Remittix, a new crypto, some refer to as “XRP 2.0” is causing a stir of enthusiasm in the crypto space as analysts compare it to the XRP price. With about 502 million tokens sold at a current price of $0.0671, the Remittix (RTX) project has now raised over $12.7 million in presale.
The price will soon hit $0.0694, prompting investors to wonder if this token could see major growth before the year is out. Observers are comparing it to the XRP price and Ripple’s cross-border payment solutions, pointing to real-world use for Remittix (RTX). Read on to learn more.
XRP Price Analysis: Ripple Set to Rebound
XRP has lacked obvious direction over the previous two months according to the weekly chart. Most cryptocurrencies match this price trend, which has also seen pullbacks over this time.
On the positive side, XRP price has stayed above the critical support level at $1.9855, the highest since April 2021 swing. This price also set the upper limit of the well-known bullish signal, the cup-and-handle pattern.
Furthermore, the XRP price is trading above the 50-week moving average and the overshoot point of the Murrey Math Lines tool. With an early target of $3.40, the highest swing since November, XRP price may therefore show a significant rebound.
Target shows a 27% rise from the existing level. A breakthrough over this level might indicate further upside and maybe drive the XRP price above $5.
How to Buy Remittix (RTX) in a Few Simple Steps
While purchasing a new coin like RTX might seem intimidating for many newbies, Remittix seeks to simplify the process. The most direct path is through the current presale available on the official Remittix Presale. Using approved cryptocurrencies, you can contribute money in a few clicks; thereafter, you get equal RTX tokens right in your wallet.
First, make sure your wallet is compatible with either MetaMask or Trust Wallet filled with USDT or ETH. After that, go to the presale website, link your wallet and use the on-screen instructions to buy the desired RTX count.
Lastly, confirm the transaction; after the presale round ends, your Remittix (RTX) tokens will show up in your wallet. The app provides simple cues to help reduce the complexity usually associated with purchasing new cryptocurrencies.
Remittix (RTX) reflects some of Ripple’s basic characteristics, including its goal to accelerate cross-border transactions at lower fees than conventional banking, hence the title “XRP 2.0” fits. Unlike previous coins, Remittix (RTX) nonetheless emphasizes more user-friendly bridging of crypto with standard financial systems.
Remittix’s remarkable presale figures help to explain some of its appeal: With a current token price of $0.0671, likely climbing to $0.0694 above $12.7 million raised and still counting. This high support indicates that more than a few investors would see it as possible in linking crypto and fiat for less expensive transactions.
Why Analysts Are Comparing Remittix to XRP Price
Although Ripple forms alliances with big companies, Remittix (RTX) advocates say their coin may carve out a niche by focusing on regular customers. Should average users find RTX more affordable and simpler than large bank offerings, XRP may lose some power.
Critics point out that Ripple still has strong ties and a well-known brand, thus competing is not easy. Remittix (RTX), however, may attract those who aren’t particularly crypto-savvy because of its capacity to daily handle wire fees. If true acceptance increases, this pragmatic side might be revolutionary and test the “XRP 2.0” label.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
