The inclusion of top crypto coins, Solana, Cardano and XRP in the US Crypto Reserve has sparked excitement across the market, reinforcing their legitimacy in the crypto space. However, seasoned investors are looking beyond these top altcoins, searching for the next crypto gem that could deliver exponential gains.
Enter Remittix (RTX), a rising star in the crypto-to-fiat payment sector that is already gaining traction. Unlike the mainstream picks, RTX has a low market cap and has captured the attention of the crypto community with its ongoing cryptocurrency ICO.
Solana (SOL) Could Rise To $213 On Successful Breakout
According to a top analyst called Ali Martinez, the Solana price is breaking out of a descending channel. The analyst forecasts the Solana price might pump to $213 if the breakout is successful.
Solana price analysis shared by Ali Martinez
Meanwhile, CoinMarketCap data shows the Solana price has risen by 3.2% on the weekly. This uptick shows that bulls are gaining momentum and could push the Solana price to higher levels soon.
Besides, the relative strength index has crossed the midline which reveals that bulls are in charge. So, the Solana price could attempt to break the resistance at the 200-SMA ($187.39).
Cardano (ADA) Soars Past $1 As Price Skyrockets
The Cardano price has skyrocketed following the addition to the US Crypto Reserve. CoinMarketCap shows the ADA price has risen by 19% in the weekly timeframe.
Cardano price chart: TradingView
The ADA price is also bullish on higher time frames 23.9% on the biweekly chart and 7.3% on the monthly level. Meanwhile, the ADA price is currently consolidating between $0.9 and $1.1 after a massive uptick from $0.6.
In other news, whales have bought about 200 million ADA in the past day, per Sentiment data shared by Ali Martinez. The increased buying activity points towards an ADA price surge in the coming days.
Ripple (XRP) Price Soars Close To $3
Following the news of the inclusion of the Ripple crypto to the US Crypto Reserve, the XRP price has soared by 8.8% on the weekly chart. The XRP price rose from $2.24 to $2.96, per CoinMarketCap.
XRP price chart: TradingView
Although the XRP price has suffered some correction, it could soar to new levels soon. CryptoBeast forecasts the XRP price might pump to $10 in the coming months. Another analyst called TheXRP guy says the next phase for XRP’s rise to dominance is the end of Ripple’s case with the US SEC.
Such a move could push the XRP price past $3 to a new all-time high. Presently, technical indicators like the relative strength index and Hull Moving Average (9) support an XRP price surge.
Remittix (RTX) Takes Cross-border Payment To A New Level
Remittix (RTX) is a DeFi project that is disrupting the cross-border payment industry through the use of blockchain technology in its operations. It allows users to exchange more than 50 cryptocurrencies for fiat money and transfer the funds to any bank account in the world within a day, thus avoiding the shortcomings of traditional money transfer companies.
For merchants, Remittix provides a powerful Pay API that enables the acceptance of cryptocurrency payments and the subsequent conversion of such payments into fiat currency and deposited directly into the merchants’ bank accounts.
It offers over 50 cryptocurrency pairs and 30 fiat currencies, which makes it convenient and fast to work with cross-border transactions. Since its inception, Remittix has managed to sell over $13.4 million worth of its tokens in presale and each RTX token costs $0.0694.
Can Remittix Outshine the Top Altcoins?
The Cardano price has skyrocketed by double digits in the weekly chart. While the Solana, Cardano and XRP remain dominant players, history shows that new DeFi projects could deliver high returns. Having already raised millions in its presale and captured 16k early investors, analysts believe Remittix has the potential to outshine even the likes of SOL, ADA and XRP in the coming years.
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