Ripple Price Prediction: XRP Price Likely To Fall To $0.50 This Year Causing 75% Drops As Remittix Is Dubbed The New Payments Solution

It’s no news that XRP is one of the largest payment networks in the industry, globally reputed for cross-border transactions. However, recent reports show that users are exploring other payment solutions with innovation and low transfer fees amid the XRP price struggle.

XRP nosedived into the red zone in March, causing losses for several investors. Market analysts have given their take on Ripple price prediction, according to them, the asset could see more sell-offs in April, leading to sharp declines.

Meanwhile, there is Remittix, a new PayFi solution whose innovative features and unique DeFi capabilities might eventually challenge Ripple’s XRP in the long run. Remittix’s entrance into the market has been met with a warm embrace; today, investors have racked over half a billion $RTX tokens through ongoing ICO. This aggressive move from investors translates to roughly $14.3M. Experts believe this solution will grow rapidly and eventually upstage XRP in the global payment industry.

In the following paragraphs, we will try to analyze the explosive growth of Remittix, Ripple price prediction, and measure Remittix’s technological advances against Ripple.

Ripple Price Prediction: What’s Next For XRP?

The legal tussle between Ripple and the United States SEC might have drawn its curtain last week; however, it wasn’t enough to prevent XRP from putting up one of the poorest runs in the market over the past few weeks. The asset surged from $2.3 to around $2.6 but was quickly met with resistance. Simply put, the company’s “sell the new” strategy didn’t have a bullish turn on Ripple price prediction. XRP is currently hovering above the $2.10 support, up by a mild 3.91% daily spike. 

Price charts show that XRP could shift to around $2.40 following its slight surge, leading to an optimistic outlook on Ripple price prediction. However, there are concerns spurring from last week’s performance about a possible market crash. On multiple occasions during this window, buyers defended the asset from plunging below the $2.0 level. Should buyers fail to hold XRP above this level this month, the asset could experience a free fall crashing below the $0.50 in the coming months. XRP could be heading to its lowest point since last November. 

The token’s regulatory concern has further complicated matters. Although some favor the SEC being lenient towards Ripple in the current administration, this hasn’t eradicated investors’ fear of this topic. Investor behavior this month will play a significant role in the asset’s trajectory, not just in the second quarter but for the rest of the year.

Remittix: Ready to Upstage Outdated Payment Solutions

The payment industry is dominated by outdated solutions like XRP and XLM, which allow users to make direct crypto-to-crypto payments. But Remittix is here to replace these legacy payment networks by offering users an additional feature— direct and instant crypto-to-fiat transfers, a utility never seen before in the DeFi sector.

This platform would allow you to send crypto from anywhere in the world while ensuring your recipients receive fiat. Remittix is the ultimate go-to PayFi for users and businesses that need to make swift and reasonably priced cross-border transfers. As if that were not enough, the PayFi protocol extends its reach beyond developed countries, accommodating developing countries and underbanked regions. Although critics have pointed out regulatory concerns for the projects, experts have dismissed such claims, reinforcing that the project will likely bridge a multi-trillion dollar gap and rally by at least a 100x before Q4.

Another interesting aspect of this payment network is that it operates like your favorite banking apps. Remittix boasts an easy-to-use interface that allows users to interact with the platform easily. On Remittix, users enjoy the seamless and instant conversion of crypto assets ranging from 30+ cryptocurrencies and 50+ pairs. Moreover, there are rumors circulating the market that Remittix will be listed on Binance and Coinbase before the final quarter. Should this happen, the token is expected to see increased liquidity and additional upside momentum.

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

Website: https://remittix.io/

Socials: https://linktr.ee/remittix