Celestia’s (TIA) price remains uncertain as both trend indicators and key levels fail to provide a clear direction. The ADX and Ichimoku Cloud show weak momentum, indicating a lack of decisive strength from either bulls or bears.

While the EMA lines and support/resistance levels hint at consolidation, a breakout in either direction is needed to determine the next significant move.

TIA Next Direction Is Still Not Defined

The ADX (Average Directional Index) on the TIA DMI chart (Yellow Line) stands at 16.5, indicating a weak trend. ADX is a momentum indicator used to assess the strength of a trend, regardless of its direction.

Typically, an ADX value below 20 suggests that the trend is not strong, while values above 25 indicate a more defined trend. With the current value at 16.5, TIA lacks clear momentum, implying that any trend—bullish or bearish—does not have significant strength.

The +DI (Blue Line) is at 15.6, while the -DI (Red Line) is at 17.3. The +DI represents bullish pressure, and the -DI represents bearish pressure. Since the -DI is higher than the +DI, it indicates that bearish pressure is slightly dominant at the moment.

Given the weak ADX reading, this suggests that while the bears are in control, their grip on TIA’s price movement is not firm. As a result, TIA’s price is likely to remain range-bound or show minimal movement until stronger momentum develops.

Read more: 10 Best Altcoin Exchanges In 2024

Ichimoku Cloud Also Shows Mixed Signals for Celestia

The Ichimoku Cloud chart for TIA reveals a mixed picture. Currently, the price is sitting close to the cloud, which is an area of uncertainty. When prices are within or near the cloud, it indicates a period of consolidation or indecisiveness in the market.

If the price manages to break above the cloud, it could signal a bullish trend, whereas a break below could indicate a bearish move. The thickness of the cloud ahead also plays a role; a thicker cloud implies stronger resistance or support.

The Tenkan-sen (conversion line) and Kijun-sen (base line) are relatively close, suggesting that momentum is not clearly favoring either side. The future cloud is also mixed, which indicates a lack of a strong directional trend.

Given this, the next move for TIA’s price might depend on its ability to either clear the resistance of the cloud or break support to the downside. Until then, traders should watch for a definitive breakout in either direction to assess the next significant move.

TIA Price Prediction: Is It Possible to Get Back to $6 in October?

The EMA (Exponential Moving Average) lines on the TIA chart indicate mixed momentum for the price. The EMAs are closely aligned, with the shorter EMAs hovering slightly above the longer-term EMAs.

This positioning suggests that TIA is experiencing a phase of limited momentum, where there is neither strong bullish nor bearish dominance. The price staying close to all EMAs indicates consolidation, and it will need a clear move above or below these EMAs for a potential trend to emerge.

Read More: 3 Altcoins to Watch in the Fourth Week of October 2024

Regarding support and resistance zones, TIA has strong resistance levels marked at $6.20 and $6.60. If TIA’s price breaks above $6.20, it could attempt to challenge $6.60.

On the flip side, a break below $5.56 could expose the price to deeper pullbacks towards $5.18 or even $4.89, marking a potential 15% price correction. The current positioning of the price suggests a period of indecisiveness, where breaking key support or resistance will dictate the next movement direction.

A renowned trader is predicting a significant 6,400% price surge for Rexas Finance (RXS), a new altcoin challenging both Solana (SOL) and Cardano (ADA) in the crypto market. Rexas Finance, focusing on real-world asset (RWA) tokenization, aims to revolutionize how investors access and trade assets such as real estate, commodities, and more. Currently in its presale, the RXS token is priced at $0.06. The competition is fierce as ADA and SOL are well-established, but Rexas Finance seems to be positioning itself as a strong contender.



Rexas Finance: Bridging real-world assets and blockchain

Rexas Finance is already transforming the way people invest in real-world assets. Through its innovative platform, users can buy and sell fractional ownership of high-value assets such as real estate, gold, and art, making it possible for anyone to own assets with just one click. Rexas Finance also offers tools like the Rexas Token Builder, which simplifies the process of tokenizing real-world assets. This allows users to issue digital tokens representing a proportional share of any asset, creating more liquidity and market access.

The platform’s QuickMint Bot further enhances user experience, enabling even non-expert users to mint tokens seamlessly. Unlike Solana and Cardano, which focus more on digital assets, Rexas Finance integrates blockchain into real-world applications, effectively merging traditional finance with the future of decentralized technology.

