Toncoin (TON) Value Forecast: Key Price Levels and Rival Token to Watch This Month

By October 1, 2024 No Comments

If you are not new to trade and you have been following the trends in the industry for a while, there are high chance you have heard about Toncoin (TON). For some months now, it has made its position clear with its heavy swings capturing the attention of both investors and traders. Nevertheless, while Bityard focuses on Toncoin, it is very important to determine some of the important levels of the price and how other tokens can potentially fight for attention as is the trend this month. A key competitor that is worth following in this market is Rexas Finance (RXS), a token that is about to change the nuances of how folks trade real-world assets (RWA) embedded on the blockchain. Let’s break it down.

Key Price Levels to Watch for Toncoin (TON)

At the moment Toncoin (TON) is in the process of ‘settling down’ at two important prices manin menace price levels inclusive of what the market price level stands now $2.60 and $2.00.

The $2.60 Resistance Level

Recently Toncoin breached the $2.60 resistance which has been a struggle for some time now. This achievement is significant because it is a newly referenced level that was resistant previously. Because what was once a ceiling can now turn into a solid floor which means that the $2.60 level could also support the TON if it retraces. If it holds at this level, potential bearish pressure could push prices higher. At this height, most of the investors would assume that this is unlikely to fall which may create further upward momentum.

The $2.00 Support Level

Yet not everything comes so easily. In case Toncoin is not able to stay above the $2.60 level, it may fall further to the next significant support level of $2.00. Now here is where the fun begins. A decline to $2.00 would not necessarily be a catastrophe but would still suggest that the price levels are in search of some support. For investors looking for periscope-like opportunities in Toncoin, pay attention to this point the price retraces back from $2.00, it might be a good buying opportunity. If not, there could be more stormy seas in the future.

Rexas Finance (RXS): The Rival You Should Keep an Eye On this Month.

As Toncoin is balancing its resistance and support levels, newcomers in the cryptocurrency space are attracting attention, Rexas Finance (RXS). What is so remarkable about this rival is not only its price but also the very idea behind it. Rexas Finance is a Real World Asset (RWA) token, which means you can invest in physical items like tables, real estate, or even artwork, and so forth from the comfort of your home. Like buying a fraction of a New York City high-rise building or an Italy beach house, only does it on the computer.Rexas Finance is an out-of-the-box concept. The team behind the project could have easily raised a lot of money from VCs, given the potential of RWA tokenization. However, the expectation was to open the gate for regular people as well and allow the whole crowd to take part in assets ownership of the future. It’s not only about earning revenues but also it’s about contributing towards something greater.

Rexas Finance (RXS) Value: Strange Happenings in the Presale Periods

The beginning of the fun happens here. Rexas Finance is now on presale stage 3 with a price of $0.050. But it did not start there. In stage 1 the price was just $0.030 and stage 2 which followed approved it at $0.040. This is quite impressive because that is an increase of 72% over the period and there is more to come.What is even better is that the best price expected at the time of launching is $0.20. That is the third stage which is priced at $0.050 and could therefore present a further potential appreciation of 300%. For all those who are and are going to be in this opportunity, they will benefit greatly. Rexas Finance does not think it is just another token that jumps over the crypto hype wave. This is a solution and the reasons given are making a lot of experts forecast an explosive growth of RXS as it moves further in the presale stages.

Final Thoughts: Watching Toncoin or Rexas Finance is a Must or Not?

To the periphery $2.60 is a level of interest; the $2 and below area marks a stark differentiation as a support range. However, Rexas Finance is not only about making quick profits short term. It is about the access to the Real world Assets Market, which is predicted to rise rapidly in the ensuing years.Rexas Finance (RXS) is the ticker that may offer you good profits as well as invite you to participate in a financial revolution. Be sure not to miss the opportunity to enter at this point—to be prepared for the launch of this RWA coin.

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

Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.