The price of Avalanche has been recording mixed performance. Despite starting quite well at the beginning of December, a market-wide dip seems to have caused AVAX’s price dip. This was followed by a significant recovery, with Avalanche investors thinking the surge would hold, but another market dip proved otherwise. This up-and-down movement has been quite worrying. However, the AVAX token seems to enjoy an over 5% surge due to the recent Santa Claus rally.
Meanwhile, Remittix (RTX) has also drawn significant attention for its ambitious use case in cross-border payments. Remittix is more than just a platform; it allows users to enjoy borderless and fast financial transactions. Its PayFi solution is set to attract more investors, which could see the RTX token surge even further in the coming days.
Avalanche Price Movement: Will AVAX Bullish Outlook Hold?
Avalanche has been creating a buzz with its Avalanche9000 upgrade, which slashes the deployment cost for Layer-1 blockchains by 99.9%. This impressive cost reduction seems to attract organizations and developers seeking scalable options. However, the upgrade rally seems to have died off, as the Avalanche price movement still showcases an up-and-down shift.
The price of Avalanche dipped below the $35 region on December 20 but managed to regain bullish momentum to trade above the $37 level following the Christmas rally, which has seen the overall market regain a bullish outlook. However, Avalanche’s technical indicators point to a neutral position, with the RSI at 42.
If AVAX’s price holds past the $38 region, it could open up a surging path toward the $43 region and $51 overhead resistance zone. However, a dip below the $38 level will see the AVAX token retest the $36 support level, and further dips will see the Avalanche price hit the $30.5 region.
Remittix (RTX) Set to Revolutionize Cross-Border Banking With Unique PayFi Solution
Remittix (RTX) seeks to bridge the digital and TradeFi gap with its unique blockchain-powered banking solution. The project’s PayFi protocol has already gained traction during its ongoing presale stages, allowing users to easily convert crypto into fiat with just a button click.
With competition from Wise, Stripe, and Coinbase, Remittix has already set itself apart by offering lightning-fast, low-cost crypto-to-fiat transfers. It will allow more than 40 different cryptos to be converted into fiat and deposited into any bank account globally in local currency. The best part of Remittix’s PayFi ecosystem is that the platform will only charge a flat fee on each transaction. This will remove the hassle of extra or hidden charges.
With such features, retail traders are already flocking to Remittix’s viral presale as the project continues to gain whale attention with its Pay API feature. This move will allow businesses to accept customer’s crypto payments by integrating this unique feature into an existing website’s payment gateway. Businesses can set up a merchant account on Remittix and cash their digital assets into over 30 fiat currencies.
As Remittix brings the crypto market into the real world, the RTX price is set to record impressive gains. The token has already recorded an impressive gain, with its presale funding hitting the over $844,000 milestone. The RTX token is selling at a low price of just $0.0167, with the price set to surge to $0.0172 in the coming days.
Which is the Best Crypto Investment for Q1: AVAX or RTX
While Remittix might be a new entrant into the DeFi market, its presale momentum showcases its potential. Just like Avalanche, Remittix has the potential to become a standout token in Q1, promising early investors a higher ROI.
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