The token has just overcome major moving averages, and this is a sign of the possibility of a bold breakout towards a high of $3.30 – $3.50. Amid this momentum, Remittix (RTX) is emerging as a high-potential PayFi altcoin, offering early investors a chance to access a project being compared to XRP in its early growth stage.
XRP price is currently $2.99. In recent times, the network made more than 1.7 million transactions per day, which was one of the busiest days of the week. This spike is timely with the XRP market formation stabilizing and could be preparing to break out to an upwards move. In the past, price movements have been bullish when the activity on the network goes up, along with the involvement of investors.
The spike in the number of transactions per day shows that there is high vibrancy in the ecosystem of Ripple, especially in payment corridors and liquidity transactions. Although on-chain activity does not directly shift the price, it implies that the assets actively circulate among the holders and generate healthier market dynamics.
XRP has been struggling technically at the $3.00 level and has recently surpassed the 50-day and the 100-day moving averages. The traders will closely monitor because a breakout of this level will take XRP to a higher of $3.30 – $3.50.
The XRP Relative Strength Index (RSI) is at a stabilized level, and thus, there is an opportunity to grow the market to an overbought level. On the basis of gaining momentum and pressure to purchase, XRP can go through a new stage of the bullish phase as Q4 unfolds.
Remittix is trending as a “next-generation XRP” with practical PayFi use cases. The token has now sold over 676 million coins, raised more than $27.1 million and is priced at $0.1130. Verified #1 on CertiK, Remittix’s wallet beta is live, enabling fast crypto-to-bank transfers across 30+ countries.
Remittix Highlights:
XRP’s technical and on-chain data signal that the token could see another bullish phase, potentially surpassing $3.50. Meanwhile, Remittix is demonstrating why it’s being called the “new XRP” with over 675 million tokens sold, $27.1 million+ raised and a live wallet beta ready for global transfers. Investors seeking early entry into high-growth altcoins may find Remittix to be a compelling option as Q4 unfolds.
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
This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned. Always do your own research.
The post Buying Remittix Now Is Like Buying Ripple When XRP Price Was Just $0.01 appeared first on Coindoo.
Also read: Solana Price Prediction: Which Is The Hottest Crypto To Buy Now At The Start Of Q4
