Chainlink (LINK) was the golden child of the crypto era, achieving record highs of $52 in 2021. But as matters currently stand today, the LINK price today is at a low of $11.45 – which is far from way back to that time. Like many investors, they still believe that Chainlink could get back to its former peak again, but surpassing its ATH of $52 by the year 2025 might not be as easy as it appears. In the cryptosphere, there is always an upstart waiting to grab the glory. Rexas Finance (RXS) makes its grand entrance. It is a new-age token in its presale phase which not only seeks to beat Chainlink by 2025 but cause a shakeup in the top 15 cryptocurrencies in 2025.In this article, we will explain how Chainlink might not be able to get back to its ATH and in what way Rexas Finance is aiming to redefine the market.
The Link Between the Future of Chainlink and the Resistance Zone at $21
Chainlink has earned its popularity thanks to its long-established credentials as a decentralized oracle provider on all blockchains, allowing blocks and or partial tools used with real-world data. Thanks to its technology, many meditated DeFi protocols have been built as a necessity. Its need in the crypto world is evident. But with the evolution of the market, there are hurdles that LINK may face which means the elusive $52 ATH will not be achieved by the year 2025.As things stand now, Chainlink’s principal resistance level is at $21. For LINK to resume its bullish flow of price and get back to its bullish short-term trend of aiming to recover its ATH, this price point must be surpassed first. Such a breakthrough seems to be of utmost importance, because only then it may be possible, for enough buying pressure to build up toward propelling LINK to fresh peaks. Even in good conditions in the market, Chainlink’s historical ATH might still be a restriction.Though LINK has still some possibilities for long-range value appreciation, a new player in the market called Rexas Finance (RXS) is preparing itself to take over the center stage in the next wave of crypto growth.
Rexas Finance (RXS) — The Underdog with Explosive Potential
Rexas Finance is on the rise in the crypto world and it is understandable why. RXS cryptocurrency is changing how people invest in properties such as real estate, commodities, and even pieces of art owing to the real-world asset (RWA)…