XRP Latest News: XRP Down 8%, Technicals Indicate A Chance Of Recovery But Investors Eye Remittix For Its Bigger Upside

XRP News
Written By:
IndustryTrends
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The XRP latest news has been filled with reports of intense volatility, as the coin recently saw a drawdown of nearly 8%, pushing it below critical support at $2.00. While the coin is now showing signs of strong recovery, its sharp drop below $1.90 in mid-November still raises questions about how long the recovery will last.

However, the rising inflows into the XRP ETF, with net inflows nearing $485 million in 12 days, are boosting bullish sentiment. Whereas, despite this positive ETF momentum, retail and derivatives demand for XRP remains notably weak. 

The XRP latest news shows a sharp decline in Future Open interest, now down more than 55% since October. This mixed data is now creating doubt among XRP investors, shifting attention toward Remittix, which is fast becoming the new market favourite.

Remittix

XRP Latest News Shows Technical Recovery Hanging On A Balance

XRP Latest News
Source: TradinView

A follow-up on the XRP latest news shows the coin is technically at a critical price level. According to the XRP latest news, while the recent recovery has stabilised the price above the crucial $2 zone, a greater danger looms if this zone breaks soon. The analysis shows a potential for the XRP price to test a lower zone as low as $1.20 this year if it breaks the $2.00 support soon.

Furthermore, the XRP latest news identified the 50EMA, which now sits at $2,32, as a significant resistance level. Following the XRP price analysis on X, there is an immediate opportunity for the coin to reclaim the $2.17-$2.28 resistance, which could fuel further upward moves. Beyond all this, the XRP latest news suggests a need for renewed on-chain utility to fuel a stronger bull run.

Remittix Emerges as a High-Growth PayFi Alternative

Remittix

As XRP seeks a recovery to its old highs this year, investors are increasingly looking at new projects that could fuel a near-term price surge. Remittix is capturing significant attention in this regard. Unlike assets dependent on broader market sentiment, Remittix is building momentum through tangible product development and active inflows, raising over $28.5 million.

The project's core appeal is its live PayFi utility. The Remittix wallet is already available on the Apple App Store, with a major upgrade scheduled for December to activate crypto-to-fiat transfers across 30+ countries. This positions RTX to directly address the $19 trillion cross-border payments market with a working product, a factor that is drawing comparisons to early-stage Ripple but with a focus on retail and business users.

Comparison: XRP vs. Remittix

Conclusion

XRP presents a real issue with strong institutional ETF inflows providing a solid foundation, but weak retail demand and significant technical overhead resistance limit its short-term bullish potential. Its recovery is plausible but hangs on clearing key resistance levels.

In contrast, Remittix offers a different value proposition centred on a live, utility-driven product launch with a rapidly growing funding base. For investors seeking assets with clearly defined growth catalysts beyond market speculation, Remittix presents a compelling alternative with significant upside potential.

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

FAQ

1. What is the main reason for XRP's recent volatility? 

XRP is caught between strong institutional inflows from new ETFs and weak retail speculative demand, leading to sharp swings around the key $2.00 support level.

2. Why are investors interested in Remittix over XRP? 

While XRP is consolidating, Remittix is attracting investors with a live product, a scheduled utility expansion in December 2025, and an inflow demonstrating strong market confidence.

3. Which asset has higher short-term growth potential? 

XRP's growth is tied to overcoming technical resistance in a divided market. Remittix, as a utility-focused project with imminent product updates, is positioned for potentially significant adoption-driven growth from a lower market cap base.

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