Ethereum and other altcoins are on the fly, and XRP price prediction is now back on the radar of natives. The crypto asset is now hovering around the same price level it was bought and sold in early August, after a 23% two-week slump.
Many analysts believe this correction was a healthy reset, arguing that patterns on the charts, as well as the booming Ripple fundamentals, confirm a bullish reversal trend could happen as early as this week, catalyzing a push towards $4.50.
In the longer term, analysts are forecasting a climb above the $10 threshold by 2030. But Ripple isn’t the only payment protocol that is expected to have expanded its global footprint. Remittix (RTX), a relatively new altcoin, is making a new for itself among the best buys of the season.
We take a closer look at XRP price prediction both in the near term and the long term, before considering why several market insiders remain confident that Remittix’s unique DeFi features could eventually help it surpass XRP.
XRP Price Prediction: Short-Term and Long-Term Outlook
August was a defining month for XRP, peaking at $3.42 with a 24-hour trading volume of about $12.02 billion. Since then, the token has seen notable volatility, dipping into a 23% two-week slump, but still holding strong near its early-August levels.
Despite the short-term weakness, institutional demand remains a driving force. CME’s XRP futures open interest has surged past $1 billion, a sign that investors are still betting on XRP’s long-term growth.
At the same time, fundamentals on the network are booming. Ripple’s RLUSD stablecoin supply recently hit $701 million, an explosive growth figure that has boosted XRP Ledger utility.
On the technical side, analysts point to a bullish pennant pattern forming on the charts, which could spur a recovery toward $3.66, which translates to at least a 30% gain from current price levels, with upside potential toward $5 if institutional demand stays consistent.
Looking further ahead, long-term XRP price predictions suggest the token could climb above $10 by 2030, provided Ripple continues to expand partnerships and deepen its role in global payments.
Remittix’s Rapid Adoption Could Trigger A 50% Spike
Meanwhile, smart money is not only moving to XRP; retail and institutional investors are also pivoting to Remittix, an innovative DeFi solution targeting a huge $190 trillion market in global finance. This payment solution project leverages blockchain technology to its fullest advantage, allowing for cost-efficient and ultra-fast payment cross-border rails.
This will enable users to send crypto directly to fiat accounts with no middlemen, no centralized exchanges, and no long delays. In practice, this could mean:
- Freelancers get paid instantly by clients abroad without the friction of international wire transfers.
- Businesses are moving funds across borders with far lower costs compared to banks.
On top of this, RTX’s wallet launch is scheduled for later this month, and both Bitmart and LBank have confirmed listings are on the way, backing the optimistic viewpoint of the project from the lens of market insiders. They believe this runway for rapid adoption could translate to at least a 50x spike, making it one of the best buys in today’s market and one that could potentially outrun XRP in the global market.
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
