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Cryptocurrency News Articles

Remittix (RTX) presale smashes the $15 million mark as investors seek out more promising opportunities

May 21, 2025 at 07:30 pm

XRP’s sluggish price action and Cardano’s latest controversy have left investors searching for more promising opportunities and many are now turning to

Remittix (RTX) presale smashes the $15 million mark as investors seek out more promising opportunities

The recent sluggish price action of XRP and Cardano’s latest controversy have left investors searching for more promising opportunities. As attention lessens from the major tokens, many are now turning to Remittix, a rising altcoin that’s grabbing serious attention thanks to its groundbreaking PayFi technology, enabling seamless crypto-to-fiat transfers directly into global bank accounts.

With real utility, a booming presale and strong early adoption, Remittix is quickly becoming the standout project of 2025. But as the hype around XRP futures fizzles and Cardano's breakout stalls, could Remittix be the true gem in disguise?

XRP futures launch on CME boosts institutional credibility

The Chicago Mercantile Exchange (CME) has just launched standard and Micro XRP Futures, placing it among the few cryptocurrencies with regulated futures trading. A step forward for institutional legitimacy.

This follows an announcement in June about the upcoming launch of futures contracts on CME, marking a significant milestone for XRP and the broader cryptocurrency industry.

Confirming the launch, Ripple CEO Brad Garlinghouse highlighted that prime broker Hidden Road executed the first block trade during the launch session.

Despite this, the latest XRP price action tells a different story.

Trading at $2.35, the XRP price remains under pressure, showing negative momentum on both daily and weekly timeframes. While futures have lifted optimism, technical analysts remain cautious with their XRP price prediction.

EGRAG CRYPTO, a widely followed market strategist, flagged a bearish signal based on XRP’s interaction with its 21-day EMA and 33-day SMA on the XRP weekly chart.

As the chart shows, crossovers between these indicators on the weekly time frame have historically been followed by sharp drops. For instance, a crossover in May 2018 led to a 87% drop in the coin’s price over the subsequent months.

Similarly, a November 2021 crossover triggered a 72% decline in the subsequent 10 months.

The recent crossover, marked by the 21-day EMA falling below the 33-day SMA, could set the stage for another substantial price decrease.

If the price trends lower from this trigger point, it might encounter a Fib level at $0.50, setting the potential for a 79.5% decline.

The significance of this technical pattern is magnified by its role in previous market cycles, suggesting a strong possibility of a continuation of the same behavior.

Cardano eyes a breakout as ascending channel forms around key support levels

Cardano’s ADA is holding steady at $0.73, reflecting a modest 2.96% uptick despite a 29.61% drop in 24-hour trading volume to $767.01 million per CoinMarketCap.

This slight price increase follows a 4.30% dip on the weekly chart from $0.7603, showing minor short-term weakness.

However, crypto analyst Ali points to a potentially bullish ascending channel forming on the charts, defined by consistently higher highs and higher lows.

The pattern’s lower boundary began near $0.60 during a brief May pullback and has since climbed toward the $0.72 mark, now acting as firm support. The upper boundary stretches toward $0.92, offering a 24–27% potential upside if Cardano can sustain momentum above this rising channel.

Cardano is consolidating above $0.74, representing critical support and a point of market indecision. With $0.80 serving as resistance and already tested once this month, maintaining the channel could put Cardano in a position for another breakout attempt.

Remittix (RTX) gears up for 2025 breakout as presale surpasses $15 million

While major altcoins like XRP and Cardano have been struggling, Remittix is quickly amassing a legion of followers thanks to its groundbreaking PayFi technology.

This new generation coin is now in presale, rapidly approaching its next stage as the token price edges closer to $0.08.

Currently priced at just $0.0781 and available for purchase with BTC, ETH, and fiat via bank transfer, Remittix (RTX) is nearing its next stage at $0.0811, offering a tight window for early investors before momentum picks up even more.

This follows the token's impressive journey from its initial price of $0.04 in March 2024.

The project aims to disrupt the trillion-dollar global cross-border payments market with its innovative technology. Remittix’s PayFi protocol is already rewriting how money moves: over 100 cryptocurrencies can be instantly converted into 30+ fiat currencies and sent directly to global bank accounts.

There are no FX fees, middlemen or delays, just a

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