Remittix (RTX) Gains Momentum: How It Could Overtake Litecoin (LTC) and Ripple (XRP)

Remittix token (RTX) has turned bullish as investors rally around the project. Still currently in its presale phase, the token has generated over $3.5 million, selling over 195 million tokens in two weeks. At its current price, early participants have seen above 100% increase in their holdings as the token's presale price set to increase, providing more gains for early investors.

Particularly, analysts are bullish on the token as it sets to surpass Litecoin and XRP in price performance. But how exactly could RTX overtake Litecoin and Ripple's XRP? Analysts explain. 

Could Litecoin (LTC) Turn Bullish From Its 24 Hours Loss?

Litecoin has seen a sharp drop by 8.3% in the past 24 hours currently trading at $124.9. However, this sudden drop only put a dent on its impressive run in recent weeks. Litecoin has surged by 21% and 17% in the past week and month respectively, pushing its market cap to $9.4 billion, making it 19th place in the top 100 cryptocurrencies. Meanwhile, its trading volume is also impressive, over $1 billion in the past day. 

Adding to its bullish sentiment is the speculation that a Litecoin spot ETF will be approved shortly after NASDAQ filed its 19B-4 application for Canary’s Litecoin fund. While the approval is in its nascent stages, amendments to the Litecoin application could mean that the SEC has become involved with the process. This sentiment could push Litecoin’s price to $410 in the coming weeks.

Meanwhile, technical indicators suggest Litecoin targets  $150 psychological mark and $165.18 resistance level. However, this depends on the broader market recovery, targeting the 1.618 Fibonacci level at $208. But a nosedive in price could occur if the 38.20% Fibonacci level at $121.54 acts as a crucial support.

Could XRP Reach $3.8?

XRP has surged by 27%, in the past week, now priced at $3.18. Its monthly gain resembles the weekly gain, currently at 30%. However, the last 24 hours isn't favorable to XRP, currently down by 2.8%. Despite this drop, the weekly performance indicates growing interest in XRP. 

Meanwhile, technical indicators suggest the nearest resistance level is $3.34, which could push XRP to the second resistance at $3.83 if it crossed it. On the flip side, the nearest support is at $2.24, with a second at $1.64, offering cushion against drops.

Additionally, data from the RSI is 73.68 and Stochastic is 84.58, suggesting overbought conditions. The 10 day and 100 day SMAs are $2.80 and $2.54, showing upward momentum. MACD at 0.0792 supports a positive outlook. Based on this data, XRP may continue rising, but overbought signals suggest caution.

Fundamental indicators fueling XRP’s price includes anticipation over Trump's incoming administration. The market is optimistic that XRP ETFs will be approved for trading in the U.S. under Trump's SEC, following years of legal battles between Ripple and the current SEC regime led by Chair Gary Gensler. While these may fuel the price, general market trend must favor XRP to reach this price. 

Remittix To Overtake Litecoin and XRP in Price Actions

Even with technical and fundamental indicators suggesting the rise of Litecoin and XRP, the forecasted price could only deliver minimal returns compared to RTX, the native token of Remittix. 

Remittix (RTX) is a project redefining the global payments ecosystem by integrating blockchain technology with fiat transactions. This offers fast and cost efficient cross border solutions. With support for over 40 cryptocurrencies, including Cardano, Shiba Inu, Dogecoin and Ethereum, the platform provides instant conversions into fiat currencies like USD and GBP, enabling seamless deposits into recipients bank accounts.

Bridging the gap between crypto and fiat, Remittix is the superior counterpart to traditional payment providers such as Stripe and Wise and crypto exclusive platforms like Coinbase Wallet. Supporting 30+ fiat currencies and over 50 crypto pairs, Remittix ensures accessibility and inclusivity for businesses and individuals, simplifying global commerce with its extensive range of options

Furthermore notable is the platform’s open flat fee approach, which offers savings and transparency over exorbitant costs and inadequate exchange rates of conventional banks. This approach guarantees that the full amount sent reaches the recipient, making Remittix a game changer in the payments industry, where shady practices are unfortunately all too common.

Remittix's token, RTX, offers investors a chance to interact with a project with high growth potential at an earlier stage as the bitcoin market develops. RTX’s price potential is set to overtake Litecoin, XRP and serve as the benchmarks for blockchain based financial solutions with increasing acceptance, a solid basis and evident market demand.

Currently priced at $0.0217 during its presale, the RTX token offers a compelling investment opportunity. Forecasts predict significant growth, with a 25x multiplier expected in the presale phase and over 1,500% gains after launch, a move analysts could not see Litecoin and XRP achieving in this bull run.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix