As August approaches, investors are paying attention to the price predictions for cryptocurrencies such as XRP, DOGE, and Remittix. Analysts are providing their assessments of the potential movements of these assets.
XRP Price Prediction
XRP faced a significant drop last week, falling from $3.50 to below $3.00. This was disappointing for many traders, but some experts expected this movement. An analyst demonstrated a five-wave Elliott Wave pattern suggesting that XRP might be starting its final rally phase. The expected price target could be between $15 and $23, representing a substantial increase. Currently, XRP is trading just above $3.10 and still attracting the interest of large investors. Investors are looking forward to Ripple's token unlock on August 1 to see how it will affect the current trend.
DOGE Price Prediction
The DOGE price prediction is linked to a potential double-bottom pattern forming on the charts. Crypto trader Ali Martinez suggests that if Dogecoin breaks past $0.26, it could head toward $0.46. DOGE has been fluctuating between $0.14 and $0.29, which has been challenging for both bulls and bears. Currently, buyers are trying to defend the $0.21 level and push back toward the top of the range. However, failing to hold the 20-day moving average may delay upward movement.
Remittix: Growth Potential
Remittix is beginning to draw attention due to comparisons to early XRP, particularly with its focus on cross-border transactions and growing user interest. This low gas fee project is seen by many as a hidden gem. A beta wallet with full functionality is expected to launch on September 15. Remittix has already raised over $17.2 million, selling more than 567 million tokens at $0.0842 each. The project allows users to earn rewards through holding, staking, and transacting, addressing payment issues in markets like Kenya and the Philippines.
Given the current predictions, XRP and DOGE are at the forefront, but the Remittix project has growth potential. Investors remain attentive to trends and are anticipating further market developments.
