Cryptocurrency market analysts are discussing the growth prospects of Cardano (ADA) and XRP, as well as interest in the Remittix (RTX) project, which may emerge as the next significant player in the DeFi space.
Forecasts for Cardano
In recent days, Cardano (ADA) has shown consistent growth, increasing nearly 3% and nearing the $0.8000 level. Analysts note the formation of a 'cup and handle' pattern, which may indicate further growth. Expert Crypto Smith believes ADA is testing the breakout zone around $0.92, and if this level is crossed, it could trigger a larger rally. 'ADA reached its bottom in 2022 and has been steadily rising since then,' he says.
Overview of XRP
The situation with XRP also points to positive market changes. Strong July performance, along with the approval of the ProShares XRP ETF, fueled a rally, turning XRP into a classic 'cup and handle' on the daily chart. Analyst STEPH IS CRYPTO claims that XRP is entering the final stage of an Elliott Wave pattern, which could lead to a powerful fifth wave rally. He states that 'XRP could reach $10' should this movement occur.
Potential of Remittix
In addition to established tokens, Remittix (RTX) is gaining attention as the project aims to enable cross-border transactions. Remittix allows users to send cryptocurrency directly to bank accounts in over 30 countries. The project has already raised over $17.9 million, offering more than 578 million tokens. Analysts emphasize that 'Remittix could be the next major launch in the crypto world.'
The prospects for Cardano and XRP appear promising in light of recent developments, while Remittix offers interesting solutions in the field of transactions.
