Many recent analyses about the current XRP price show that the market is expecting a possible breakout from current positions. Meanwhile, Stellar (XLM) just completed a protocol upgrade that has significantly increased public sentiment about the project. This performance has not gone unnoticed as investors appear to be paying closer attention to these two tokens.
Remittix, an Ethereum-based PayFi protocol, is also drawing smart money attention ahead of its scheduled beta wallet release this month.
On the daily chart, XRP Price remains above the $2.9 support zone, suggesting that consolidation is happening and the price is looking to break higher. However, analysts remain partially doubtful that the token can generate enough momentum to break above the $3.4 and $3.6 resistance levels. For now, the XRP Price continues to range slightly.
XLM is trading around $0.38 and is forming a bullish inverse head-and-shoulders pattern. Analysts suggest that if Stellar breaks above the $0.50 barrier, it could quickly target $1. This outlook is further supported by optimism around the protocol 23 mainnet upgrade. Despite this, short-term sentiment shows that XLM still faces strong resistance before it can extend a sustained rally.
XLM and XRP aren’t the only crypto projects smart money is talking about right now. Remittix, a global PayFi solution solving the problem of fast and efficient cross-border capital transfers with native fiat currency support across 30 countries, is also generating a lot of buzz on investor airways.
As a part of its growth-focused approach, Remittix is currently gearing up for its beta wallet release on September 15 and Q3 launch. This, combined with confirmed token listings on Tier-1 exchanges like BitMart and LBANK, is further serving to generate a lot of institutional attention around the project. According to analysts, there are five other key reasons why whales are positioning on Remittix currently:
Remittix has also recently rolled out a referral program, rewarding users with 15% of each referral purchase in USDT, paid daily through the platform’s dashboard, a marketing move that further strengthens its appeal.
As XRP price remains trapped in a tight range and XLM shows signs of lacking sufficient momentum, Remittix has emerged as the best option for investors hunting major returns in September and beyond.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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