XRP struggles below $2.40, experts see a new payment token continuing to shine

The XRP price is flashing warning signs as it struggles to hold the critical $2.40 support level. This is a 50% depreciation from XRP’s January peak, which is quite telling since Bitcoin’s rally to new highs was followed by crypto price booms. At the same time, a new payment token named Remittix (RTX) is rising up the ranks. By taking a disruptive approach to crypto payments, Remittix has quickly gained traction and is destined to fetch early investors humongous profits when it hits the spotlight. Remittix keeps shining brighter Remittix is a new crypto project that has its sights set on taking cross-border transactions to the next level. It enables instant crypto-to-fiat conversions for bank transfers, which is quite outstanding. Anyone can use Remittix to send fiat to bank accounts, using crypto, right from their wallets. Its seamless API lets businesses accept crypto payments settled in fiat, bypassing traditional intermediaries like Wise and Stripe. Furthermore, it’s got support for 40+ cryptocurrencies and over 30 different fiat currencies. This groundbreaking utility has attracted a crowd to its burgeoning presale, which has been wildly successful. Over $15.4 million has been raised with more than half a billion tokens sold. But more importantly, Remittix has appreciated by 400% since its launch and is currently on a roll. With an entry price of $0.0781, Remittix promises to be an outstanding option for investment portfolios. It is expected to explode and usher in a 300% profit before its presale concludes. Once RTX gets listed on exchanges, one can only imagine how high it is going to soar. Institutional interest in Ripple soars The SEC dropped its lawsuit against Ripple last March 2025, clearing XRP’s path to mainstream adoption. Even though there’s been a hiccup and Ripple’s legal issues are far from over, it bolstered institutional interest in XRP. VivoPower became the first Nasdaq-listed firm to launch an XRP-focused treasury, raising $121 million from Saudi royalty and ex-Ripple board members. CME Group has also rolled out XRP futures , positioning Ripple alongside Bitcoin and Ethereum as “blue-chip” crypto assets. Source: Polymarket The possibility of a Ripple ETF approval is also increasing, according to bets on Polymarket. This adds to multiple signals of an impending XRP price boom. But in the meantime XRP is not doing too well. XRP price prediction: a short-term pullback to kickstart a monster rally? Towards the end of May, XRP price suffered a dip and is currently struggling to hold the $2.4 support level. This is a dangerous zone for the token, as a continued pullback could see Ripple drop below $1.9. Source: Egrag_Crypto/X But according to crypto analysts, things are about to change. Egrag_crypto has identified a massive “W” pattern on the XRP price chart. A neckline breakout could propel XRP price to $25 and fetch investors handsome profits. Don’t miss out on Remittix While XRP price keeps failing to hold key support levels, Remittix keeps shining brighter. It embodies payment innovation’s next wave: direct, decentralized and democratized. There’s no doubt it will soar in the near future and fetch early adopters life-changing profits. That’s why it is the ideal investment option for those seeking the next big thing in crypto. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix The post XRP struggles below $2.40, experts see a new payment token continuing to shine appeared first on Invezz

Source: Invezz