XRP Price Eyes $2.50 Reclaim as Momentum Builds, While New PayFi Project Remittix (RTX) Steals the Show

XRP looks like it's getting ready to move. After a couple of quiet weeks with small gains, the past 30 days have still brought a 15% increase.

The crypto market is heating up, and two projects are poised for serious gains. As XRP eyes a breakout from key support, a new PayFi project, Remittix (RTX), is making waves with its innovative crypto-to-fiat payment system and a presale that has already raised over $15.2 million.

As the world of crypto evolves, projects that offer unique solutions to everyday problems are capturing the interest of investors. In a market brimming with possibilities, projects that seamlessly integrate cutting-edge technology with real-world applicability are standing out.

XRP Price Eyes $2.50 Reclaim as Momentum Builds

XRP is currently trading at $2.40, with a market cap of $3.96 billion. Over the past 30 days, it has seen a 15% increase, although it has experienced a slight dip of 4% in the past week.

This slow and steady build-up is setting the stage for what could be a major breakout. According to technical analysis, a move back above the $2.50 psychological level could propel XRP towards the next resistance at $3.70.

Earlier this year, many anticipated the CME Group’s launch of XRP futures contracts, which was completed in March, would be the catalyst to push the XRP price above $3. However, the crypto stalled at around $2.60 despite the futures launch and went on to test the $2.30 level.

Now, the focus is shifting towards the potential approval of the first spot XRP ETFs, with analysts from Wolfe Research placing the probability of approval at 83% on Polymarket.

Analysts at Wolfe Research predict that the approval of the first spot XRP ETFs could generate an estimated $8 billion in volume in the first year alone, as stated in a recent note to investors.

Why XRP’s Next Breakout Could Be Bigger Than Expected

XRP’s price action has been forming a symmetrical triangle pattern, which is a classic technical analysis setup that can often lead to a sharp move in one direction.

According to Captain Faibik, who specializes in technical analysis, XRP has been consolidating inside a symmetrical triangle on lower timeframes, adding that a breakout from the triangle’s support at $2.50 could propel XRP towards the next resistance at $3.70.

Further analysis by Dark Defender, another respected voice in the crypto community, reveals that XRP has just broken out of a key downtrend line on the 4H chart, which could unlock a significant upward push.

After a 15% rally from the swing low, XRP touched $2.72, and if it can manage to close above the $2.52 pivot point, the next price targets are set at $5.85 and $8.76, according to Dark Defender’s analysis.

RemittIx Is Solving Real Problems In Global Payments

The RemittIx app, powered by RTX, allows users to send crypto and have it credited as fiat into any bank account, anywhere in the world, quickly and easily. It is a fully compliant and multi-licensed company, and its technology is patent pending.

The service is offered with a flat 1% fee, making it an incredibly competitive offering in the market. Moreover, it is renowned for its speed of execution.

Those who prefer a more passive income stream can also become a node and earn a share of the platform’s revenue. For those seeking capital gains potential, the RTX token is currently available in presale.

Small businesses and everyday users are turning to RemittIx for a more efficient and cost-effective way to make cross-border payments. Compared to the exorbitant charges levied by banks and other institutions, RemittIx offers a fraction of the cost, making it an appealing choice for those seeking to save money on international money transfers.

The potential of RemittIx is evident to even the largest investors, commonly known as “whales,” who have already invested heavily in the project. To date, over 538 million RTX tokens have been sold to whales, showcasing the massive interest in this PayFi project.

According to crypto experts, if RemittIx manages to capture just 1% of the massive $190 trillion remittance market by 2025, it could send the price of RTX so high that it would generate a 100x return for early investors.

This level of capital gains potential is rarely seen in the crypto sphere, which is why so many are saying that RemittIx feels different from the usual projects that are touted to ‘change the world.’

$15M+ Raised And Counting – RemitIx Presale Is Heating Up Rapidly

The RemittIx (RTX) presale is rapidly approaching its final stage as investors flock to join the project. Having already raised an impressive $15.2 million and counting, it is one of the hottest presales of