Category: Crypto News, News

XRP Eyes $4 As Bullish Whales and Support Levels Drive Momentum

By Published On: August 24, 20252.7 min readViews: 220 Comments on XRP Eyes $4 As Bullish Whales and Support Levels Drive Momentum

XRP continues to attract investor interest, with some analysts predicting a potential move toward $4 driven by steady whale activity and the token’s ability to hold key support levels [1]. The bullish sentiment is largely attributed to XRP’s liquidity and the expectation of regulatory clarity, which could serve as a catalyst for a price push. However, many experts caution that the road to $4 is not without obstacles, including ongoing volatility and regulatory uncertainty that could hinder momentum.

While XRP price predictions remain optimistic, Cardano (ADA) has faced a more challenging year, with price action showing signs of bearish pressure. ADA is currently trading around $0.86, having failed to break above $0.98, a key resistance level. On-chain data reveals a narrowing triangle pattern, suggesting a potential breakout could be imminent [2]. Analysts have noted that if ADA can maintain its position above $0.92, bulls may regain control. However, large investors recently moved 180 million ADA within 48 hours, indicating possible consolidation before a larger price movement [3].

Despite these developments, many analysts are skeptical about Cardano’s ability to replicate its historic 80x price surge, particularly in the current market climate [4]. As a result, alternative plays are gaining traction among traders, especially those focused on real-world utility.

One such project is Remittix (RTX), a PayFi platform that is quickly gaining attention for its cross-border remittance solutions. Remittix offers a low-fee, fast settlement system and has already raised $21 million in funding, positioning it as a high-conviction altcoin [5]. The project’s utility-driven model has drawn investors looking for more than just market hype. Remittix also provides cross-chain access, multi-FIAT and crypto support, and is preparing for major exchange listings following its confirmation on BitMart [7].

Analysts have highlighted Remittix as a compelling alternative to both Cardano and XRP, particularly in the short to medium term. With the ongoing $250,000 giveaway boosting adoption and engagement, Remittix is seen as a project with strong potential for growth, even as larger altcoins face challenges in breaking through key resistance levels [6].

In summary, while XRP price predictions remain bullish, with some analysts forecasting a push toward $4, the broader market is also showing strong interest in projects like Remittix and Cardano. Investors are increasingly prioritizing assets with real-world utility and clear adoption metrics, suggesting that the current market environment favors low-cap projects with strong fundamentals over high-profile names struggling with delayed upgrades and regulatory headwinds.

Source:

[1] Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support (https://blockchair.com/de/news/ripple-moves-big-money-rlusd-sees-distribution-xrp-holds-key-2-support–63ac17fda26f0ac4) [2] Cardano Price Prediction: ADA Could Revisit $2 Levels If … (https://www.mitrade.com/au/insights/news/live-news/article-3-1064097-20250824) [3] Experts Doubt Cardano Can Repeat Its 80x Rally, Tipping This New Altcoin for 2025 Dominance Instead (https://www.barchart.com/story/news/34357899/experts-doubt-cardano-can-repeat-its-80x-rally-tipping-this-new-altcoin-for-2025-dominance-instead) [4] Bitcoin Price Prediction: Could BTC Hit $150k In 2025? (https://www.msn.com/en-za/news/other/bitcoin-price-prediction-could-btc-hit-150k-in-2025-what-is-the-hype-about-this-latest-altcoin-remittix/ar-AA1L6T1p) [5] ADA Price Struggles To Hit $1 On Interest Rates Cut News (https://coincentral.com/ada-price-struggles-to-hit-1-on-interest-rates-cut-news-new-payfi-altcoin-hits-21-million-raised/) [6] Solana Price Outlook: $300 Rally Delayed as ETF Decision Slips to October, Traders Move Capital Into Remittix (https://www.msn.com/en-za/news/other/solana-price-outlook-300-rally-delayed-as-etf-decision-slips-to-october-traders-move-capital-into-remittix/ar-AA1L5hba) [7] Solana Price Prediction: SOL May See $300 Before Year End But Remittix Could Outperform With 60x Potential (https://www.cryptopolitan.com/author/cryptopolitan-media/)

Source link

Written by : Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.

Share this article:

Leave A Comment