XRP Price Prediction: Are Analysts Lowering Targets Due To This New Payment Token Ranked #1 Pre-Launch Crypto?

XRP price prediction for this year has changed lately, as analysts dial down the high expectations with advancing days. While there are several factors from analysts why the price prediction is changing, the rise of new competition is showing more strength. This is because a new pre-launch token has taken center stage lately as a threat to the XRP price prediction, with outlook seeing top analysts calling the new altcoin “XRP 2.0.”

However, here is a quick look at why the XRP price prediction could keep changing in the coming weeks as the pre-launch token makes new progress. 

Analysis Of XRP Price Prediction In The Face Of Rising Competition

Checking through the current XRP price predictions, these last few days show a decline in analysts’ sentiment. This is with the price projection seeing a downturn following rising competition in the payment and remittance sector of the crypto market. Furthermore, while the Ripple project has made landmark progress in cross-border partnerships for payment and remittance, the price remains on a slow climb.

The price analysis with data from the last few days might give better insight into why the XRP price prediction is getting dull lately. According to the technical analysis of the price, there has been a struggle for the coin to beat the $3.08 resistance since mid-August.

As this zone continues to pose a threat to a significant breakout, analysts are divided about what will be the main story this year for XRP. The XRP price prediction now stands between the coin breaking the $3.08 this year and making a new high.

Remittix Launches First Live Product In Its Ecosystem

The story around the Remittix project as an XRP competitor just got even more interesting today as it launches its first live product. This is with the launch of its much-anticipated wallet for beta testing, giving users a first-hand feel of the finished product.

According to the projection from top analysts, this could see the Remittix coin gain another 5x from its current $0.1 as accumulation spikes.

Following the project’s comparison to the Ripple coin, here are some features making Remittix the talk of the town right now:

• It has a low cap, which could fuel an instant doubling effect and upward move.
• The Remittix solution is introducing a new approach that could change cross-border payment with its over 30 fiat currencies payment to bank accounts using crypto assets
• New solution to crypto to fiat conversion with a faster, cheaper and easier transaction

Furthermore, the introduction of the referral program is another eye-catching approach for users to earn more with Remittix. The referral gives a payout of 15% in USDT on tokens bought by referrals.

So, Remittix users can start earning more while introducing friends and family to the Remittix ecosystem.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix 

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway