Remittance Boom Is Still in Season, But the Token Charts Have Shifted to Correction Phases Now

The crypto boom is still in season, but the token charts have shifted to correction phases now. Ripple was one of the promising spikes last week

The crypto boom is still in season, but the token charts have shifted to correction phases now.

Ripple (XRP) was one of the promising spikes last week, but the token is now falling below its psychological support levels. Could the XRP price be headed for bearish zones, or are the bulls simply enthusiastic for a Ripple rally?

Before considering Ripple’s potential, however, there’s a new PayFi project with more solid grounds for a rally post-launch.

But first, let’s take a look at what might spark the next leg of the Ripple uptrend.

XRP Price Action: Is Ripple Headed For Lower?

The bull run started with Bitcoin’s renewed surge to $90,000, as the top crypto took over the support level last week.

However, Ripple has been on an uptrend since the start of Q2, as its lawsuit with the SEC has reached a solution, paving the way for a bullish outlook on the token.

With the bullish trends setting in, the XRP price rose steadily, flipping support and resistance levels till it got to about $2.34. The air around the Ripple token has been positive, although there’s been a huge price correction in the past seven days.

There has also been a massive liquidation from long positions on Ripple Futures. Reports from UToday speculate that the liquidations might be due to overconfident bulls who are now closing their positions after the XRP price seemed to take a break.

Can Ripple Get Back Up? Analysts Back XRP For $10 Spike

If the current crypto trends are anything to go by, momentum is still with the Ripple token to hit new highs in 2025. The drop from the psychological support at $2.2 was nothing more than market correction, and the XRP price has regained its support again, trading at $2.20 from a weekly low of $2.15.

The Ripple ETFs are also an indication of positive momentum for the token in the long run. ProShares is planning to launch three new XRP Futures ETFs and they have boosted the chances of a breakthrough this year. Spot ETFs are the real deal for a Ripple rally, but the token has already attracted Wall Street’s attention, and the path to $10 is still ‘complex but bright.’

Still, there’s going to be significant competition among the top tokens for the top gains in 2025. The bull run will impact all tokens, but there’s one new project that could edge Ripple in the top crypto rankings.

Here are some of Remittix’s features and utility.

Remittix: New PayFi, New Payment Perspectives

The RTX tokens are in presale, and they’ve been all the rage in the crypto market for the past four months. Now that they have passed a milestone at $14.7 million, traders are starting to take the presale a lot more seriously.

But the utility Remittix (RTX) provides is what is keeping the investors engaged. The platform is offering a portal for direct withdrawals from crypto hot wallets into fiat accounts, all without charge.

It’s quite the revolutionary move, the one feature crypto traders have been waiting for. With Remittix, all any user needs is the bank account details, and they can always send their crypto assets directly into the account. The Remittix platform will liquidate the crypto assets, convert them into the required fiat currency, and deposit the currency in the given bank account.

The best part? The transactions are cloaked, so no one knows that the funds are from a crypto blockchain. And the direct withdrawal mode means traders can pay for any goods or services online, as long as they have the bank account number and bank name.

With its global reach, Remittix is well set to become the next payment hub in the crypto market.

Remittix Presale: Best Bet For Profits Right Now

Each RTX token sells for $0.0757, with prospects for presale gains. Early buyers are in profits already, and you don’t want to miss out on the freebies.

But even more than that is the 13,000% rally that experts have predicted on the Remittix platform post-launch. Buy your RTX tokens today and hold till after the platform goes live–Remittix has something for you!