XRP News Today: Dogecoin XRP Remittix Poised for August Momentum on Technical Strength Project Developments Derivatives Activity

Analysts are highlighting potential momentum for Dogecoin, XRP, and Remittix (RTX) in August, driven by technical indicators, market sentiment, and project developments. Dogecoin’s price action has drawn attention following a July surge, with traders focusing on key resistance levels. XRP’s structure shows signs of improvement amid elevated derivatives activity, while Remittix, a cross-border payment-focused altcoin, is gaining traction due to its utility-driven roadmap and $17.6 million in token sales.

For Dogecoin, a critical threshold at $0.28 has been identified by analysts as a potential catalyst for further gains. A sustained break above this level with strong volume could push the price toward $0.32 and $0.40, according to technical assessments [1]. Current support levels at $0.24 and $0.22 appear resilient, with the 50 EMA (Exponential Moving Average) providing trend support. Analysts caution that liquidity depth remains a key factor in absorbing price volatility, ensuring a steady ascent if momentum resurges [1].

XRP’s recent performance has shown a reversal of a year-long downtrend, with the price holding above $3.00 after a consolidation phase. Traders are monitoring $3.35 as the next target, followed by $3.75–$4.00, as positive developments in real-world asset integrations and payment trials continue to bolster sentiment [1]. While analysts acknowledge temporary pullbacks as normal, they emphasize that the broader uptrend remains intact as long as XRP establishes higher lows [1].

Remittix (RTX) has emerged as a speculative contender for 2025, with its focus on low-fee cross-border transactions and utility-driven features. The project’s roadmap includes wallet beta launches in 2025, CertiK-audited contracts, and business API integrations. Over $17.6 million raised in token sales has positioned RTX as a candidate for risk-on environments, with some analysts viewing it as a potential "next 100x play" if adoption accelerates [1]. However, such projections are tied to real product progress rather than speculative hype, according to project details [1].

The August outlook hinges on three distinct factors: liquidity and technical resilience in Dogecoin, institutional flows in XRP, and utility-driven adoption in RTX. While forecasts vary, the convergence of these elements suggests diverse opportunities for upside in the early stages of the month [1].

Sources:

[1] Dogecoin Price Prediction: Analysts Break Down Why DOGE, XRP, and RTX Could See Enormous Fortunes in August (https://coinmarketcap.com/community/articles/688885558007026f067fa564/)