SEC dropping its appeal against Ripple Labs has led to stronger XRP adoption in the last few months, with institutional traders buying millions of XRP coins. The latest XRP news has been on the ETF filings with Grayscale and Franklin Templeton leading the call and rising partnerships across the globe.
But as the adoption grows, so does the market cap, leaving investors looking out for the next high-reward, low-cap utility token.
Here is a look into the factors edging XRP price predictions higher this year, and the new low-cap token showing it could be a major competitor.
Identifying XRP News Fueling Buying Pressure
XRP’s partnership with top banks across the world has also shown its commitment to dominate the cross-border sector of the crypto market, fueling growth sentiment. However, while the project’s expansion continues contributing to its adoption, top XRP news shows the ETF sentiment has remained a significant factor fueling buyers’ interest.
XRP Price Prediction Using Technical Analysis
As XRP price prediction is now at a high of $10, this might be slightly overstretched, with the price currently hovering around $2.7 to $3.2. Meanwhile, the current XRP price prediction believes this might be an easy reach following how the price surged from $0.49 in November to over $3 after the first ETF filing by Bitwise.
However, looking at the current price setup, the price needs to take a firm grip of the support at $2.9 for a proper anchor, which could help it bounce higher after the ETF. Losing the $2.9 support could cause a big blow to the XRP price prediction, which could grow to $10 this year, as it could trigger further decline.
Why XRP Investors Are Watching Out For Remittix Breakout
While trending XRP news shows the coin’s fast-paced expansion, analysts say the Remittix token proposition could help it catch up soon. The Remittix primary proposition is an instant crypto-to-fiat delivery to bank accounts across the world, with top experts suggesting this could be a significant solution in the $190T payment industry.
Analysing the Remittix utility, experts further project a high potential for Remittix to see fast adoption in the growing crypto market.
However, while the crypto-to-fiat payment is currently standing at the forefront of the Remittix solution, here are the others pushing it as a top defi project to watch out for:
- Support for over 30 Fiat currencies and 40+ crypto pairs
- Community reward with over $250k RTX giveaway to 10 people
- Real-time FX conversion with no hidden charges
- Business API for ease of onboarding for businesses to start receiving crypto delivered as fiat
The Remittix solution is taking faster steps, and investors buying now are projected to see up to 30x in the price explosion when joining centralised and decentralised exchanges after the presale.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/Â
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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