XRP Slides as Remittix Presale Momentum Grows in Payments-Token Rotation
Investors weigh XRP’s technical slide against promotional gains at Remittix.
Overview
- XRP trades near $2.41–$2.52 after a late-October sell-off that erased about $11 billion in market value, according to TradingView data reported by CoinCentral.
- Analysts highlight resistance around $2.70–$2.75 and caution that a break below $2.40 could target $2.20, with TD Sequential showing a sell signal, per Ali Martinez.
- Fresh discussion of a $20 XRP scenario meets skepticism as it would imply a multi-trillion-dollar valuation that analysts call unrealistic under current conditions.
- Remittix reports raising more than $27.7 million with roughly 681 million tokens sold at about $0.1166, and promotes a live wallet beta enabling crypto-to-bank transfers across 40+ cryptocurrencies and 30+ fiat currencies.
- Coverage cites CertiK verification and confirmed BitMart and LBank listings for Remittix, with several details presented via project disclosures and limited independent verification.