Ripple price momentum is on the rise, whilst everyone expects a crypto comeback. A renowned analyst has recently shared his insights with the crypto community, predicting that Dogecoin will surge to $2 while Ripple price could reach $6 in the next cycle.
He used cycle lines and the latest developments to estimate the possibility of parabolic price movements. While these projections have sparked excitement, what truly caught the crypto community off guard was his boldest prediction yet of a relatively unknown PayFi project, Remittix (RTX), skyrocketing from $0.06 to $1.60. According to the analyst, Remittix could make it one of the biggest gainers of the year, especially once it secures major CEX and DEX listings.
In this article, we will break down the analyst’s predictions and examine why DOGE, Remittix and Ripple price action could see parabolic price movements in the coming months.
Ripple Price: The ETF Catalyst That Could Send XRP to $6
Ripple has long been at the center of the crypto payments revolution, offering a fast and low-cost cross-border money transfer solution.
After an exhausting legal battle with the SEC, Ripple has made a breakthrough this time in South America. Brazil’s Comissão de Valores Mobiliários (CVM) recently approved the first XRP spot ETF, marking a monumental step toward institutional adoption.
The market has responded positively, with Ripple price retracing several resistance levels on Thursday. The analyst points to resistance at $2.90 as the next target for bulls, and with even more ETF adoption spreading, Ripple price could soon break past this level and aim for $6 in the coming months.
The analyst’s prediction is based on the belief that Ripple ETFs will soon expand beyond South America, entering the United States, Europe and Asia.
Dogecoin: The Meme Coin That Refuses to Be Ignored
Since its 2013 launch, Dogecoin has evolved from an internet joke to a commanding crypto asset, commanding a huge global community.
Although Dogecoin holders have been put on high alert after the growing panic of investors around the meme-based project since the rug pull incident with LIBRA occurred a few days ago, the analyst believes this scare-off surrounding meme tokens would soon fade.
He backs Dogecoin to pick up momentum in the final week of February before leading a meme craze on its path to the $2 milestone. Dogecoin is currently exchanging hands at $0.243, representing a 6.70% daily decline and an aggregated 12.80% weekly dump. He confirms Dogecoin has historically surged around this bearish condition, and once the rally begins, there is no stopping Dogecoin.
Remittix (RTX): The $0.06 Altcoin Set for a 2,500% Surge
Remittix, one of the hottest crypto narratives in the market right now, is proving to be just that, raising over $12.6M in investor funding in weeks. The analyst identified Remittix’s compelling use case as a catalyst for explosive growth. Remittix facilitates the seamless.
The analyst sees Remittix as a revolutionary protocol in the DeFi space, stating:
“Though most sectors of the crypto space require improvement, one sector has the highest market demand: the PayFi market. Most DeFi solutions in the market have only catered to crypto-to-crypto transactions. Remittix, however, has taken this to a whole new level by facilitating crypto-to-fiat transactions at the tap of a PayFi revolution.”
This innovative approach allows businesses and entrepreneurs to convert over 40 crypto assets into fiat currencies, including USD and EUR and instantly send funds to global bank accounts.
The remittance industry is worth $183 trillion and Remittix is well-positioned to capture a significant share of this market. The analyst projects a price surge from $0.06 to $1.60, representing 2,500% growth, fueled by major CEX and DEX listings coming later this year.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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