
Should Ethereum surpass $3,000, the positive momentum might drive the token toward fresh highs, augmenting the market surge.
Source: Captain Faibik
Rexas Finance (RXS) positioned to benefit from Ethereum’s bullish surge
Although Ethereum is still a major participant in the cryptocurrency scene, another token is attracting quick interest: Rexas Finance (RXS).
Designed as a creative real-world asset (RWA) token created on Ethereum’s blockchain, RXS gains greatly from Ethereum’s expected price rise.
With one click, the initiative transforms asset ownership by enabling users to purchase and tokenize assets anywhere.
The opportunities with Rexas Finance (RXS) are infinite, whether for fractional or complete ownership.
Still, in its presale, Rexas Finance (RXS) has shown amazing momentum, often exceeding projections.
Having entered its 12th and last presale round, RXS has already sold almost 450 million tokens, generating shockingly $46.04 million.
Investor excitement is at an all-time high since the final presale stage set the token’s launch price at $0.25, and its official launch date for June 19, 2025.
Rexas Finance (RXS) stands out mostly for its innovative utilities.
Unique among other cryptocurrencies are features such as the Rexas Token Builder, Rexas Launchpad, Rexas Estate, QuickMint Bot, and Rexas GenAI.
The project aims to streamline asset tokenization so users can easily create, launch, and oversee tokenized real-world assets.
As blockchain acceptance and Ethereum’s surge strengthen, Rexas Finance (RXS) will likely take a sizable portion of this developing market.
A successful audit by Certik, one of the most credible blockchain security companies, has strengthened investor confidence in Rexas Finance (RXS).
For those looking for dependability in the erratic crypto market, this audit guarantees investors that RXS runs on a safe and open basis; hence, it is a desirable alternative.
Since its first presale stage, Rexas Finance (RXS) has seen a 6x price increase, but its momentum is still developing.
Driven by Ethereum’s predicted positive breakout, market analysts estimate RXS may see an astonishing 5,000% rise by Q3 2025.
As institutional interest rises and actual asset tokenization gains momentum, RXS is poised to be a game-changer in the crypto market.
Conclusion: RXS’s potential for explosive growth
Should Ethereum surpass $3,000, its upward increase could reach associated ERC-based initiatives, including Rexas Finance (RXS).
With its innovative real-world asset tokenizing strategy and last presale stage poised for completion, Rexas Finance (RXS) is rising as one of the most exciting investments in 2024.
RXS is positioned to ride the wave of this market surge as Ethereum’s price trend improves.
Early investors may receive unprecedented returns. Invest in RXS now to start the movement before it soars.
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Win $1 Million Giveaway: https://bit.ly/Rexas1M
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
The post Could Ethereum surprise everyone before the end of February? What its rare chart pattern means for the bull run appeared first on Invezz
