Ripple suffered another dip below its $2.9 support during the week, with the XRP price falling to $2.7 levels to find support. That has reflected poorly on the XRP price prediction, as many whales might be backing down from the project despite positive forecasts from analysts.
Remittix offers a more stable potential this year. The RTX project is planning to replace Ripple in crypto payments, and the current hype around Remittix is driving it to new highs.
Here’s more on the XRP price prediction and Remittix’s features.
XRP Price Prediction: Can Ripple Bounce Back?
Right now, the question isn’t if the XRP price can get to $8. Ripple is currently struggling with its resistance at $2.80, after securing and losing the $2.86 level on Thursday.
The token will need massive whale involvement to make it back to the psychological support at $3. The past few days have been trying, with Ripple losing that psychological support and slumping down to $2.79. It is currently on 10.11% weekly losses, and the token doesn’t look likely to get up.
Up till Thursday, there was some hope of a recovery over the $3 level, but that was if Ripple held up above the $2.86 level. Since it has lost that, only a significant shift in momentum will keep the bullish XRP price predictions from last month.
As Ripple struggles with resistance levels below $3, the token faces some competition in the PayFi sector, where it was dominant. Remittix is getting attention from traders for its use cases, and many analysts already refer to it as the XRP 2.0.
With Remittix set to replace Ripple, there’s significant traction on the RTX presale website. But it’s not just hype; Remittix is changing crypto payments for the future.
Crypto Tokens To Get Even More Versatile With Remittix
The wave of crypto adoption is getting everywhere, and Remittix is about to speed it up with its platform. The project is building a crypto-fiat bridge to facilitate direct crypto withdrawals from wallets into fiat bank accounts.
Apparently, users will be able to transfer their crypto assets into any fiat bank account in the world, as long as the platform supports the crypto and fiat currencies in question. That will eventually unlock the use of crypto tokens as a payment means for goods and services online.
Users will be able to pay for goods in other countries and send funds to their family and associates in other locations. All these, without any traces back to the blockchain, since the transactions are cloaked.
The crypto-fiat bridge is nearing completion, as the Remittix Web3 wallet is in its beta testing phase. Launch is scheduled for later in Q4, but traders can’t be more eager to have the platform live.
50% of Remittix Tokens to be Rolled Out!
Get yours while they are still cheap. Each RTX token costs only $0.0969, but they’re going up, whether you get them now or not.
Secure your RTX tokens now and anticipate the 100x potential spike on them.
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
