XRP News Today: Cardano XRP and Remittix Surge Potential Highlighted in August Crypto Outlook

Cardano (ADA), XRP, and Remittix (RTX) are being highlighted as top altcoins to consider before a potential surge in August 2024, even though Solana (SOL) is not included in the list. The focus on these three tokens is driven by technical indicators, projected price movements, and real-world utility factors [1].

Cardano (ADA) is currently trading near $0.78, with price models projecting a range of $0.78–$0.82 for most of August. Analysts have also suggested a broader range of $0.66–$1.88 for year-end, with some forecasting a potential jump to $2.36 if key support levels hold. The long-term fundamentals and technical structure of Cardano make it a compelling option for investors looking to position themselves ahead of the next market upleg [1].

XRP, on the other hand, is showing resilience, trading in a narrow range of $2.90–$3.18, with a current price near $2.99–$3.10. While short-term models remain neutral or slightly bearish for early August, experts anticipate a 60% price increase to $4.47 if the continuation pattern holds. The token is benefiting from regulatory clarity and institutional interest, which are helping to solidify its market position. A sustained move above $4 could serve as a catalyst before the next major rally in the crypto market [1].

Remittix (RTX), a relatively newer entrant, is drawing attention due to its unique PayFi utility. As an Ethereum-based token designed for cross-border crypto-to-bank transfers, RTX has already raised over $18 million in its presale. The project is set to launch a mobile wallet in the third quarter, which will allow users to send crypto directly to local bank accounts without needing KYC or a centralized exchange. Analysts are discussing the potential for a 50–100× price increase as adoption grows, placing it in the same conversation as leading DeFi and meme-season assets [1].

Collectively, these three tokens present a balanced mix of breakout potential, consolidation strength, and real-world utility. ADA offers a stable and predictable price action if key levels break, while XRP is building momentum for a significant move. RTX, with its robust presale and upcoming utility features, could offer the highest upside if the market turns bullish. While Solana continues to dominate headlines, these three altcoins may provide more targeted exposure for investors looking to capture August’s potential rally [1].

Source: [1]https://blockonomi.com/top-3-altcoins-to-buy-before-they-surge-this-august-solana-isnt-on-the-list/