According to crypto analyst Dark Defender, Ripple's price could hit the $8 target. The analyst released an updated technical chart suggesting that XRP price movement could be on the right track toward an impressive price target. The chart depicts an Elliot Wave pattern with clearly defined resistance and support levels and a notable correction that has occurred below the $3 price level.
Meanwhile, Remittix (RTX) aims to make history as a game-changing cross-border crypto with its hybrid DeFi protocols. Priced at $0.0539, reflecting a rally of over 259%, the RTX token is already breaking records and capturing investor interest.
XRP Aiming for $8 Soon, Analyst Offers Insight
In Dark Defender’s recent analysis, Ripple is depicted as having traded within a descending channel that it has since broken out of. The analyst identifies five forthcoming waves marked 1 to 5 in an Elliot Wave correction. Wave 1 reaches a high near $3.999, while the correction labeled 2 falls back into the Ichimoku Cloud area on the chart.
XRP's price is hovering around the $2.5 mark, with the analyst highlighting the $3.0 level as crucial for bullish momentum. Ripple needs to surpass the $3.0 threshold to generate strong momentum in Wave 3. The chart also features a 261.8% Fibonacci extension line near $5.8563, indicating a potential Wave 3 target.
Following an anticipated Wave 4 retreat below $4.50, Wave 5 is set to aim for $8 and beyond, a level the analyst believes Ripple’s price could soon reach. Despite his optimistic outlook for Ripple, technical indicators still suggest a bearish trend, with the MACD level at -0.0050.
Remittix (RTX) Tackling Cross-Chain Payments with Its Intuitive Interface
A new cryptocurrency is making waves as it aims to address significant challenges in the cross-border payment industry. Remittix (RTX) is designed for real-world use, enabling individuals and businesses to instantly convert more than 40 cryptocurrencies into real money without extra fees or delays. This approach eliminates lengthy processing times, accessibility hurdles, and hidden costs, offering an economical solution for global businesses and individuals.
One of Remittix's key features is its Pay API, a robust tool that allows businesses to accept crypto payments while settling transactions in fiat. Supporting over 30 fiat currencies, Remittix facilitates smooth integration without the complexities of market volatility. Funds are transferred directly to bank accounts worldwide, making the adoption of crypto seamless.
Additionally, the transaction appears as a typical bank transfer, with the recipient unaware it originated from cryptocurrency. This discreet method appeals to many investors who value financial privacy while utilizing blockchain’s advantages. The native RTX token powers governance and staking.
VIP members can also access remarkable benefits, with Tier 3 investors earning up to 18% APY and gaining voting rights. The RTX token has already achieved significant gains, including a 259% increase to $0.00539 and over $10.9M in presale funding.
Why Remittix Might Be the Top Investment for 2025
Crypto analyst Dark Defender's forecast for XRP suggests the token might be targeting the $8 mark in 2025. However, as Ripple's price direction remains uncertain, many investors are turning to the promising opportunities presented by the RTX token. Remittix, a leading presale token, has gained traction with its innovative approach to global payments. With such growing foundational demand, the RTX token could emerge as a standout project in 2025.
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