The altcoin market is looking green again, with top altcoins like XRP and Solana picking the pace and positioning their investors for record-breaking profits. XRP and Solana price predictions have seen a recent significant boost as these altcoins gear up for ETF approval.
Experts have also weighed XRP’s chances of achieving 500% gains while reviewing Solana’s price activity. This article has all the tea.
Meanwhile, amid this analysis and speculation, these investors also found a new altcoin called Remittix ($RTX), which is positioned to eclipse every other gain this year.
What you'll learn 👉
Solana Price Weekly Analysis
Despite the market-wide bearish impact this past week, Solana (SOL) has displayed remarkable resilience. Solana price stood at nearly $144 halfway through the last week, indicating an approximate 7% price rebound in the past 24 hours.
This growth and fall swing emphasizes the speculative nature of the crypto market as this Solana price recovery happened after a 15% fall from previous price levels. Large SOL holders taking profit, uncontrollable macroeconomic shifts and modifications across the Solana ecosystem are all factors that have contributed to this swing.
Glassnode statistics show that Solana’s “Realized Profit” indicator reached its highest level on Monday, posting an hourly value of $257 million. That surge corresponded with the rise of Bitcoin and leveraged the buzz of President Trump’s announcement of a Crypto Strategic Reserve that includes SOL. Interestingly, Glassnode’s data confirms that 99% of the $255 million profit-taking came from short-term SOL investors.
However, while this downturn has taken the current Solana price to $138, there’s new enthusiasm across the entire market and the Solana ecosystem as an ETF approval looms.
XRP Price Analysis
XRP had ridden the waves of the market in the past few weeks, with the crypto growing to as high as $3.40 in January. However, the weekly time frame XRP chart now shows that the token’s value has plunged. Despite XRP recording significant growth last week, the XRP price began to decline shortly after. The charts show XRP producing a lower high (red symbol). Analysts believe this red symbol becoming persistent could mark XRP’s first low since the uptick it recorded at the end of 2024.
Considering that XRP currently trades below the $2.45 resistance level, this decline confirms that the cycle has varied. Market observers cite technical indicators that mirror a drawback. First, the Moving Average Convergence/Divergence (MACD) on the XRP charts shows the creation of a bearish cross (black circle). Now, the Relative Strength Index (RSI) has bolstered that outlook with signs of a potential bearish deviation.
Judging by these market signals, investors believe there’s a likely downturn toward the range bottom. More so, the head-and-shoulders pattern seen on the daily time frame chart again adds to a negative XRP perspective.
Trading at around $2.22, investors are concerned about the possibility of a collapse below the neckline. Should this happen, a potential downward movement could bring the XRP price between $1 and $1.05, a range where the token has established a Fibonacci and horizontal support level. However, with news of an imminent ETF approval, the sentiments are changing and investors are becoming confident again.
Remittix Shows Signs of 500% Gains Happening
Compared to rival meme crypto projects, $RTX, a PayFi project, is value-driven as it seeks to solve a major problem: pricey and lengthy cross-border remittances. With this real-world utility, Remittix (RTX) has enjoyed a more persistent and growing adoption rate, with systemic price increases expected in every presale phase.
By offering the best of the crypto and FIAT worlds, Remittix presents a crypto-exclusive solution that gives users access and inclusion, especially those from unbanked communities. While Stripe and Wise are the more established traditional options, it appears that Remittix is on course to transform the PayFi market by introducing crypto-to-FIAT anonymity, flat transaction fees and an assurance of long-term security for $RTX investors.
Buying RTX coins in its ongoing presale is a ticket to receiving great investment value while the token still sells at a presale price of $0.0734. Easy entry for savvy investors.
Join the future of PayFi with Remittix:
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