The cryptocurrency market is experiencing a cooling period following a week of significant volatility, with Ripple's XRP seeing a pullback. Analysts indicate that the XRP price is currently trading below key resistance levels, although a swift upward movement could be imminent. Concurrently, experts are identifying three prominent cryptocurrencies poised for the next phase of market growth: HBAR, Bittensor (TAO), and the newly launched utility-focused token, Remittix (RTX).
Ripple (XRP) Price Prediction: Liquidity Map Suggests Potential for $3.20
Ripple is currently trading around the $2.46 mark, with the XRP price struggling to regain the $3 level. Analysts have observed a substantial liquidity cluster situated near $3.20, a price point where market makers often aim to capture buy and sell orders. A decisive breach and sustained hold above $2.82 would significantly diminish the bearish outlook for XRP.
An alternative perspective suggests that the XRP price might first decline towards $1.40 before initiating a more substantial Wave 3 upward trend. The formation of a double bottom pattern is evident, and some market observers foresee a potential trajectory towards $3 and even $4.50 if upward momentum intensifies.
For the immediate future, a critical indicator will be a daily close within the $2.65–$2.70 range accompanied by increasing trading volume. If the XRP price and the Relative Strength Index (RSI) continue to establish higher highs in tandem, the bullish sentiment is likely to persist.
HBAR News: NYSE Spot ETF Launch Fuels Trading Volume
Hedera (HBAR) recently experienced a significant event with the launch of the Canary Capital Hedera ETF (HBR) on the New York Stock Exchange (NYSE). This development propelled HBAR to a gain exceeding 25%, reaching a price of $0.2191 upon its debut, coinciding with a surge in trading volume. Subsequently, the price retreated below $0.20 due to profit-taking. Traders are now closely watching the $0.194–$0.200 range as a support level and the $0.210–$0.219 range as resistance.
While some market participants express concerns about a potential "death cross" on HBAR's chart, others highlight improvements in the MACD and Aroon indicators. A sustained upward movement above $0.21 could reignite the existing trend. The flow of capital into the ETF remains a key factor, with initial figures showing strength and further filings from issuers anticipated.
If liquidity continues to enter the market, HBAR has the potential to lead sector rotations when market sentiment shifts. Ultimately, the HBAR ETF brings increased regulatory scrutiny to Hedera, and the price action requires confirmation above the current trading range.
Bittensor (TAO): Staked ETP Anticipation Drives Price Towards $500
Momentum is returning to Bittensor as Deutsche Digital Assets and Safello prepare to launch a staked TAO ETP (STAO) on the SIX Swiss Exchange. Bittensor has seen a rebound from its 50-day Exponential Moving Average (EMA) near $413, has tested the $451 resistance level, and bulls are now targeting $500, provided a 4-hour close is maintained above $451.
Derivatives markets are supporting this upward movement, with Bittensor's open interest increasing and funding rates turning positive, indicating sustained demand from long positions. A bearish reversal could occur if Bittensor falls below $410, risking a double-top formation, with the 200-day EMA near $381 serving as the next support level. The overarching narrative is straightforward: if the ETP is well-received and trading volumes expand, Bittensor could emerge as a frontrunner in any resurgence of AI-related altcoins.
Remittix (RTX): A PayFi Utility Attracting Investor Rotation
While traders are actively analyzing Ripple, HBAR, and Bittensor, a segment of the market is also exploring payment solutions with tangible real-world applications. Remittix has successfully raised $27.7 million in private funding, with its token currently priced at $0.1166. Over 30,000 investors have acquired RTX tokens in recent months, and the development team anticipates a price increase driven by growing adoption.
Key factors driving analyst interest in Remittix (RTX) include:
- •Targeting a $19 trillion cross-border payments market by facilitating crypto-to-bank transfers in over 30 countries.
- •A wallet beta and web application are currently available for early testers, with fiat on-ramps and API integrations planned for future development.
- •The Remittix team has undergone CertiK verification and achieved the #1 ranking for pre-launch tokens on Skynet.
- •Remittix has secured listings on multiple Centralized Exchanges (CEXs), including BitMart and LBank, with additional top-tier exchange listings in progress.
Conclusion: Ripple Cools, but Market Rotation Is Already Underway
As the XRP price undergoes a correction, the trajectory of the current bull run's subsequent phases is becoming increasingly evident. Ripple continues to exhibit strong technical potential, yet market momentum appears to be shifting towards emerging narratives. HBAR is capturing institutional interest through its ETF launch, while Bittensor remains at the forefront of demand for AI-linked cryptocurrencies, bolstered by its plans for a staked ETP. Simultaneously, Remittix (RTX) is steadily building real-world utility by integrating payments and cryptocurrency through its verified PayFi infrastructure.