XRP is experiencing price fluctuations following a $600 million Ripple transfer, raising concerns among traders. Meanwhile, Remittix (RTX) is emerging as a reliable safe haven in the PayFi sector.
With over $20 million raised, Remittix offers low-cost, fast crypto-to-fiat transfers and is quickly gaining attention from investors. As XRP faces volatility, Remittix is positioning itself for significant growth and adoption in 2025.
XRP Price Finds Support at $2.96 as Traders Eye Bullish Breakout
XRP is facing turbulence after a recent $600 million Ripple transfer. This has caused the XRP price to go into a bit of a wobble. XRP dropped into the 0.382 Fibonacci retracement level at $2.96, finding significant support at this zone.
A quick rebound from $2.94 signals a potential bottom, often seen when markets are primed for a reversal. Technical analysts are pointing to the RSI divergence and clean 5-wave structure, suggesting that XRP has completed its correction phase.
Even though prices have slid, the currency is holding strong near $2.96, seen as bullish given that $4.80 is up as a potential price target. The price action suggests that XRP may consolidate around this level before moving higher. This makes this a critical time for the token. Analysts predict that the next wave of gains will be led by large-cap cryptocurrencies such as XRP.
However, as market volatility and dynamics continue to shift, traders have found solace in Remittix, a safe haven in the PayFi industry. While XRP shows signs of recovery, Remittix is gaining attention for its seamless crypto-to-fiat payments system.
Remittix Raises $20 Million and Gears Up for CEX Listing
As XRP faces turbulence following a $600 million Ripple transfer, Remittix (RTX) is emerging as a safe haven for traders seeking stability in the PayFi sector. With over $20 million raised, Remittix is gaining momentum by offering a solution to the inefficiencies of traditional cross-border payments. Unlike XRP, Remittix focuses on reducing transfer fees and ensuring fast, low-cost transactions without the complexities of traditional banking systems.
Remittix allows users to convert over 40 cryptocurrencies into fiat and send funds directly to bank accounts worldwide in 24 hours. This makes it a powerful tool for individuals and businesses. The project is gaining investor support because of its real-world utility, providing a much-needed service as meme coins and speculative altcoins falter.
As Remittix prepares for its CEX listing on BitMart, the project is poised for significant growth. The $250,000 Remittix Giveaway is already live, adding further excitement and attracting new investors.
- $20 million raised, showcasing strong investor confidence.
- Remittix Wallet enters beta testing on September 15th, 2025.
- CEX listing on BitMart to bring global liquidity and access to RTX.
- Remittix offers low-cost, instant crypto-to-fiat transfers across 30+ countries.
With its user-friendly design, Remittix is quickly becoming a leader in the PayFi sector, offering an alternative to XRP as it navigates regulatory hurdles.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K 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
