Is Remittix The Next XRP After Being Dubbed XRP 2.0, As Ripple Price Set To Fall Below $2.50 In September

The dominance of the Ripple coin is getting challenged by a new Comer, Remittix, as the XRP price action shows a dip incoming. At the same time, the rising support surrounding the Remittix token is continually putting it in the center as the next XRP, with a solution that makes cross-border payments better. But, in another view, the XRP price dipping lately indicates a declining popularity of the Ripple coin amongst whale circles.

Here is an approach that helps us understand the XRP price dynamics and why Remittix is moving closer to claiming a position as the next XRP.

The Factor Causing A Decline In XRP Price Right Now

Much of the XRP price growth in the last few months has been attached to two main factors:

• An end to the SEC tussle

• And the rise in positive sentiment for the XRP ETF

However, while these factors have kept the XRP price above $2.80 since January, sentiment is dropping rapidly lately. This is because the ETF delay starts to wear off investors' interest. Furthermore, as one analyst puts it, the XRP price surge early this year might have been bought ahead in anticipation of the end of the SEC issue. Hence, by the time the SEC case ended, there was not much fuel left to keep it surging further.

Furthermore, a technical analysis of the XRP price sets it on a drop below $2.5 in the coming rally. According to the analysis from X, the XRP price could continue trading below the descending trendline. Additionally, using the Fibonacci tool indicates that the XRP price is heading towards a price of $2.45, aligning with the 0.618 zone.

Why Remittix Could Be The Next XRP

Analysis looking inward shows the Remittix project is poised for even better performance in the long term, as analysts identify its proposition as a next-generation solution. This includes a combination of solutions that address pain points for retail traders, regular cryptocurrency users and businesses.

The Remittix analysis has identified the following factors to make it the next XRP:

• Fast climbing price from whale support

• A solution that refines the current cross-border payment to be cheaper, faster and more user-friendly

• Launching in a fast-expanding crypto season

This lineup of factors is making Remittix the top new altcoin of the season as experts continue to analyze its potential as the next XRP. Moreover, with crypto becoming increasingly popular, expert analysis now tilts towards Remittix as the next XRP, with its solution poised to facilitate crypto payments like a regular bank transfer.

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

Disclaimer: Cryptocurrency investments are risky and highly volatile. This is not financial advice; always do your research. Our editors are not involved, and we do not take responsibility for any losses.