Binance Coin (BNB) has formed the double top pattern which is a bearish reversal signal. This pattern has caused BNB holders to search for other investment opportunities.
Among the new entrants currently trending is Remittix (RTX), a low market cap crypto that is fast becoming the favorite among investors who are in it for gains.
Remittix has gained the attention of the crypto community due to its PayFi solutions that allow for instant crypto-to-bank transfers in more than 30 fiat currencies without additional charges. Due to its innovative features and 100x growth potential, RTX is a good cryptocurrency to buy for 100x gains.
Binance Coin (BNB) At the Verge of a Downtrend
The Binance Coin token has formed a double-top pattern on the price chart. This pattern usually results in a price decline. It is a bearish reversal formation that indicates that a bullish run is weakening and that the price may head south.
So, the value of Binance Coin (BNB) could fall in the coming weeks. Presently, data from CoinMarketCap shows the altcoin price has risen by 2.5% in the weekly timeframe.
The cryptocurrency had soared to a new all-time high of $793.35 on December 4 before the price correction began. Currently. The Binance Coin BNB is consolidating between $669.76 and $728.04 on the weekly chart.
In the case of a downtrend, the cryptocurrency’s price could retest the support at the 50-SMA ($669.21). Despite the bearish pattern formation, analysts remain bullish about the Binance Coin price. One such analyst is Crypto Patel.
According to him, the altcoin is not stable but is fueling up for a massive pump. He forecasts the value of the Binance Coin crypto could pump to $2,000.
The relative strength index is currently above the midline, a sign that bears are in charge. Also, the VWMA (10) is showing a buy signal, pointing at a potential price surge.
Remittix (RTX) Brings the Best of Crypto and Traditional Payments Together
Remittix (RTX) is an innovative project ready to change the world of international payments. This new solution unites the speed and efficiency of the cryptocurrency with the coverage of the banking system. Remittix is a blockchain-based solution that allows people and companies to transfer money across borders in minutes and almost free of charge.
Think about the possibility of transferring money to another country as simple as using a mobile phone to type a message. Remittix makes this vision a reality. Customers can easily swap a large number of cryptocurrencies for any popular fiat currency and make wire transfers to bank accounts globally. This approach breaks the barriers of time, high costs, and cumbersome processes that are characteristic of most cross-border transfers.
Remittix is not just about efficiency and saving; it’s about giving people and companies the level of control over their money they’ve never had before. The platform provides complete openness and protection, and every transaction is safe, trackable, and reportable. Remittix has a simple and user-friendly interface and a strong technical base, thus, it is making international finance accessible to everyone.
An individual who wants to invest abroad, a businessman who receives and makes payments in different currencies, or a migrant who wants to send money to family back home can use Remittix. This DeFi project is currently in the presale phase. It is selling its RTX token at $0.0167. Given the features above, the value of this cryptocurrency could skyrocket by 100x in Q1 2025.
Investors Jump Ship To This New DeFi Coin
While Binance Coin (BNB) is on the brink of a downtrend, Remittix (RTX) has become the best crypto investment. Remittix’s practical application and utility in the international payments sector make it an appealing prospect for investors looking for the next big thing in the crypto space. For those who are concerned about the possible decline in BNB, RTX is a chance to invest in a project that could thrive.
Join the Remittix (RTX) presale and community:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
