Price prediction for XRP: Why early cryptocurrency investors are flocking to this new altcoin targeting 11,000% growth

XRP price prediction models show bullish signals as the token hovers around $2.81, in a tight range near the support of $2.78. While many traders remain focused on Ripple's next breakout levels, a growing group of early investors is diverting their attention to a new altcoin expected to increase by 11,000% in 2024, Remittix (RTX). With XRP consolidating, capital rotation is quietly taking place.

XRP remains stable but faces resistance ahead

The price prediction for XRP remains bullish after bouncing off its support level of $2.78. Ripple is stabilizing at $2.83 with the bulls positioning for a breakout attempt. Short-term charts indicate that the token recently reached an all-time high of $2.8654 before pulling back slightly, a welcome development that confirms buyers are in control.

Observers are monitoring the resistance at $2.90, with potential targets at $3.05 and $3.20 if the momentum gains strength. Volumes remain high, above 134 million XRP with liquidity exceeding 377 million USDT in 24 hours, supporting the technical conviction of a short-term rally.

Technical setups are fueling the optimism behind the XRP price prediction. The 5 and 10-period moving averages are at $2.787 and $2.817, respectively, just below the current levels. This confirms that the bulls have regained short-term supremacy and could push towards breakout levels.

A drop to $2.78 could trigger a pullback to $2.70 or even $2.65, especially if the overall sentiment worsens. That is the danger of a possible downward move that is causing some early investors to diversify into a low-cap altcoin, Remittix, which is gaining real utility in payments.

Remittix is the new altcoin that is capturing the attention of early investors

Remittix is a blockchain-powered PayFi platform that will allow users to send fiat directly to global bank accounts using cryptocurrencies. The platform's ecosystem supports over 40 cryptocurrencies and more than 30 fiat currencies. It also includes an API for merchants and freelancers to accept cryptocurrencies but settle in fiat.

Remittix has raised over $23.6 million, selling more than 643 million tokens and currently has a price of $0.1030. The liquidity and team tokens will be locked for 3 years, with an approved smart contract audit and the contract scheduled to be renounced after the launch.

This is how it works:

• Users enter the bank details and the amount to send
• Remittix shows the crypto to fiat exchange rate and fixed fees
• The cryptocurrency is sent to a wallet, settled, and deposited as a bank transfer.
• Recipients receive the total amount in fiat within 24 hours

Why Remittix Could Outperform XRP

While the XRP price prediction points to potential short-term gains, the long-term bullish potential may be limited by Ripple's regulatory baggage and a slower product rollout. Remittix, in contrast, is entering an underserved market, real-time crypto to fiat settlements, with a first-mover advantage. Remittix combines the speed of cryptocurrencies with the utility of traditional banking.

Early investors see Remittix as the altcoin with a real use case, and many expect the 11,000% growth forecast to materialize as adoption accelerates in 2025.