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According to crypto analyst Dark Defender, Ripple's price could hit the $8 target. The analyst released an updated technical chart suggesting that XRP price movement could be on the right track toward an impressive price target. The chart depicts an Elliot Wave pattern with clearly defined resistance and support levels and a notable correction that has occurred below the $3 price level.
Meanwhile, Remittix (RTX) is looking to make history as the revolutionary cross-border crypto owing to its hybrid DeFi protocols. With a price of $0.0539, which represents over 259% rally, the RTX token is already setting records and exciting investors.
XRP To Target $8 In the Coming Days, Analyst Weigh In
According to Dark Defender’s latest XRP analysis, Ripple has been trading within a descending channel formation that it had previously broken out of. The analyst has denoted five impending waves labeled 1 to 5 in an Elliot Wave correction. Wave 1 peaks near $3.999, while the subsequent correction labeled 2 dips back within the Ichimoku Cloud region on the chart.
XRP price has been hovering within the $2.5 level as the analyst emphasizes the importance of the $3.0 level as a necessary breakeven point for bullish momentum. The price of Ripple has to break above the $3.0 level to build impressive momentum in Wave 3. The chart also features a highlighted 261.8% Fib extension line around the $5.8563 level, signaling a projected Wave 3 objective.
After a presumed Wave 4 pullback below $4.50, Wave 5 targets $8 and above, a zone the analyst believes Ripple’s price movement could soon hit. Despite his optimistic price prediction for Ripple, technical indicators still point to a bearish outlook, with the MACD level at -0.0050.
Remittix (RTX) Solving Cross-Chain Payments with Its Seamless Interface
A new crypto has been making headlines as it seeks to solve some of the main issues within the cross-border payment sector. Remittix (RTX) is built for the real world, allowing individuals and businesses to instantly convert 40-plus cryptos into real money without extra fees or delays. It will eliminate the long processing periods, accessibility issues, and unstated costs, making it an affordable option for companies and people conducting business internationally.
One of Remittix's standout features is its Pay API, a powerful tool allowing businesses to embrace crypto payments while settling transactions in fiat. Supporting over 30 fiat currencies, Remittix ensures a smooth integration without the intricacies of market volatility. Funds are transferred directly to bank accounts across the globe, making crypto adoption seamless.
Moreover, the transaction will appear as a standard bank transfer without the receiver noticing that it started as a crypto. This discrete approach seems to sit well with many investors who value financial privacy while leveraging blockchain’s privileges. The native token RTX fuels governance and staking.
VIP members also get the chance to unlock incredible benefits, with Tier 3 investors receiving up to 18% APY and voting rights. The RTX token has already recorded impressive gains, including a 259% price rally to $0.00539 and over $10.9M in presale funding.
Why Remittix Could Be The Best Investment for 2025
Crypto analyst Dark Defender's price prediction for XRP suggests that the token could be eying the $8 target in 2025. However, as Ripple price trends remain uncertain, many investors are favoring the high potential opportunities offered by the RTX token. Remittix, one of the top presale tokens, has gained significant momentum with its innovative approach to global payments. With such a growing fundamental demand, the RTX token could be the breakout project for 2025.
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Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
