On-chain trackers reported that a Ripple co-founder moved about $120 million worth of XRP from wallets linked to him. Several transfers hit major venues, suggesting distribution rather than simple reshuffling. The market reacted with a quick dip as traders asked what this means for their XRP price predictions. It also reminds traders that fast, low-fee payment networks are where real adoption happens. That is why some are comparing Ripple’s headlines with Remittix, a PayFi project focused on simple cross-border transfers. First, the news and the XRP price prediction angles.
Analysts noted that large outflows from founder-linked wallets have, at times, lined up with weak stretches in the past. One visible spike in flows added fuel to caution. Even so, addresses with bigger XRP balances have been rising, which keeps the data mixed. This split view shapes a two-way XRP price prediction for the near term.
Source: Tradingview
Technically, XRP trades inside a descending parallel channel. A constructive XRP price prediction allows for a climb toward the channel’s upper boundary near $2.80. A firm break and hold above that intersection could confirm a bullish XRP price prediction, opening targets at $3.05 and possibly $3.40.
If momentum fades, the defensive XRP price prediction points back to mid-channel support while broader risk appetite in crypto and equities sets the tone. In short, the $120 million transfers keep supply risk on the radar, but the chart still offers a clear line for confirmation.
Remittix is built for fast, low-cost transfers that work for people and businesses. The wallet beta has launched, the team is fully verified by CertiK, and the project is ranked #1 for pre-launch tokens on Skynet.
Remittix has raised over $27.5 million with more than 679 million tokens sold. You can still buy RTX tokens at $0.1166, with a price increase expected as adoption grows. Listings on BitMart and LBank are confirmed, with another major CEX reveal coming.
Why Remittix Stands Out:
Keep the XRP price prediction levels simple. Watch the $2.80 intersection for a break and hold to confirm strength, and respect the channel if rallies fade. At the same time, payment utility is driving interest beyond headlines. If you want exposure to a network built for everyday transfers, consider how RTX might fit your plan while Ripple digests founder flows. Evaluate risk, size positions carefully, and let clear confirmations guide your next move.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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