XRP Price Prediction As Bitcoin Dumps and New Ethereum Based Remittix Set To Skyrocket As Platform Launch Nears
Bitcoin is currently trading at $72,000, facing selling pressure from large holders and weakening momentum. XRP is attempting a recovery but remains below key resistance levels, indicating a bearish trend.
Bitcoin is currently trading at $72,000, facing selling pressure from large holders and weakening momentum. XRP is attempting a recovery but remains below key resistance levels, indicating a bearish trend.
XRP is trading near $1.50, recovering from the $1.10 to $1.20 support zone. The RSI indicates improving short-term momentum. However, XRP remains below the 100-day and 200-day moving averages, signaling a bearish overall trend. Resistance is identified between $1.75 and $1.80. External factors, such as regulatory developments, may influence future price movements.
Data from CoinGlass shows a decline in volume by 34.87% to $4.79 billion, with open interest down 2.88% to $2.77 billion. The OI-weighted funding rate is 0.0029%, suggesting balanced market positioning. Until XRP surpasses $1.85 to $2.00, the current movement is considered a relief bounce.
Bitcoin is maintaining a price above $72,000, with the 200-period EMA at $71,100 providing dynamic support. However, bullish momentum is fading. The 30-day moving average of BTC inflows to Binance has dropped to its lowest since 2020 at approximately 4,900 BTC per month, indicating reduced retail selling pressure. Meanwhile, large holders are selling into short-term rallies, creating consistent resistance.
Bitcoin is currently trading at $72,000, facing selling pressure from large holders and weakening momentum.
Remittix is preparing for its platform launch, with over 40,000 holders securing RTX at $0.13. The platform aims to connect crypto to fiat through a flat-fee model, supporting over 40 digital assets with direct bank deposits. The Remittix Wallet is live on iOS, with Android functionality forthcoming. The platform is positioned within the $19 trillion global payments market.
Over 40,000 holders secured RTX at $0.13 CertiK ranks RTX as a top pre-launch token with audited contracts Confirmed exchange listings on BitMart and LBank Remittix Wallet available on iOS, with full functionality launching soon
XRP's immediate resistance is between $1.75 and $1.80, with the next major target between $2.40 and $2.50. Bitcoin faces resistance from whale selling and low exchange inflows. Remittix is moving forward with its platform launch, offering potential asymmetrical returns compared to Bitcoin and XRP.
Based on reporting by TechBullion.