Rexas Launchpad and real estate focus

The Rexas Launchpad allows new projects to raise funds through token offerings, giving investors early access to tokens that could see massive appreciation. Stage 1 through 3 of Rexas Finance’s presale sold out swiftly, raising $2.75 million. The fourth stage has seen the price double to $0.06 per token and cross the $3.6 million mark. Investors entering during this phase could see a 3.3x return on their investment upon launch. This momentum is creating serious competition for Solana and Cardano, both of which lack direct exposure to real-world assets.

Rexas Finance’s core focus on real estate makes it unique in the market. The Rexas Estate function allows investors to own fractional shares of property across the globe, from luxurious apartments in New York to beachfront homes in Europe. This form of investment not only provides potential rental income but also allows investors to benefit from the appreciation of real estate values without the burdens of full ownership. The ease of this process attracts a wide range of investors, making Rexas Finance a more attractive option than Solana and Cardano for those interested in real-world asset tokenization.

AI integration and future growth

Beyond real estate, Rexas Finance is incorporating advanced AI features such as the Rexas AI Shield, which offers enhanced security for tokenized assets, and Rexas GenAI, an AI-driven tool that provides investment insights. These tools simplify decision-making and offer users a more secure, efficient way to manage their assets.

Furthermore, the platform’s ongoing $1M Giveaway adds to the excitement surrounding the token’s presale, with 20 lucky winners receiving $50,000 in USDT. Rexas Finance is already listed on CoinMarketCap, adding visibility and credibility. The platform’s ability to tokenize assets like real estate and commodities, coupled with its advanced tools, is rapidly gaining attention. As the presale progresses, the 6400% price surge seems increasingly plausible, making it a strong competitor to SOL and ADA in the expanding crypto market.

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— Rexas Finance (@rexasfinance) October 22, 2024

Final thoughts

The legendary trader’s prediction of a 6400% rally for Rexas Finance (RXS) reflects the platform’s strong positioning against established players like Solana and Cardano. With its focus on real-world asset tokenization, Rexas Finance is set to transform how investors access and trade assets. As the presale continues and the platform gains more visibility, Rexas Finance is likely to become a major force in the crypto market, leaving ADA and SOL to compete in an evolving environment where real-world applications hold the most promise.

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

Today’s trending altcoins feature two meme coins connected to Artificial Intelligence (AI) and a recently launched cryptocurrency that’s gaining significant market attention. 

However, only one of these three has experienced a notable price increase, while the others have seen their values decline in the last 24 hours. Based on CoinGecko data, the top three trending altcoins are Goatseus Maximus (GOAT), Scroll (SCR), and KOALA AI (KOKO).

Goatseus Maximus (GOAT)

GOAT leads today’s trending altcoins thanks to a significant price surge. In the past 24 hours, GOAT’s price has soared by 55%, recovering losses incurred just days ago. This surge has propelled the cryptocurrency, which benefits from the popular AI and meme coin narrative to a new all-time high of $0.68.

Further, BeInCrypto’s analysis reveals that this impressive gain is linked to a surge in whale purchases. Earlier today, Lookonchain reported that a wallet acquired $3.39 million worth of GOAT, likely exerting upward pressure on the price

From a technical perspective, the Accumulation/Distribution (A/D) line shows that the market has continued to buy more of the GOAT. If this continues, the altcoin’s value might rise above $0.70 and move closer to the $1 mark.

However, that will only be the case if the Bulls continue to receive $0.42 support. On the other hand, the price might sink to $0.26 if holders of the token book profit in large volumes.

On Tuesday, October 22, Scroll emerged as one of the top trending altcoins, and it remains in that group today for similar reasons. According to CoinGecko, SCR’s price has dipped by 16% in the last 24 hours, indicating that recipients of the project’s airdrop may be selling off their allocations.

Currently, Scroll’s price is $1.02 on the one-hour chart. However, the trend suggests a potential decline, with the possibility of falling below $1. If the downward momentum continues, a move to $0.85 could be on the horizon.

However, if market participants decide to buy the dip, things might change for SCR. If that happens, the price could bounce to $1.30.

KOALA AI (KOKO)

KOALA AI’s inclusion in the trending altcoins list is the third consecutive time. This is basically because of the same reason GOAT is also on the list. But unlike Goatseus Maximus, KOKO’s price is down 4.70% in the last 24 hours.

However, the Awesome Oscillator (AO), which measures momentum, has become positive. This positive reading suggests that market participants are starting to buy the KOKO dip. Should this continue, the altcoin’s price might climb to $0.0000086.

On the flip side, if the momentum turns bearish, then the prediction might be invalidated. Should that be the case, KOALA AI’s price might drop to $0.0000035.