October just got started, and Ethereum already breached the $4,400 resistance line, picking up a new 12-day high along the way. Alt accumulation is at its peak, Ethereum ETFs saw a $1B weekly inflows, including a $485M streak for BlackRock’s ETHA.
Other altcoins like XRP are also gaining strength, recording double-digit gains in a week-long rally. Bulls have successfully pushed XRP price today above the $3.00 resistance, and experts believe this is only the beginning of a moonshot.
Meanwhile, there is Remittix, a new payment solution also in the accumulation phase through its viral ICO. For market experts, a breakout is coming soon; many among them are staying alert, watching for when RTX moves northward. We will take a look at XRP price today before considering why new investors are joining the whales to scoop RTX tokens.
Strong capital inflows have played a huge role in the recent market rebound. PayFi solutions and stablecoins have racked up gains, with the latter crossing $300 billion in market capitalization for the first time. XRP price today also hovers in the green, like most other altcoins, staging a 12.1% 7-day recovery.
The recent 1.5 billion whale accumulation, optimism around the XRP ETF, and crypto-friendly conditions catalyzed the upside movements seen in XRP price today. The asset is trading above the psychological $3.0 level for the first time since Sept. 21. Market experts believe more bullish activities will follow in the next few days, and likely throughout Uptober.
According to them, this window could be a decisive one for XRP price today. The asset could end the year claiming a new ATH trading within the $4.20 – $4.35 zone.
Onchain metrics show a new wave of retail investors is joining the whales to hop on the viral Remittix presale. Over 674 million RTX tokens have been accumulated to date, which is worth around $26.9 million. Whales and retail buys have been relentless over the last few weeks, especially since the inception of the 15% USDT referral program which rewards community members.
Market insiders believe this aggressive buying behavior in pre-market activities were ignited by the recognition of the 100x potential Remittix holds in today’s market and the huge role that the payment solution will play in reinventing how cross-border transfers are catered to.
Besides, RTX’s core infrastructure is ready and scaling, with ongoing development focused on building additional features such as advanced settlement tools, payroll integrations, and global compliance layers. Not only that, this innovative PayFi platform;
Discover the future of PayFi with Remittix by checking out their project here:
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