XRP news today: XRP's Price Holds Above $2.20 Support, ETF Approval Odds Rise to 85%

Ripple’s XRP and Dogecoin are currently the focus of the cryptocurrency market, with investors and analysts closely monitoring their price movements. XRP, which is currently trading between $2.20 and $2.26, has a short-term price resistance at $2.33. The asset is still trading above the $2.20 support level, which is marked by the confluence of the 50 and the 100-day EMAs. Despite the lack of significant price movement recently, many investors are betting on XRP’s potential breakout above its descending trendline resistance, supported by a buy signal from its MACD indicator. The odds of spot ETFs approval for XRP have increased to 85% from just 65%, further fueling bullish sentiments. However, the decline in social media mentions of XRP over the past three months could potentially stall its short-term surge. If the $2.20 support level caves in, holders and investors may see $1.99 for potential reversal.

Dogecoin, on the other hand, is also banking on the news and potential approval of the asset’s spot ETFs. The recent update from Santiment indicates increasing hype and confidence in the Dogecoin ETFs. Last month, major firms, including Bitwise and 21Shares, filed their paperwork to launch DOGE spot ETFs. These filings by established financial institutions suggest a growing mainstream acceptance not just for DOGE, but for crypto too. Currently, DOGE is trading between $0.1796 and $0.184, and while $3 is a long shot for now, analysts are keeping an eye on its price action. It also helps that DOGE’s social dominance just hit a 3-month high, suggesting accumulation and bullish momentum.

While XRP and DOGE holders are banking on a SEC approval for spot ETFs, the long waiting times often create uncertainties. As these top altcoins face uncertain times, Remittix races to its listing date with a purpose: it’s set to revolutionize cross-border payments with its crypto-to-fiat solution. Early adopters are in for a treat: initially priced at $0.015, its ERC-20-based RTX token now sells at $0.0757, with plenty of price increases in the pipeline before its official launch. With still nearly 30% of the total supply waiting to be sold, plus a typical listing surge, a 13,000% rally can’t be ruled out.

Remittix is built using the PayFi DNA, aiming to disrupt the cross-border payments scene by offering a crypto-to-fiat settlement solution. Cross-border payments act as the backbone of international trade and commerce, offering enterprises and individuals a quick and easy way to pay, invest, and remit funds. Traditional fintech apps like Spribe and Wise boast fiat-to-fiat settlements. However, Remittix offers a PayFi gamechanger: users can enjoy crypto-to-fiat transfers. Remittix’s Pay API updates the traditional cross-border payment narratives. With Remittix, you skip the high fees and slow transactions, and prep for ultra-low fees and instant settlements. The Pay API works as a crypto and fiat bridge, and you just like your wallet, and you’re good to go.