Ripple (XRP) captured the attention of the entire crypto community in the fourth quarter of 2024 with a remarkable price increase of 400%. While many enthusiasts believe that XRP may continue its rally into 2025, historical trends indicate that the price of this altcoin could experience a significant decline starting in January.
In past years, after similar price surges in 2018 and 2021, Ripple suffered considerable declines. As XRP faces the risk of a major downturn, investors seeking substantial returns have turned their attention to Remittix (RTX), a new PayFi giant that has earned the nickname "the new Ripple."
Why Ripple (XRP) Could Face Decline in January
The meteoric 4x rally of Ripple in Q4 saw the altcoin price hit a high of $2.80 in December, per data from CoinMarketCap. However, since it failed to flip the $2.80 resistance to a support level, the altcoin has declined.
The Ripple crypto price has recovered to $2.3 from a low of $2 support. However, historical data indicates a large fall during January. The last two times the Ripple crypto recorded huge price surges in short periods, XRP proceeded to decline steeply in the next few months.
After the massive rally from 2017-January 2018, the Ripple price dropped from its ATH of $3.40 to trade under $1 in January 2018. Similarly, in April 2021 when $XRP pumped to $1.9, the altcoin dropped as low as $0.55 in June 2021.
Technical analysis backs up the bearish outlook of Ripple (XRP). In addition to the gradual reduction of momentum, $XRP has traded in the same range on the 30D chart, and the trading volume of the crypto has suffered a huge drop since it peaked during the Q4 2024 rally.
Big XRP holders also appear to be taking profits, as on-chain metrics show that there is an increase in selling pressure. At the moment, the most important support preventing the decline is the 50 EMA ($2.10). Breaking through this support would kickstart the decline.
The recent partnership with Chainlink is an important Ripple crypto news that could help the altcoin defend its support. Both parties will work together to increase the adoption and functionality of the RLUSD stablecoin within the DeFi space.
The "New Ripple," Remittix (RTX), Set for Explosive Rally in January
In its first few weeks, the new PayFi giant, Remittix (RTX), is already being called Ripple 2.0. Industry experts have been impressed by the borderless remittance network of Remittix. They believe the DeFi project has the potential to set new standards for users in the $190 trillion international payment market.
Using a unilateral system, Remittix allows users to receive crypto in more than 50 different assets and convert them to any of over 30 fiat currencies supported on the platform. Remittix makes the process of international transfers swift, cheap, and reliable with zero additional charges. Remittix isn’t just built only for individuals in the DeFi space, it also has Pay API to assist businesses in making cross-border payments and accepting cryptos as well.
By including businesses, Remittix becomes more attractive to big institutional investors, giving the DeFi project room for explosive growth. The early performance of Remittix is another reason experts believe RTX could be among the best cryptocurrency investment options in 2025.
Despite being very early in its cryptocurrency ICO phase, Remittix has pulled in more than $2.2 million in investments. The price of the $RTX has also outperformed that of other top altcoins. In the last week, it has surged from $0.015 to trade as high as $0.0193.
Why Remittix (RTX) Could Outperform the Top Altcoin, XRP
Ripple (XRP) was the top performer in the gainers charts for Q4 2024, but it is now experiencing a significant decline this January. Consequently, investors are shifting their focus to the more promising Remittix. Analysts believe that, given its growth potential, the price of $RTX could surpass $0.10 before the end of February.
Join the Remittix (RTX) presale and community:
Join Remittix (RTX) Presale
Join the Remittix (RTX) Community