If the recent forecast from crypto analysts about the XRP price is correct, XRP token holders may be in for a massive payday come the end of the ongoing cycle. In a rather dramatic fashion, XRP, one of the largest cryptocurrencies by market cap, has seen a change in fortunes in the crypto market and is on the verge of recapturing its pre-bull market performance.
At the start of the year, XRP was one of the top-performing altcoins in the crypto market alongside Solana, but it has since experienced a drop-off in performance levels. Analysts believe the token may be on the verge of a massive price correction that could see it return to its pre-2017 valuation, where it enjoyed some of its most positive price movements to date.
Analysts Deliver Bullish Sentiment Concerning XRP Price
There could be a massive appreciation in the XRP price shortly, according to crypto analysts in crypto news today. The news comes on the back of a tough period for XRP, one of the top ten cryptocurrencies by market cap. After an impressive start to the year, the token withered as performances in the market dwindled, causing it to fall below several critical support levels.
However, all of that is water under the bridge as analysts are once again bullish on the altcoin giant. One likely reason for the recent bullish sentiment could be the growing interest in crypto assets from institutional investors. This was one of the primary drivers of the XRP price appreciation at the start of the year, and it could trigger another price spike.
If analysts’ predictions are accurate, then XRP has become a must-have token in the ongoing cycle, joining the likes of RTX, the native cryptocurrency of the upcoming PayFi project, Remittix.
Remittix CEX Listing Announcement Imminent
Lovers and fans of the upcoming PayFi project, Remittix, may not have to wait much longer for the token’s launch if recent reports are accurate. Remittix is expected to announce the first centralized exchange once it hits $20 million in its presale.
Remittix has caught the eye of the crypto industry thanks to its immense potential to transform the global payments experience and the countless opportunities it provides for passive income generation. Some of the most anticipated Remittix features include:
- Direct crypto-to-bank transfers in over 30 countries worldwide
- 40% token bonus for early adopters and supporters
- 20% referral rewards for onboarding new users
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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Maisie is an experienced Crypto & Financial news journalist, having written for Moneycheck.com, Blockonomi.com, Computing.net and is Editor in Chief at Blockfresh.com
