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The crypto market is full of anticipation as Remittix (RTX) becomes the next promising project attracting the attention of Uniswap (UNI) and Hedera (HBAR) investors. Investors who are always on the lookout for top DeFi projects are now investing in Remittix’s presale.
What is behind this enormous influx? Remittix is poised to revolutionize the global payment industry with its revolutionary PayFi model that enables instant crypto-to-bank payments in over 30 currencies and investors are keen to jump on board before the wave begins.
Data from CoinMarketCap shows the price of the Uniswap token has dropped by 23.8% in the monthly timeframe. The cryptocurrency which many believed could lead the DeFi market in a rally has been consolidating between $11 and $18. Fortunately, Ali Martinez has discovered a bullish signal on the Uniswap price chart.
According to him, the TD Sequential has presented a buy signal which means a rebound could happen soon. However, Ali notes the Uniswap token must hold the $13.20 support.
Losing this level could invalidate the prediction. Presently, the relative strength index is close to the midline, signaling huge activity from bulls. Also, the VWMA (10) flashes a buy sign which favors an uptrend.
The Hedera coin has witnessed a massive upsurge on the weekly chart following its latest downtrend. CoinMarketCap data indicates the value of the altcoin has increased by 4.5%. Analysts expect the Hedera (HBAR) uptrend to continue in the next few weeks. The Moon Show noted a few days ago that the token has been trading in a symmetrical triangle.
In the case of a breakout, they forecast the value of the Hedera coin price might pump to $0.48. Another analyst called Crypto Tamizha has also talked about the symmetrical triangle in their latest Hedera price prediction. According to them, the value of HBAR could rise to $0.50 if a breakout occurs.
In the meantime, the sentiment surrounding Hedera (HBAR) has become bullish. The relative strength index has crossed the midline, a sign that bulls are gaining control. Also, the Average Directional Index (14) is flashing a buy signal.
The PayFi sector is experiencing massive growth thanks to the new pioneer, Remittix (RTX). This is a new platform combining the most desirable characteristics of crypto and fiat currencies to provide a smooth international payments and remittances process.
In addition to effective and secure cross-border payment services and business solutions, Remittix has many more features that are not so well-known. One such area of great opportunity is payroll service solutions. Remittix enables global organizations and distributed workforce to pay employees in cryptocurrency and effectively convert these payments to local fiat for deposit with respective banks.
This approach does not require the conversion of currencies, which is a very expensive and time-consuming process, thus making it a very efficient and cheap method of handling international payroll. Its low-fee policy makes it suitable for small payments such as tipping, donations, and low-value remittances.
These features show that Remittix is a highly flexible and diverse platform that could revolutionize specific segments and solve various financial problems. Meanwhile, Remittix has launched a crypto ICO for its native token, RTX. The value of this DeFi coin has increased from $0.015 to $0.0193. Given the potential global adoption of Remittix, the value of $RTX could rise by 20x in Q1 2025.
Uniswap (UNI) and Hedera (HBAR) investors are betting big on Remittix due to increased FOMO. They believe the value of the cross-border payment coin could skyrocket in the coming months. Besides, Remittix has raised over $2.2 million in funding, a sign that the cryptocurrency community is optimistic about its potential.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
