Earlier this year, XRP price predictions from different analysts pointed to XRP price peaking $10, but as we journey into the second month of Q3, many crypto enthusiasts and investors now question the feasibility of the XRP price prediction of $10.
XRP Price Prediction: What The Chart & Technical Setup Suggest
This chart from Investtech shows XRP consolidating between $2.81–$3.13. In the medium term, Ripple has broken the ceiling of the falling trend.
Source: Investtech
XRP price is between support at $2.50 and resistance at $3.30. A definitive breakthrough of one of these levels predicts the new direction. Breaking above $3.30 on substantial volume could prompt a surge toward $3.5, with more bullish models targeting $4.50–$6.00.
Remember that the GENIUS ACT was passed in the U.S. Senate a few weeks ago? If fully implemented, Ripple will have legal certainty in rolling out its stablecoin, RLUSD.
Ripple has also aligned RLUSD with the GENIUS Act guidelines. With a 100% reserve backing and increased usage in FX swaps, settlement rails and institutional flows, the XRP price would be positively impacted.
Also, remember that XRP is an established project with a market cap of over $181 billion. An XRP price prediction of $10 would require a massive inflow, which is nearly impossible in the next 10 weeks.
While XRP price prediction looks bullish, investors believe this newly launched PayFi solution, Remittix, is set to compete with XRP and Stripe in the payment utility industry.
Remittix, The Best Altcoin To Invest In The Next 10 Weeks
The institutional investors and smart money aren't following the crowd; they are investing in this utility-driven project with potential Remittix (RTX).
Remittix (RTX) is a PayFi solution built on the Ethereum blockchain to facilitate cross-border crypto-to-fiat payment. Users send cryptocurrencies deposited directly to recipients' bank accounts in 30+ countries.
Remittix aims to solve a global $19 trillion payment gap. The platform is powered by RTX, a token built for global adoption, bridging the gap between traditional payment and cryptocurrency.
Project Highlights:
- The smart contract is fully CertiK audited and liquidity and team tokens are locked for 3 years.
- An upcoming wallet launch in Q3 with real-time FX rates.
- Remittix's usefulness is beyond cryptocurrency; it's ideal for freelancers, international business owners and remittances.
- Users can send crypto directly to bank accounts in 30+ countries.
- Users can earn up to 20% referral rewards by sharing the project.
Disclaimer: The content above is presented for informational purposes as a paid advertisement. The Tribune does not take responsibility for the accuracy, validity, or reliability of the claims, offers, or information provided by the advertiser. Readers are advised to conduct their own independent research and exercise due diligence before making any decisions based on its contents and not go by mode and source of publication.
Unlock Exclusive Insights with The Tribune Premium
Take your experience further with Premium access.
Thought-provoking Opinions, Expert Analysis, In-depth Insights and other Member Only Benefits
Already a Member? Sign In Now