The recent crypto market crash, which saw over $2.2B liquidated, triggered a massive decline across the market. For the first time since early December, the XRP price fell below the $1.80 mark before rebounding above the $2.50 mark. The recovery comes after President Donald Trump announced a 30-day pause for the import tariffs placed on Canada and Mexico.
Meanwhile, Remittix (RTX), the new altcoin titan price, has continued to grow with early investors’ profits surging. With the current trajectory, experts think that the RTX token could follow the early stage path of XRP with some analysts projecting as high as 100x rallies for Remittix on launch.
Is XRP ETF Possible in 2025?
XRP, the open-source, permissionless and decentralized technology, has been in the news for weeks due to several factors, like the ongoing case with the Securities and Exchange Commission (SEC). While the SEC argued that XRP tokens sold to retail investors were unregistered securities in the appeal, market analysts think that the case will be over soon.
Amid regulatory scrutiny, Grayscale has filed to convert the XRP trust into an ETF with the SEC, showcasing the growing influence of the XRP crypto across the crypto market. If approved, this ETF would be traded on the New York Stock Exchange, allowing investors a regulated and easier way to trade the altcoin.
Although there are high expectations of a potential XRP ETF approval, the ongoing legal battle with the SEC is still a significant hurdle for the asset ETF prospect, as the SEC still classifies XRP as a security.
XRP Price Prediction – Analysts Project a Rise to $14
The XRP price has experienced a massive decline in the past 24 hours, occasioned by the broader crypto market downturn. According to CoinMarketCap, the XRP price has dropped by 16% in the past 7 days. However, the altcoin price has increased by 12% in the past 24 hours, regaining the crucial $2.50 support level.
Reacting to the recent dip, crypto analyst JD noticed a hidden bullish divergence on the XRP price chart and projected a massive rise soon. JD thinks the next rally could push the XRP price above $7. Steph is Crypto maintained that the XRP token could hit $14 in the short term.
Meanwhile, XRP technical analysis from Tradingview shows that the market sentiment is neutral, with the price below the 30-day SMA ($2.85). The XRP trading volume is on the decline, suggesting a further short-term correction. However, all this depends on the general market outlook in the coming days.
Can Remittix Replicate the XRP Rally?
Remittix (RTX) is a project that aims to solve common cross-border payment issues encountered by traders in exchanges. It is similar to the XRP ledger. However, unlike XRP, Remittix leverages local payment networks and blockchain technology to allow users to pay fiat to any global bank account using crypto by connecting their wallets.
Thriving on simplicity, Remittix is designed so that it is difficult for the recipient to notice that the transaction originated as a crypto payment. Unlike its competitors like Stripe and Wise, which don’t support crypto-to-fiat payment, Remittix allows users to convert over 40 different cryptos to fiat currencies and send them to any approved global banks at no hidden fees.
In essence, what you send is what you receive. As a peer-to-peer decentralized platform, users have full control over their assets, unlike traditional banks with regulatory scrutiny. All transactions in Remittix are immutable, making them hard to alter when placed. In addition, all transactions are stored in a public ledger, ensuring traceability and transparency.
With features like the Remittix Pay API, businesses can receive payment in cryptos and settle transactions in fiat. All these features have triggered massive adoption, with over $10.7M raised in presale. Sold for just $0.0539, early investors have made over 650% ROI. Given the rising adoption, the RTX token is tipped to follow the XRP price trajectory, with analysts projecting a 100x rally on launch. This puts it among the best altcoins to buy now.
XRP vs Remittix – the Best Altcoin To Invest for Long-Term Growth
Both altcoins are promising projects that could witness massive rallies in the coming weeks. The adoption of the XRP token has increased in the past weeks, which could boost the price. The upcoming adoption by Japanese banks and potential XRP ETF approval could push the Ripple price to $10. However, Remittix could offer more returns given its presale advantage and low price. With the cross-border payment feature and Remittix pay API, which allows companies to use the platform to pay global works, the RTX price could hit $1 in 2025.
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The post XRP Price Falls Below $2 Before Rebounding; Experts Believe They Have Found A Newer XRP In Remittix (RTX) first appeared on Coinchapter.
The post XRP Price Falls Below $2 Before Rebounding; Experts Believe They Have Found A Newer XRP In Remittix (RTX) appeared first on Coinchapter.
