The XRP price is currently $3.02, as traders closely watch for the next move. The coin remains inside a bearish channel, testing key support and resistance levels. Large XRP holders are accumulating, signaling growing confidence.
Meanwhile, a new altcoin, Remittix (RTX), is gaining attention for its PayFi utility and strong fundamentals. Investors are comparing it to XRP 2.0 due to its cross-border payments, CertiK verification, and wallet beta. Remittix could offer higher long-term upside for early adopters.
XRP Faces Critical Test After Weeks in Bearish Channel
XRP price is currently $3.02. XRP has increased approximately 10% over the last week. But, even with these gains, it has not yet escaped the bearish channel that began in early August. This negative form has put a limit on rallies, and XRP remains stagnant at major resistance areas.
Recent whale activity shows strong buying support. Large holders, with wallets holding 100 million to 1 billion XRP, increased their balances from 8.95 billion coins on September 30 to 9.46 billion on October 3. That is a 510 million XRP injection, worth about $1.54 billion at current prices. Short-term holders are also increasing their positions, indicating growing confidence across the market.
Despite the accumulation, the XRP price has remained within a descending channel for almost two months. Each rally attempt has failed near the channel’s upper boundary—currently, the price hovers just below $3.10. A close above $3.10 and the upper trendline would remove the bearish pressure. If bulls succeed, targets could reach $3.18 and $3.35. On the downside, failure to hold $3.00 could see XRP slide to $2.94 or $2.78.
Why Remittix Is Being Called XRP 2.0
Remittix is emerging as the next-generation PayFi altcoin, often referred to as XRP 2.0. The project has raised over $27 million, sold over 674 million tokens, and is currently priced at $0.1130. It is verified #1 on CertiK, and its wallet beta is live, offering fast crypto-to-bank transfers in over 30 countries.
Key Remittix Features:
- Remittix is fully verified #1 on CertiK, providing investors with confidence in its security.
- The wallet beta is now live, offering early access to community testers.
- Users can send crypto directly to bank accounts in over 30 countries.
- Deflationary tokenomics are designed to grow long-term holder value.
- Backed by working infrastructure, not just hype, with real adoption potential.
With deflationary tokenomics and a working infrastructure, Remittix is positioned as the best crypto to buy now.
Conclusion: Why XRP Price and Remittix Could Excite Investors
The current XRP price shows strong whale support and short-term accumulation. If XRP breaks above $3.10, the bearish channel may finally come to an end, paving the way for higher gains. Meanwhile, Remittix, priced at $0.1130 with over 674 million tokens sold and $27 million raised, presents an up-and-coming alternative for investors.
Its CertiK verification, live wallet beta, and real-world utility make it one of the best cryptos to buy now. For those seeking XRP 2.0 exposure, Remittix is capturing attention and could offer a remarkable upside.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.
