A new cross-border payment coin called Remittix (RTX) is gaining traction in the crypto market. Experts believe that it may rise to $1 beating the likes of Tron (TRX) and Arbitrum (ARB).
Remittix operates in the cross-border payment market that will reach more than $250 trillion by 2027. At the time of writing, both TRX and ARB are trading in the red. Their price movements over the past 48 hours have been inline with the big Bitcoin and Ethereum drops.
Tron (TRX) Floodgates Could Open on One ConditionThe Tron (TRX) coin is among the best altcoins in the market right now despite the drop over the past 2 days. Price information from CoinMarketCap shows the value of Tron (TRX) has decreased by 16.3% on the weekly chart. Though it is still up nearly 25% over the past 30 days.
This price increase bodes well for the TRX altcoin. An analyst called BullishBanter has even taken notice of Tron (TRX). He said the price of the crypto might soar back towards $0.32 in the coming days.
If the Tron token surpasses this level, BullishBanter believes the floodgates could open. The value of TRX might reach higher levels. Meanwhile, another analyst called EWT gave his price target for the cryptocurrency in the coming months.
He predicted the price of the Tron coin could rally to $1 before the end of this cycle. Presently, Tron’s technical indicators remain bullish and support this price surge. The relative strength index is above average and is rising towards the overbought region.
Arbitrum (ARB) Drops From a Key LevelThe Arbitrum token is also among the best performers this past month. It is currently trading close to $0.80 after a 16% rise in the last 30 days. However, price info from CoinMarketCap shows the value of Arbitrum (ARB) is still nearly 30% down YTD.
ARB recently crossed the $1 mark but has fallen to lower levels. This fall could be due to profit-taking by investors. Analyst VipRoseTr believes the Arbitrum coin is currently trading within an upward channel pattern and is consolidating near the 0.618 Fibonacci retracement level.
This consolidation phase suggests a potential bullish reversal. The analyst predicts the Arbitrum price might rally to $1.2701 in the coming weeks. If bulls remain active, VipRoseTr expects another rally to $1.4946 and $1.7145 in the following weeks of the New Year.
Remittix (RTX): The PayFi Powerhouse Revolutionizing Cross-Border PaymentsThe global financial system is ripe for disruption. Remittix (RTX) is poised to lead this revolution. Remittix is changing the way cross-border payments are being made. It uses blockchain technology to make them faster, cheaper, and more secure.
This move removes the gap and middlemen between cryptocurrency and fiat cross-border payments. Remittix takes advantage of blockchain’s decentralized nature and provides a level of transparency and credibility that goes beyond what centralized payment systems can provide. Users can easily transfer their funds to bank accounts in more than 30 supported fiat currencies.
No delays. No excessive fees. Just smooth, integrated payments that are as fast as the pace of innovation. For business people, self-employed people, and anyone operating in a global environment, Remittix provides a future where moving money across continents is as simple as sending an email. At the center of this ecosystem is the RTX coin.
As the usage of RTX increases and the demand for PayFi continues to rise, RTX is set to be a key player in the revolution. The experts expect a price target of $1 in 2025; this means that early investors stand to benefit greatly as the demand for the platform increases. The token is currently in the cryptocurrency ICO stage and is worth $0.015.
In SummaryThe best cryptocurrency to buy right now is Remittix. Despite being a new altcoin, the connection to a trillion-dollar industry and great tokenomics places it in a good position to hit $1 before Tron (TRX) and Arbitrum (ARB).
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
The post Remittix (RTX) Price Prediction: The PayFi Powerhouse Set To Hit $1 Before Tron (TRX) and Arbitrum (ARB) appeared first on The Merkle News.