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XRP Breakout Nears After Momentum Shifts, Cardano And Remittix Target $3 

Ripple’s XRP has been riding the crypto roller coaster these past few days up, down, then rocked by a few industry news. After a few days of gradual price surge, retesting its $2.40-$2.45 level, XRP dips to a...

XRP Breakout Nears After Momentum Shifts, Cardano And Remittix Target $3 

Ripple’s XRP has been riding the crypto roller coaster these past few days up, down, then rocked by a few industry news. After a few days of gradual price surge, retesting its $2.40-$2.45 level, XRP dips to a low of $2.30 on May 24th. XRP has recovered, now hovering above $2.35, but still -4.4% from yesterday’s close.

Zooming out, experts see this as a brief correction, and they expect XRP to continue its trend continuation that could push it past the $3 mark, and even reach $4. As XRP consolidates, two other cryptos with varying use cases and roadmap are also making their bids to target $3: Cardano’s ADA and Remittix.

remittix

Remittix Tightens the Cross-Border Payments Game

Ideally, efficient cross-border payments help reach the unbanked, and offer quick and cheap transactions. However, the fintech apps’ services have been plagued with complaints about 

hidden costs, excessive fees, and frustrating delays. Remittix gets into the mix with a new recipe for PayFi: crypto-to-fiat settlements that’s fast, with no FX fees or hidden charges to worry about. Using the Remittix’s Pay API, users can change over 40 cryptos to fiat, and complete cross-border payments in real-time.

Using the Remittix app it is easy to connect a wallet, add crypto, and approve payments with a flat-rate pricing. For businesses, Remittix’s Checkout feature creates seamless payment experiences for customers.

Since the Pay API leverages the blockchain technology, payments aren’t just fast and cheap, they’re safe and transparent, too. Remittix uses a smart contract that runs on the Ethereum chain, which ensures its reliability. And according to Blocksafu, Remittix’s smart contract is ‘Very Safe’, with a 100 Trust Score.

XRP’s Price Targets $3 As Bullish Structure Forms

xrp chart

XRP’s price dips to $2.30 on May 24th

XRP’s price has been building a bullish structure since May 6th, after dropping to as low as $10. Then, Ripple’s crypto started to its climb, briefly hitting past $2.60, before reverting to range trading from May 16th until today. XRP is currently hovering above $2.34, with many experts saying that this is just a minor correction.

Trading analysts are projecting a bullish run to $3 in the short term, backed by increasing institutional acceptance and support for XRP. For example, the CME Group has thrown its weight around XRP by offering XRP futures, stating that the crypto is a ‘top three token’ with strong use case.

Cardano’s ADA Drops 7.5%

ada chart

Cardano’s ADA joins XRP in the red, dropping to $0.760745, showing a 7.5% drop. The crypto failed to clear the resistance at $0.86 with a trading volume of just over $1 billion. ADA needs a huge catalyst to break past this resistance level, and many are banking on the potential approval of the asset’s spot ETF filing. Over at Polymarket, ADA sees an 83% chance of getting approved by December 2025.

In a Race to $3, Can Remittix’s RTX Token Outrun XRP and ADA?

As the crypto market braces for more short-term volatility, crypto’s top dogs like XRP and ADA stumble and slow down. Currently, XRP’s price is consolidating again in the $2.30 to $2.40 level, before a breakout to a possible $3.00 and ADA has failed to break ast the $0.86 resistance level. 

As crypto’s market cap slightly dipped by 5% to $3.5 trillion, the Remittix project continues to gain wide support on its presale. The RTX token is currently listed at $0.0781, targeting $0.0811 at its next price leg-up. With RTX tokens flying off the shelf and a price bump coming up, now’s the right time to buy.

Interested to join the Remittix pre-sale? Get more information here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

This article is not intended as financial advice. Educational purposes only.

Max Clark

Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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