- Stellar (XLM) shows mixed signals after July rally, awaiting key protocol upgrade vote.
- XRP struggles near $3.30 resistance, facing headwinds without fresh catalysts.
- Remittix (RTX) surges 21%, backed by real-world use and strong tokenomics.
Stellar (XLM) has made notable gains after a 68% rally in July, aiming to capture market share from XRP. Despite recent strength, XLM faces selling pressure and key resistance that could stall its advance.
Meanwhile, a newcomer—Remittix (RTX)—is posting fresh all-time highs, drawing whales away from both XLM and XRP.
Below, we examine Stellar’s technical setup, XRP’s standing, and why Remittix Price Prediction has investors buzzing.
Stellar faces short-term bearish signals despite July rally
Stellar (XLM) soared 68% in July, peaking at $0.51, before slipping 14% over two weeks amid historical August weakness.
On August 7, XLM formed a bullish engulfing candlestick and broke out of a descending wedge, suggesting the correction may have ended.
Nevertheless, the token has fallen below its 20-day EMA at $0.40, pointing to short-term bearish sentiment if buyers don’t defend $0.42 support.
A mainnet vote on Protocol 23 upgrades scheduled for August 14 could drive renewed interest by promising parallel execution and state prioritization.
XRP’s market share push meets resistance
XRP continues to vie for cross-border payment dominance but has traded between $2.90 and $3.10 despite ETF optimism.
XRP’s failure to clear $3.30 resistance underscores structural headwinds, with the $3.50 zone marking the next hurdle for market-share gains.
Unless fresh catalysts emerge—such as new exchange listings or favorable court rulings—XRP may remain range-bound.
Remittix’s explosive growth outpaces top-tier tokens
Remittix (RTX) has surged from $0.074 to $0.0895 in the past fortnight, a 21% jump as traders seek tokens with live use cases.
Its cross-border crypto-to-bank solution now operates in over 30 countries, driving transaction volume and institutional interest.
Here are the key factors underpinning a bullish Remittix Price Prediction:
- Over $18.2 million raised, with 584 million+ tokens sold
- Passed CertiK audit without critical issues, boosting security confidence
- Q3…