The XRP price rally risks being punctured before it enters its next mark-up phase. The digital asset has been consolidating in an accumulation zone just above $2 for the past three months. Industry experts suggest this sluggish movement is due to technical factors and macroeconomic pressures weighing in on Ripple.
Amid these developments, smart money traders are moving to Remittix (RTX) as it fills the gap for Ripple in the global payment sector. The new crypto is focusing on solving the inherent issues plaguing the economy, including bulky paperwork and delays. Let's delve deeper!
The market’s response to Ripple achieving a major regulatory milestone has been lukewarm. In May, Ripple confirmed a $50 million settlement with the SEC, ending a four-year lawsuit and providing clarity on XRP’s status. Despite this bullish news, XRP’s interest is falling off a cliff, with its network activity plummeting to around 30,000.
This sharp decline, spotted in Santiment’s market update, correlates with lower buying pressure and increased downside risk. It also points to increased profit-taking actions from traders in Q2 after its 300% rally at the beginning of the year.
In fact, in April alone, traders offloaded over $1 billion in positions at an average price of $2.10, leading to a 40% loss. Whales, too, have been selling into XRP’s current price strength in Q2. This trend began in Q4 2024 and persists into May 2025.
If this momentum continues, the XRP price may give in to the selling pressure with a downtrend and massive liquidation.
Bearish momentum is lingering in the XRP price chart as it flirts with major support zones around $2. Chart expert, Yashu Gola, suggested that XRP has formed an inverse cup-and-handle pattern, a bearish technical formation indicating a 50% price drop.
If the $2 decisive support break happens, it validates the pattern. This potentially targets a decline to approximately $1.24, aligning with the 200-day exponential moving average (EMA) at $1.28.
With XRP's current technical analysis foretelling a bear storm, smart money traders are making a shift towards Remittix. The PayFi thesis facilitates large-scale cross-border transactions among massive corporations. This brought XRP to the crypto spotlight, but Remittix is taking it a step further to include retail users in its use case.
Notably, its Pay API allows merchants to accept crypto and get fiat in 24 hours or less. And its PayFi protocol allows anyone to send crypto as fiat to bank accounts worldwide. Remittix uses these innovative rollouts to solve major pain points in cross-border transfers and simultaneously boosts the adoption of cryptocurrencies across the board.
Moreover, with the SEC softening its approach towards cryptocurrencies, Remittix likely won’t go through the legal hurdles that Ripple battled with for years. This clears an open path for the crypto payment solution to transform the global remittances industry. When this happens, it is on track to steal a segment of its $190 trillion market cap.
The RTX presale is still selling at $0.0757, meaning there’s loads of room for a 10x growth. Meanwhile, with its deflationary tokenomics and 8% APY staking yield, its presale has accumulated $15.05 million from investors.
The latest Ripple on-chain metrics suggest the next XRP price rally may be in danger. Yet Remittix’s roadmap is live already, attracting investors looking to be part of the next PayFi revolution. This new project offers a rare opportunity for investors to get involved with an asset that is demonstrating concrete, real-world impact and attracting serious gains.
Website: https://remittix.io/
Socials:https://linktr.ee/remittix
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