What Next For The XRP Price? Analysts Make Bullish and Bearish Cases & Highlight Rival Set To Stun Market

XRP price predictions are the talk of the town after a hot 13% run over the past couple of weeks. With XRP price action showing renewed strength and vigor, buying sentiment has remained robust in both derivative and spot markets indicating yet another potential run in succeeding trading sessions. 

However, the XRP price has already pumped 400% over the past year, and its gargantuan $146 billion market cap limits its parabolic upside. Not Remittix (RTX), though. The newly-launched PayFi protocol is looking to recreate XRP’s magic when it first came out under a fraction of a cent until peaking. Here’s why the smart money is going all in on the Remittix presale. 

Make Money Online Remittix presale breaks past $15M milestone as whales buy in

It’s no secret that presales offer the biggest gains. And if whale activity is any indication, it looks like the next blue chip to pump is going to be Remittix. Backed by a clear mission and growing momentum, the newly-launched PayFi project is capturing attention as a serious player in the global cross-border payments space. Its strategic focus on solving long-standing inefficiencies in cross-border transactions positions it as a standout among emerging fintech platforms.

At the heart of Remittix is its PayFi protocol, a streamlined solution enabling users to send over 100 types of cryptocurrency from non-custodial wallets, with the recipient receiving local fiat in one of 30+ currencies directly to their bank account. No crypto knowledge is required on the receiving end, a major unlock for mainstream adoption.

As evidenced by its presale raising over $15 million and counting even as RTX tokens remain at a major discount of just $0.0757 Remittix is already drawing major support from the crypto cognoscenti. Paired with zero FX charges and a 1% flat fee on all transactions, Remittix offers a tantalizing alternative to legacy TradFi services that’s built not just for retail but also for institutional adoption by way of its Pay API.

REMITTIX PRESALE X1000 POTENTIAL CRYPTO $RTX 

Make Money Online XRP price action cools off 

The hot XRP price action has cooled off a bit over the past 24 hours, recording a 3.74% loss in the past trading day as XRP prices settled at the $2.48 range. Nevertheless, XRP holders remain firmly in the green after XRP kept its weekly performance at a double-digit 12% gain.

Without any outstanding resistance or supply levels ahead to trigger selloffs, XRP could still be in the frame for a rally to the $3 mark. Resistance levels generally form above current price levels as ranges where large sell orders are placed, causing XRP price pullbacks. If a broader market drawdown causes XRP prices to drop, it could do so at $2.38,

XRP ready for a run at 3? Source: CoinMarketCap

$48.9 million XRP was transferred from exchanges into private wallets last week. The movement suggests spot traders accumulating ahead of a substantial rally one that could see it sail past its January all-time highs of $3.40. 

XRP spot inflows/outflows. Source: CoinGlass

Make Money Online XRP vs RTX: Which will turn in larger gains this year?

XRP prices have already pumped by 5x from last year. Based on dwindling daily active addresses and daily transactions yet to reclaim previous highs, the indication is that there are fewer XRP holders than the past making it harder to pump. Meanwhile, Remittix isn’t even remotely close to peaking and it’s looking to capture a segment of the $100T global cross-border payments sector with its innovative platform. If it does, it could result in an epic run for RTX prices that XRP can’t compete with.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix