With AVAX and DOT facing increased price volatility, investors are turning their attention to Remittix. Known for its innovative cross-border payment solutions and real-world utility, Remittix is quickly becoming a top choice for those investors and crypto users looking for long term investment projects to add to their portfolio. Keep reading to find out why.
Get Ahead of the PayFi Market Trend With Remittix
Experts believe Remittix could be the next major player in the crypto market, and this goes beyond the usual hype. Remittix is a fintech crypto project that simplifies cross-border payments by seamlessly converting crypto to fiat currencies. Remittix tackles real-world issues like high fees and payment delays.
It prioritizes user anonymity and flexibility which gives it an edge over projects like AVAX and DOT. With Remittix, crypto users can perform transactions quickly, effectively, and without worrying about third parties. The project also focuses on reaching unbanked and underbanked populations by addressing challenges like restrictive financial rules and poor banking systems.
Remittix users can convert over 40 cryptocurrencies into fiat and send funds to any bank account globally. Recipients get payments in their preferred fiat currency. Its Pay API feature also lets businesses accept crypto payments, making it easy for customers to buy goods without worrying about fiat conversions. This could unlock a whole new wave of liquidity for the crypto space and Remittix is in prime position to capitalize.
Is a Huge Price Surge Imminent for AVAX?
As always, AVAX is positioning itself as a potentially profitable long term investment, despite its present unstable price trend. Based on the information on AVAX’s official price charts, analysts believe that AVAX is developing a Cup and Handle pattern. This chart pattern is quite popular for its long-term bullish implications in the market.
The “cup” phase represents a period of accumulation, which is shown on the price charts as a rounded bottom. This phase shows steady improvement, an upward trend, and growing investor confidence. If this pattern is confirmed, the AVAX price could move toward the long-term target of $240, which is almost 100x its weekly trading value, before the year ends.
DOT Faces Price Uncertainty Despite Market Giant Status
Although it is regarded as one of DeFi’s biggest cryptos, DOT is struggling to regain its all-time high of $54.98 which it reached in November 2021. With its weekly trading price at around $6.2, DOT’s resistance levels are at $6.5, $6.72, and $6.9. Clearing these levels could lead to more price increases in DOT’s future.
That’s not all; DOT’s RSI is also pegged at 83.51 which is a huge indicator of overbought conditions. As a result, the rest of the price chart data is showing a lot of instability and the uncertainty is making investors worried about losing whatever ROI they’re currently making on their investments. Yet, these investors are still optimistic especially since the Fear & Greed Index is showing “extreme greed” at 84.
Conclusion
Since AVAX and DOT are witnessing shaky price trends, the market’s attention has now been turned to the new Remittix and its native token, RTX. It is currently being sold at $0.0207 each via the official Remittix presale. Want to enjoy stable ROI and amazing ecosystem features? Buy RTX today!
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
